We have reached an agreement in principle for Sam to return to OpenAI as CEO

>>staran+(OP)
Quote tweets by main participants:

>>r721+k1
On a side tangent, absolutely amazing how all this drama unfolded on Twitter/X. No Threads, no Mastodon, no Truth Social or Blue whatever.

Say what you want about Elon’s leadership but his instinct to buy Twitter was completely right. To me it seemed like any social network crap but he realized it was important.

>>nickpp+Y5
A huge amount of advertisers ran away, the revenue cratered and it is probably less than the annual debt servicing (revenue, not profit), the current valuation, accordingly to Musk math (https://fortune.com/2023/09/06/elon-musk-x-what-is-twitter-w...), is 1/10 of the acquisition price. But yes, it was a masterstroke. I don’t remember any other masterstroke in history that managed to lose 40B with a single acquisition.

>>tigers+wc
I’d be rather reluctant to question the financial decisions of one of wealthiest men on earth. Losing 40B could feel quite different to him than to you or me. Besides, it’s unrealized loss until he sells.

>>nickpp+Qe
Or goes bankrupt.

zlacker