What Does a Guy Have to Do to Acquire a Media Company Around Here?
Tech has been long overdue for a correction, and it certainly hit this week, with a vengeance and on all fronts, and especially in the stock market, where Jeff Bezos lost $13B in just a few hours. He’s still one of the wealthiest people on the planet but, hey, a billion here, a billion there, before you know it, it adds up to real money
Elon Musk had been battling for Twitter for weeks. The board scoffed at his initial offer. Twitter workers freaked out over Elon Musk in internal Slack messages (“Physically cringy watching Elon talk about free speech,” wrote one site reliability engineer, and for fook’s sake, doesn’t the South African-born billionaire realize that he’s in America now!!!). Now that Musk has more or less been handed the keys, the tech press is up in arms, too, that yet another billionaire owns a media company. Or so it was reported by MSN (backed by billionaire Bill Gates), in a Bloomberg opinion piece (owned by billionaire Michael Bloomberg) published in the Washington Post (owned by billionaire Jeff Bezos).
With all of those forces against him, makes you wonder what a guy has to do to acquire a media company in this day and age?
