Vijaya Gadde
Posted on 10/27/2022 10:36:53 PM PDT by SmokingJoe
Elon Musk fired several Twitter Inc. executives after completing his takeover of the company, according to people familiar with the matter, capping an unusual corporate battle and setting up one of the world’s most influential social-media platforms for potentially broad change.
Mr. Musk fired Chief Executive Parag Agrawal and Chief Financial Officer Ned Segal after the deal closed, the people said. Mr. Musk also fired Vijaya Gadde, Twitter’s top legal and policy executive, and Sean Edgett, general counsel. Spokespeople for Twitter didn’t comment.
Hours after those actions, Mr. Musk tweeted: “the bird is freed” in a seeming reference to Twitter, which has a blue bird as its logo.
Vijaya Gadde
Mr. Musk first agreed to buy Twitter in April for $44 billion, then threatened to walk away from the deal, before reversing course again this month and committing to see through the acquisition. He previously indicated unhappiness with some of the top ranks at Twitter, at one point responding to a tweet from Mr. Agrawal with a poop emoji. He also used the site to mock Ms. Gadde, the top legal boss, tweeting an image overlaid with text that repeated allegations Twitter had a left-wing political bias.
It wasn’t immediately clear who would step into the top positions left vacant by Thursday’s exits. CNBC earlier reported the departures of Mr. Agrawal and Mr. Segal.
The deal, in which Twitter will again become a private company, adds to Mr. Musk’s expansive business reach, which also includes running Tesla Inc., the world’s most-valuable car company, and rocket company Space Exploration Technologies Corp., or SpaceX, among other endeavors. Mr. Musk, who had become Twitter’s largest individual shareholder, previously said he would pay for the acquisition mostly with cash, some contributed by co-investors, and $13 billion in debt.
(Excerpt) Read more at wsj.com ...
Did they hand a list of demands to the security guard as they were escorted out?
If he did this deal correctly, he doesn’t need to make a lot of profit on this to make this work. If he makes a billion or 2 billion profit, it should be workable.
Go Musk.
Still will never use it.
AweSome !
Hes not doing this because he’s conservative.
Nonetheless his actions align with conservatives desire for actual free speech on online platforms, as opposed to the current norm of only liberals masquerading as determining who can say what.
Dropping 75% of the useless woke “workforce” there will help attain some goals.
I have extra space for that Vijaya chick but she has to chip in on groceries.
Given all the Twitter peeps who said they would leave if Musk bought Twitter, ‘house cleaning’ should not be an issue...../s
-PJ
Ahh, the world of high finance.
“said he would pay for the acquisition mostly with cash, some contributed by co-investors, and $13 billion in debt”.
Wish I could “Pay” for the things I want with “$13 billion in debt”.
I thought only Gov. Org. routinely “Paid” for things with debt!
In a sane world “Paying” with debt would be impossible as it is not “Payment” at all.
How do you think mortgages work?
And what do you think the huge credit card debts in America are about?
U should not talk like that, people will stop and think and the whole system will fall apart!
Do you have a place for her to charge her Tesla?
Betcha she has a Tesla. 😂
I hope you like the smell of egg curry and patchouli.
My mortgage is secured by my home, at no more than half of appraised value.
The 3% rate will provide the investors with a hefty profit at my expense.
Credit cards are financed via usury, currently around 25% interest rate.
And again the creditors have a hold on your assets.
There are limits to bankruptcy.
What I see with this Debt Transfer is not the same.
No, I’m not a financier, just a guy who tries to apply some measure of what used to be called “Common sense”.
His loan is also secured by his assets, such as his stock ownership in Tesla, Space-X, etc.
Even the wikipedia page on Vijaya Gadde describes her Twitter employment in the past tense.
They’re fast.
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