Re Musk & Twitter: Shareholder value is one measure of CEO performance; X is now 1/4 its purchase price. Another is retention; X lost 90% of its workforce. Yet X still runs? Why? The 90% weren’t just keeping it going; they were adapting to changing tech. X is riding on that momentum, just for now.
February 12, 2025 at 3:00 AM
Re Musk & Twitter: Shareholder value is one measure of CEO performance; X is now 1/4 its purchase price. Another is retention; X lost 90% of its workforce. Yet X still runs? Why? The 90% weren’t just keeping it going; they were adapting to changing tech. X is riding on that momentum, just for now.