Twitter’s Time of Reckoning: Debunking the Drama with Jag Sharma & Jason Kapadia - Episode 34
Twitter is experiencing an age of extreme turbulence with Elon Musk at the helm.
Since his takeover his ‘vox populi, vox dei’, utopian vision for the platform has encountered its fair share of hurdles, from irate employees to imitators with a checkmark.
So how does Elon steady the ship? Which are the huge problems to tackle first, and what could Twitter become in the right hands? Jason Kapadia and Jag Sharma gaze into that crystal ball on this week’s episode of Disconnected…
This episode of Disconnected covers:
What’s made Elon Musk such a divisive figure
Twitter’s biggest immediate issues since the takeover
Potential future routes for the platform
Episode Highlights:
“It's not like he's got all this cash sitting around, hoarding it from other people. His company has been valued so high, but he’s not got that much in cash, it doesn't take away from other people,” - 6:00 - Jason Kapadia
“He tweets things like ‘What's the point of a union when you could give up the union and you get stock options instead?’ - do you think he's a good employer? ” - 12:55 - Jag Sharma
“Elon doesn't value a university education, despite you needing a bachelor's degree or sometimes a master's degree to apply for roles at SpaceX and Tesla.” - 15:20 - Jag Sharma
“They've been shorting the hell out of Tesla stock, and Elon has been forced to sell the stock of Tesla at severely depressed prices, which caused the stock to fall even more. Tesla has lost over $400bn in value since that Twitter deal was announced, partly because of this $44bn Twitter purchase.” - 18:45 - Jason Kapadia
“They're losing around $4 million per day, right? Now it's a privately held company, someone has to pay that. That's coming out of Elon’s pocket, so it's in his interest to really try to correct ship as quickly as possible. ” - 25:40 - Jason Kapadia
“Turning Twitter into the WeChat of the West, I think, is their only play to make it super profitable. Everything else already exists somewhere else.” - 33:20 - Jag Sharma
Links & references:
Jason Kapadia:
https://www.linkedin.com/in/jasonkapadia/
https://www.instagram.com/jasonkapadia/
Jag Sharma:
https://www.linkedin.com/in/jagsharma
https://www.instagram.com/jagsharma/