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Community => Science and Technology => Topic started by: Vanto on March 03, 2020, 08:55:53 pm

Title: Paul Singer gets big stake in Twitter, wants Dorsey out
Post by: Vanto on March 03, 2020, 08:55:53 pm
https://www.forbes.com/sites/abrambrown/2020/02/29/twitters-jack-dorsey-has-a-new-nemesis-hedge-fund-billionaire-paul-singer/ (https://www.forbes.com/sites/abrambrown/2020/02/29/twitters-jack-dorsey-has-a-new-nemesis-hedge-fund-billionaire-paul-singer/)

To understand why this is big news, you have to know who Paul Singer is.

Singer is a wealthy hedge fund manager, Republican mega-donor (https://www.theguardian.com/technology/2020/feb/29/paul-singer-elliott-management-twitter-jack-dorsey) and corporate raider.

I've long been critical of Dorsey's management, but I don't think Singer's the man to fix Twitter's problems. My guess is that he either uses it as a means to promote himself and his agendas or pumps it (even more) full of debt and bolts with the satchel.

Still, I guess I can eat popcorn while doing my best Ken Watanabe impression (https://www.youtube.com/watch?v=XKdJ6DnPhzk).