This Week in Startups Twitter accepts Elon's buyout offer, EU's new algo rule, Pipedream Labs: Hyperloop for package delivery | E1443
Apr 26, 2022
Elon Musk's acquisition of Twitter takes center stage, revealing the implications of billionaire ownership on media and content moderation. A deep dive into the EU's new Digital Services Act emphasizes the need for algorithm transparency in social media. In a twist of innovation, Pipedream Labs introduces a futuristic hyperloop-style delivery system, promising to transform logistics. The conversation also touches on investment opportunities and lively debates around Twitter's evolving dynamics under Musk's leadership.
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Poison Pill Rejected
- Twitter's board initially used a poison pill to block Elon Musk's acquisition.
- They ultimately approved the deal at $54.20 per share after just weeks.
Private Freedom
- Jason Calacanis predicted Elon's success due to his track record of achieving goals, even with variable timelines.
- Taking Twitter private allows long-term decisions without public market pressures.
Fixing Twitter
- Jason Calacanis believes Twitter's bot and brigading problem can only improve.
- He suggests real-name verification and paid verification for a cleaner experience.