EMERGENCY POD: ELON BUYING TWITTER - Our Reaction and Explanation (Hilarious)

Date
Duration
45 min
okay so so you don't need to lose if in this case you are not successful in you know the board does not accept your offer you've said you won't go higher is there a plan b there is yeah i feel like i could rule world i know i could be what i want to from at all in it like the days off on a travel never look kim back alright we're live breaking edition sean just texted us and said we gotta do this elon thing it sounds like you've got a lot of opinion or you have a lot of opinions i got some opinions i got some opinions for sure of first let's summarize what happened and then tell me how you i guess like how you initially heard about it and how you reacted to it when when you first heard so let's start from like alright so the weeks and months and years ago elon has always criticized twitter saying how he loves it and i actually think he's one of the top ten most followed accounts in the world and of the top ten he's one of the few that is actually actively posting as a normal person would and he's criticized twitter for doing some for banning free speech things like that for basically being too liberal he didn't ever say that word but that's kinda what he's getting at right and about ten days ago or a week ago he bought nine percent of the company and then he set announced that he was gonna join the board of directors and the weekend after he announced that he was join the board of directors he started posting things like let's turn twitter's hq into a homeless shelter i actually lived next door to twitter's headquarters in at ninth end market you're a couple years ago and it's basically like no one's there because the pandemic shutdown down that area of the city and it's full of homeless people he said let's shut down it twitter hq and turned into a homeless shelter he's tweeted the said because nobody's going work anyways he yeah because if no always anyways always don't go anyways so he took it it was two jab that he took and then also he said should we create an edit button button yes or no and he tweeted basically three or four things like that then on sunday or sorry last on sunday night he was supposed to join the board on monday he said not joining the board and to a couple people or people who are a little bit in the know of this kind of granular stuff they said well the reason he's not joining the boards is when you join the board of a company like this you can't own more than fourteen percent and so by not joining the board he can now buy the whole thing and that happened on monday it's thursday morning first they were playing patty cake with each other he's like you know the news comes out then it's like the ceo of twitter par is like hey so happy to have elon musk on our board he's the best jack do says so glad to have elon on our board elon says so glad to be on the board jack you know they're they're all playing patty cake and then one day later or two days later or something like that it becomes he's actually not joining the board and he basically goes hostile and now at six am seven name this morning it was announced that he was going to buy twitter right away when he bought nine percent of the company i think the stock jumped ten percent the day he did it but its current valuation was like forty three billion and i think he offered to buy it at fifty three building billion give or take i i forget the exact amount but it was a nice premium not a huge premium but a nice premium and here we are now waiting for what's gonna happen next and by the way i think jack do i do actually that he was somewhat genuine i think the the ceo of twitter was not genuine that guy doesn't even tweet like he's not even a user like have i've ever read his tweets like he just tweets like screenshots of pdfs he follows me that's all i know and so he's good in my books prerogative the man you have an excellent taste who you follow well that's he might be the man but he's not like a power user of twitter like he's like i think i know how to use twitter better than he does know what i mean yeah for sure you do yeah so he tweeted on january twentieth then february sixteenth then march third you know before that november t so you know you guys tweeting bim monthly yeah so like whereas elon actually gets it yeah so anyway that's where we are now what's your take so i think there's a couple different things first i wanna just say baller move i've baller move i've been on the record of saying i think elon can be kinda cringey with stuff he says in public i think he's an amazing inventor i think he's a he's a amazing you know visionary and you know a force of nature for sure but i think he's kinda cringey in the way he kinda of for somebody who's like you know trying to be kind of like an engineer's engineer he sure does do a lot of stuff to like make himself seem cool and like try to be cool and it just he comes across tri hard to me but this was not that not just a move move i'm gonna read you have you read the letter yes i have it up a letter is badass so badass he he created an offer dude that's so funny that we both like gravity i was good that's exactly what was gonna up was the writing is and the writing is amazing i'm gonna read it word for words so he goes yeah so he this is part of his like sec filing he goes i invested in twitter as i believe it's potential to be the the platform for free reach around the globe and i believe free speech is a societal imperative for a functioning democracy however since making my investment i now realize the company will neither thrive nor serve this societal imperative in its current form twitter needs to be transformed as a private company as a result i'm willing to buy one hundred percent of at fifty two forty fifty four twenty per share in cash a fifty four percent premium over the day i began investing thirty eight percent over what i you know the day it was announced my offer is my best and final offer if it is not accepted i will not re i would need to reconsider my position as a shareholder twitter has extraordinary potential period i will unlock it so that was the start and then there's one final thing he goes best and final he this bullet points a this is this is the goal this is is really cool this is where he to put his nuts on the table he goes i am not playing the back and forth game b i have moved straight to the end i am not playing the back and fourth game and have moved straight to the end it is a high price and your shareholders will love it that's the best light your shareholders will love yeah if the deal does not work given i have i do do not have confidence in management per sad pro face nor do i believe i can drive the necessary change in the public market i will to reconsider my position as a shareholder it's not which it it is he says it's not a threat it is entirely a it's a it's a threat yeah biggest biggest threat i've ever it's like saying this is not a threat it's like say like i'm trying to be racist but or like it's like dude what you're about to say is gonna be racist right don't take this the wrong way yeah you're gonna you're about to be really freaking rude you're about to get offended he says this is not a threat it's simply a good not a good investment without changes that need to be made and those changes won't happen without taking the company private but just the best line of of all these is i have moved straight to the end that's my new shit dude i have moved straight to the end that is my new shit sean's new shit is i have moved straight to the end i'm just gonna be using that left and right negotiations the tomorrow's milk road is gonna start with i have moved straight to the end you know when i talk to my wife tonight and she wants to you know cuddle a kit no i have moved straight to the end and if i go if i go in line somewhere i'm gonna stand at the end of the line i'm gonna say i have moved straight to the end that is my new shit what a line it's good man how about the fact that he's so this was basically when he says send via text is that literally does he mean that this is an email that was sent in text format and then there's voice format or he saying this was a text message you think yeah i don't know what that port was it's like it's like it the the file live there's like a screenshot of it it says like oh it's almost like you said like hey siri send this to the sec send this to jack in my address book it's like which jack do you mean yeah so so i don't know what that part was it's it sounded like that part was i think he sent a message either to jack or brett taylor the the chairman or whatever and taylor the guy from salesforce yeah brett taylor yeah oh dude i think he's the chairman of the board gosh and so i think he sent it i think he sent it to i think it was to him and it was saying here's my offer letter this will be public tomorrow so i think he you was giving a adds up to whoever i do not think this is gonna go through what and why do you think that i think that i okay so there's this app called blind it's very inside based football app like typically only the the you basically have to have an email at a large prominent tech company to use it so i don't even i mean maybe hubspot has the ability to use it but it's like all the time at twitch it's awesome so like amazon apple so people twitter shit whining gossip but you do anonymously and they you have to be a employee the company to be on there so you know these are not just rand and they'll like it's they they basically google complain about stuff that that they should be made fun of like i only make four hundred and fifty thousand dollars a year how is that how am i able to survive an the s f or what is everyone making right now my salary is blank post your salary below whatever and i got some screenshots from the twitter blind and the people who use blind i do think are not the representative of the normal employees but they basically said that like fifty fifty thought it was a good idea and fifty thought it was a bad idea so but the reason i don't think it's gonna go through is i do think that management in a large vocal subset of the twitter employees are gonna throw a fit enough that it would make you this hard to go through but it's not the employees who get to decide i mean what do you mean well i said the man i think management could could could cause such i don't know what they could do this is it's it's a i think this is like a i don't know the exact mechanics of these takeover so you know there's people much smarter than me about this stuff but this is something that basically the the board has to decide and it's like a share the shareholders if i'm a twitter shareholder the stock hasn't like stocks have been basically a poor performer for like a decade i used to own this like ten years ago and you know the stock price is you know has not been like this up into the right curve and you're getting a whatever what is a premium versus today so today's price is it's now forty five he offered fifty four so that's what i like a twenty something percent premium don't do public math but yeah but would you take that premium and and also what i think one thing he said was you try to retain as many private shareholders as possible meaning you wouldn't have to sell to be in favor of the vote of of this going through you could like you know keep your shares or whatever i think that i just think that there's like some like i've run enough like finance books that there's all these crazy things like the poison pill which frankly i don't even understand a lot of this there's all these like weird like you know art of war type of things that you can do i think i i don't think it's as easy as well i'm the top bidder i think there's all these weird things but anyway the thing here's the thing about twitter do you know what alright so twitter's market cap as of today it's thirty four billion of course we're at like at a a nice pulp back right now for tech so it's probably thirty percent higher a year ago but whatever right now it's thirty four billion do you know what snapchat is fifty about fifty five yeah and here's the about about twitter is i believe they have way more users and it's the center of culture right now maybe not the center but it is a center of culture at the moment and their ad platform is dog shit it's the worst ad platform all the big dogs but so if they could figure this out they should be worth way more the thing is i don't think elon gives a shit about ads i think he's gonna try and figure out a way how to make money other than ads but twitter's ad platform is really bad so i do think that this company twitter is way undervalued and way under monetized and they they don't ever innovate although lately they've done some cool stuff but it's been like you know fifth ten years ten years i think right yeah and and by the way here's here's a couple of takes on the on the situation so cuban mark cuban came out and he was like i think he goes i think elon is effing with the sec he goes his file filing with the sec allows him to say he wants to company private for fifty four twenty which is like you know before he used to sec find him like crazy because he said i'm considering taking tesla private for four twenty funding secured and so he got to now do it the official way just put a five in front of the four twenty he had bought the shares a couple months ago this is gonna this this news of him buying and now of the potential takeover that drives shares up let's say they don't accept his offer well then he's he already said i'm gonna sell my shares if you don't take my offer so he's just gonna make a huge profit off of off of these shares right like he's gonna make you know like i don't know whatever like he i think he bought the shares for three billion if if he set you know for for you know like whatever twenty thirty percent game he might make up close to a billion dollars off of just effing with twitter and he gets all the fame remember when we were talking about our friend who our friend alex who from money brew who's gonna you talking about buying puppet golf courses and we were like this is the optimal spot you said the announcement you got all the praise you don't have to actually do it yeah if you like it the check get the picture with the check and and post it on ig don't don't actually give your all the headache and the work of actually running and owning that business so elon is at that's perfect spot right now so that's that's one take on it other takes so you know some people you know like crypto twitter basically so there's just do you follow this account punk six five two nine no i i think i know he is i'm actually gonna click follow now what is it punk what so punk six five two nine so this guy's is one of the like best twitter accounts to follow he's sort of like posts these kinda like thought leader things about crypto yeah i know guy he's great hey he's great he's i think in a very short amount time like a couple months he's built you know he's got three hundred twenty thousand followers now because he's just had like really good takes on things on things like this and he said what did he say he goes he said something like you know he's he's basically like you know twitter should be a protocol it's a short messaging protocol and it doesn't need to be owned by a single company nor does he says if you're excited about elon taking over twitter or upset about elon taking of twitter well both of these are the exact same problem our global short messaging internet protocol should be completely unaffected by who's the ceo of some random company in california in that same spirit let's talk about you know what what a future you know protocol like this could be and i think that's one of the like that's not like what's gonna happen here but i think i think it is like nope one company owns email for example right but but like which is a protocol for sending messages that are long form and but one company does own twitter protocol and because of that you know you can't just choose like if this was a protocol you could say i wanna use client that has no algorithm i wanna use the one that has a really tight algorithm and shows me nothing no no right wing stuff you would be able to have way more choice as a consumer and way more companies would be able to innovate and build on top of twitter it was a protocol not a single company so kind of is that something it doesn't matter who's in charge i don't even think that's logistically possible at this point though or is it not really for twitter it's like almost like it's easier for the next thing yeah right that's my jack jack do has said he's there's a project called blue sky which is the idea of like turning twitter into a decentralized protocol but like who who knows like how realistic that is and how much of that is just like you know lip service so we're working on it and like you know right check in five years and see how it goes let's talk about this angle here which is actually maybe the most interesting which is a best troll ever so like this guy's like a child and it's some of it's not funny this one is very funny but b i actually think and i think paul grabs at something like this this i'm not convinced that this would be good for twitter but i think definitely there's for sure possibility that it could be good for twitter but i think there's a for sure certainty that this is horrible for elon musk consistently the guy makes decisions that are funny and cool and leave people like shocked that they did that but it's kinda like eating an entire orange including the peel it's really funny and hilarious that you actually did it and we're gonna laugh about it forever but i'm shocked that i do a guy in called you ate an entire orange an entire lemon one time in one sitting including the peel and i'm like that's hilarious that you've done that i have a story now forever but that's gonna suck for you for a while and so that's kinda like what this is like this is gonna bad for elon for a long time this is not gonna make his life more fun this is gonna make his life a significantly worse significantly harder so much more pressure this is not a smart move for his personal life well the the point he's at right now is brilliant because what does this say about elon this says number one i'm super rich i could just buy twitter how about that somebody tweeted it out they go elon said i okay you know you don't want me on your board i okay i won't have a board seat i'll have all the board seats right right so so so that's one piece which is like if you in case you for god i'm way richer than all of you okay second thing is why are you doing this elon are you just you just wanna own it have more power like think about when jeff bezos bought the washington post or whatever it's like one of these billionaires trying to do they're trying to control us elon is like these tech companies are effing effing it up which that's already the the the way that a lot of people believe is that these tech companies have too much power too much control they're shaping the narrative they're they're not free speech so he came out as i'm doing this for free speech it's like how you gonna are you against free speech right like you know raise your hand if you're against free speech and so he vi signaled free speech on top of it he did it in like a bold and baller way where it's like gonna get him like way more attention and fame and a bunch of reasons why people will talk about him and he's gonna make money from it you know just by like buying the shares beforehand then creating all this ru and then like you know being able to sell out if he says well i didn't get it you know so so i think he can kinda be the underdog of like yeah you know they the the powers that b wouldn't let me do what i wanted to do i was gonna make the shit awesome but you know they they they wouldn't let me do it they tried to they tried to squash me dude how about the that we just did an episode where we recap the milk road where you where peter teal had this like outlandish headline where which it might be true well no i i actually don't think it's i it was joking a little bit where he said warren buffett a soc path and he went to list about all the reasons why warren buffett who called him hold on he called him soc path grandpa and omaha yes who but like warren buffett the his stereotype and it's probably actually not true is that he's this nice old man who just all shocks i just happened to do it whatever and peter t is this evil guy who causes like old grandpa paul a soc path and then you've got elon who does the craziest shit on earth imagine these guys when they're twenty five thirty years old and they had a little something but maybe not like that much and what type of fun would it have been to be in the same room with these fucking shit heads worse it's like the perfect combination of like capable enough to pull it off crazy enough to think it's funny and it's just all this perfect combination i can't imagine being around these guys when they were younger yeah exactly ben pulled this tweet up so he's at elon right now why as we're talking he's at ted and you know who's there is our boy our boys yeah andrew interject so he's at ted right now he was there to talk about whatever spacex tesla whatever dude but of course at yeah of course you know it's a it's a thirty minute talk about twitter is and so ben can you pull this link up in the in the screen share we should watch this this is elon musk talking about his plan b if the deal doesn't go through for twitter so i i haven't watched this video because it's just this just got tweeted out just now so i wanna hear i wanna a live reaction to whatever he says you know thirty do do while ben's find that clip pull it up in but while ben complaining the clip do you think so like i don't buy like that nicest stuff but like let's say like i see a car that i like and it's like fifty thousand dollars and i'm like yeah i'm just gonna buy it and i'll figure out how to ensure it and i'll figure out where i'm gonna store it after i'm buying it like it's kind of a big deal because it's like a fifty thousand dollar thing but like it's not gonna kill me do you think that elon is thinking about it like i would think about like a fifty thousand dollar car or is this like like how well how thought out do you think this is well let's let's look at this so elon net worth right now two hundred and sixty five billion dollars i think yeah but can't i don't think that i don't i don't think that like that's entire i that is true in a sense of a net worth but he definitely has a lot of debt because he's gotta sell i mean it's not like that liquid i would think so even if you we don't know all the details and we don't know how we don't know all of his personal financial situation but let's just take the high level of numbers for a second that's i think it you know like whatever roughly twenty percent of his net worth that he would be putting into this so that's the lot you're worth ten million dollars is you buying a two million dollar asset right the difference is is that you only have eight million if you're worth ten million left which is a lot but like you're not gonna go and buy a bunch more two million dollar things with elon you still have seventy or fifty year billion yeah yeah you have whatever like two hundred billion to fall back on it whatever it is we have this i wanna see what he i i don't know if this is gonna be good because it just happened just now but ben let's play this and i wanna hear it but but the the the truth matters to me a lot really like sort pathological it matters to me okay so so you don't need to lose if in this case you are not successful in you know the board does not accept your offer you've said you won't go higher is there a plan b there is i i think we i think we would like to hear a little bit about plan b for for another time i think another time yeah alright i that that's a nice tease alright so that's great nice well played well played in that in that case i don't know if where you could be right like launching his own watching his own thing i think he's probably i think i don't think that would that's a good plan b twitter is is is you know it's really hard you know like how many people say they're they're gonna create a social media product and how many people try and how many have worked so a lot try everyone tries when they first start and there's like three right right tiktok youtube facebook and instagram and and you what i mean there's three yeah i i do think it would be very very hard this would be much better to buy the existing asset but how trump's thing's is doing what's do you know what the i mean it's like horrible right i i downloaded it because i was gotta see what's going on on this thing but i haven't spent too much time it was like crashing like crazy like the first day so yeah truth i social i don't think building it maybe that's the plan b maybe he's gonna be like hey everybody true social i that's where we're going right because then you get the trump stands and the elon stands together together that's a lot of people who are like devoted followers of those two the problem is they hate each other and also doesn't care about making conservatives happy he cares about trolling so if you only have your own audience on there it wouldn't be very fun right you know what i mean he eat e he doesn't like getting people cheering he'd like he likes pissing people off or ru feathers and the thing about the truth i you know what i think that's rooted in i think that's rooted in his father lying to him and so elon dad so listen you went you went there daddy issues is it i think all comes back to daddy issues everything i think not everything i think that most things in life are genetics and then the other half is things that happened to you from pages ages like zero to four and i that's really i've mean someone was young what what it what what was he lie to between maybe ten how we even know maybe ten but i do think like things happen your two and three like like it actually impacts you but let's go up to ten and i think that like he's had a troubled relationship with his dad and his dad just wasn't around and i have a feeling there's a world where his dad was like i promise i'll be at this game i promise i'll do this or like you know like you know i'm working on this huge business deal it turns out he's like on floyd and he or he doesn't show up to the game i think that there's like something like that that has happened that he's like obsessive compulsive about the truth i actually do believe him when he says truth what it is that wait sorry did his dad him up i'm just made that up i don't know but i know his dad his dad his his dad was wrong well no what his dad wasn't around like his dad left like was i he left his mom and like he wasn't very present in his life and i think he was kinda rude to his family and i'm just guessing like there's a world where like he's like just one was kind of an asshole and was kind messing around and just doing for sure the things that you value come from your experience else's like you know people who value authenticity because they've dealt within authenticity people who value you know family is typically because they've had either great experiences of a family or terrible experiences of a family that they wanna rectify right so you definitely are shaped by that so if he's telling us you know i'm sort of like what i know he said in that like a man or whatever he said like you know man about the truth i said think he said he said obsessive i think i think he says like i or he said something like to it's point it's almost a problem that he he's goes to right care about the truth and like you know okay some percentage of that is just again for signaling but you know let's take him out his word for it you know let's be clear what what does he think is happening so you know like what is untrue you know like they're should it's like free speech cool people gonna be able to say anything those not those are not necessarily gonna be true right it's just there's belief there's the belief that you know the answer to to bad speech is is more speech not censorship so you know i i get that but i'm not sure really what is ideas on right like if you if you look at the list of ideas i forgot what i saw this screenshot of elon elon twitter ideas let me see if i could find this real quick i don't even i think that like i i'm not well versed in like the political scene of twitter and like i understand why people want free speech obviously i know the donald trump example that's just like an example everyone hangs on i don't know tons of other examples one of them being this hunter biden story which i don't even remember what the story was but i know the new york observer which is a conservative paper in new york they said hunter biden i think it involved prostitutes i think get involved drug addict made a drug addict things like that they published it twitter suspended them and turns out a year and a half or two years later it was true and new york times wrote a very similar story saying the same things happened they posted it and they were band and i think that there's a handful of examples like that that people are pissed off about but i'm not sure if it's like rampant other than i mean but one could argue you it is rapid if the most popular if the president can't use twitter yeah i i think that's probably like strongest the the strongest like you know example hold on okay so i'm just gonna read this out loud real quick because alright here let me yeah let me insight on here's a list of the of what elon has tweeted since you know since he kind of announced that he what he was gonna do and before he left the left the board he goes the first one tweet was vote to remove the w from twitter so just tit and then his poll options were yes and of course god turn stupid that's that's what that's kinda a cr joke exactly turn proposal number two turn hq into a homeless sheltered number three eliminate ad revenue number four just say that twitter is dying number five overhaul the blue check mark policy number bored with that totally said he was gonna smoke weed at the next board meeting oh my he posted a meme of him smoking weed at joe rogan at the next board meeting the next one and edit button next idea and then just put this in quotes free speech like like there was no idea of how or why or what you know like just free speech and the last one was open source algorithm so like you know so the people were like you know elon is gonna save you elon one's gonna save to where it's like well if you if you pay attention to the the ideas that he had we're not the most earth shattering ideas our our tinder homeless shelter you know quote unquote free speech but you know what what were these ideas our friend nikita who seems like i can knows what he's talking about with some consumer apps was like i i you know maybe i like elon maybe i don't but running a car company and creating paypal and a solar business is a lot different than like the kind of art that it takes to create a consumer tech product like twitter and i totally agree with that you know like think about this like when someone's like well we're gonna create this thing that you can only write a hundred and forty characters nine out of ten normal people would be like what if that let's make it so i can write as much as i want or let's just make it so anyone can edit it and do all this other stuff and they're like no we're gonna do this weird thing it's kinda like vine like you only have four to make a video four seconds no one no one can do that it's like no it's and it creates a whole art out of it you know what i mean so i i think twitter will or elon could potentially be a little bit too rational and logical to create the magic of of twitter so i i have the complete opposite take i think if the guy can land a rocket re land a rock a rocket on its butt in the middle of the ocean and he can make electric cars that are awesome pretty sure he could like you know figure out the social media now the problem is he's still doing those other things like fucking albert ein einstein inc ain't gonna create youtube you wanna be like he's not even create he doesn't need to create it he's just he's a he's a he's a leader and he's a first principles thinker you know like do who do i have more faith in para prerogative or elon i have more faith in elon than i do para frog well yeah but that guy ain't run it that has running that he ain't you ceo he just makes sure that the train show up on time he's not building the train well that's the problem right like you know that's why it's plateau that's what user growth was like three hundred million monthly active users like whatever five years ago now it's like three forty it's like it hasn't grown much at all plus you know other problems of like hate and scams and other stuff so my take is is that this is the ultimate example of social media ruining everything so like think about in your and my day like i know for me how much time and productivity from like useful awesome activities i i could be doing just check a twitter about tiktok and whatever you know social media is this like distress and time suck it's like dan this guy is trying to make us multi planetary and like self driving cars and like get us off of fossil fuels and he's getting distracted by social media he's just doing it at the biggest scale like not just using social because i'm gonna buy it and then i'm gonna have to fix it and it's like dude no just just do the thing where you help us like go to mars and have self driving cars that are electric lecturing like those are the useful things solving social media is like just another distraction just done at elon scale if he dies in the next five years would you be surprised i would not be surprised i would not be surprised either do you think that would be the way that that would that's does this story have to end that way like no i don't think he's gonna die that i don't think he's gonna die like i you know low probability but i do think that it would turn them into like the greatest cult hero ever well it's kinda like you know everyone talks about o'clock and i've got o'clock in my background here i love tu you know we died when he was twenty five he was only twenty five people talk about this guy being like no yeah a lot of people don't know that he was twenty five biggie was twenty four okay and so people are like oh they're the best rappers ever and i'm like well they didn't really have that long of careers so like j z and m and eminem and m they've done it for like you know twenty years now so they definitely have and and and and but the reason we say the best ever because he died young and he's like oh the potential so in some way i'm like that's he want to do the same he should go out on top maybe a bit we'll remember him as being the best i mean would you wanna die and be the two pack newsletters or what no i wouldn't want to know but i'm not elon either you know there's two things i know in this world like the you know there's crazy guys in the world like elon and the second thing is i'm not one of them that's what i know is is there's weirdo like him and i ain't it i think we we should end on that just to reiterate your angle sam you're of the opinion that elon has daddy issues and you hope he dies is that correct i to the first point one hundred percent his data daddy issues yeah show me a successful person i'm gonna show you a fucked up dad for sure without a doubt okay the second thing do i do i hope he dies one hundred percent no do i think it will be even better part of the story yes unless he has some like what's the guy's name the rich guy who created the airplane that leo hughes had a movie howard hughes unless he has some kind of weird howard hughes thing where it becomes even more or jd d sal where he just disappears and it becomes even more of this like mystery then yeah i'm on board with that but if he just gets old and he just begins like peeing himself and dies i'm like fuck like you can't he can't go out that way yeah yeah that's actually a better question which was what's the right way for elon to go you know like heart attack nah just you he was overworked and stressed nah that's that's for that's for the common man well dying on mars like crashing exactly that he's that's the great way gotta be the guy who goes to mars die dies in the process taking taking man farther than they they've ever gone before that's gotta be the way he goes in the space or he just disappears and just like no one knows where he is and he just he's he lives in a a trailer in world and he has to when he goes out he has to say he's satoshi na also he has to just he's the smartest move he could do right if i'm his p team i'm like listen elon before you go we need to claim the satoshi thing that's just the cherry on top of your legacy is if you were satoshi and there's no way to disprove it if you're gonna go anyways so so that that's the last little little thing he should do on this to do list of bucket list before he before he kicks it dude this is awesome alright that was not where i thought we would end it with him dying but that's a that's a great impromptu your episode i think ben what do you think loved it i loved it i i think i think it's a bad investment i i think elon is having if you had as much money as he had why would you not spend your time just having fun i think he's having fun i don't think he's having fun i don't think he's having fun i think think he's investment you think this is a strategy i think that he's kind of playing the role of a court chester where he's laughing on the outside and it appears to be fun and he everyone's laughing with him but also he's crying on the inside i think i do i i i do not think that his life is enjoyable in any sense of the word i don't either but i think he's getting enjoyment from this probably yeah like it's like a i think it's a but i think it's our version of like when you tweet something funny or i tweet something funny i also am like he like gig like i'm like like family like gig that's hilarious but like it doesn't it's not like i'm happy like three days later from that and feel like content right right yeah you're saying he doesn't come across like a content happy person and that hell know said in many interviews the to to that extent you know things like you wouldn't wanna be me that's not what you know a very happy content person says okay great or i will find death as a relief right so so those are pretty cute as as strong as it gets on to read between the lines there but to ben's point i do think that he gets off on being you know the class clown the guy who gives the middle finger to the to the to the system he's he's taking f few money and he's saying f fu so you know he's he is enjoying i think the stunt aspect of it and i don't think he's doing it as a economic investment i think he's he's doing it as a combination of maybe twenty percent stunt publicity stunt and maybe eighty percent mission and maybe i'm wrong on those sliders maybe it's more like fifty or you know eighty twenty the other way i'm not sure i i think it's eighty percent mission twenty percent stunt not an economic investment but i use economic as we say on the on the on the micro podcast yeah we're big on being post economic late late stage capitalism that's what we're known for but i do think like you look at jeff bezos who bought washington post i don't know he paid like a billion for washington post i think he paid two hundred million dollars to two hundred million okay two hundred million done but at the same time he got nothing like washington post gives you a voice i guess but like you don't even have full editorial control and like could if he wanted to but he could if he wanted to i think what he got is a little different i think at the time that was seen as like cool power move like it we all know about that so it it did work in that sense the second thing he got was something many rich guys have is vanity you know collectible i items yeah i own this i own the you know this far farm i own this basketball team i own i own these things you've heard of that there is a sort of rich guy toy twitch chest thing i agree it's like an a sports team it's it's like a a a journalism sports team but i think like from the functionality standpoint of like actually being able to have a voice like buying twitter is sort of the same thing but he's getting the only voice that matters like he's getting the only thing that can actually drive and change public opinion if you wanted to to pull that move how much is like cnn good question what what's a parent company well i think they just merged did they maybe between five and ten billion would i guess yeah look up news look news for for your buck look new but news corp which is the one so basically rub murdoch started fox which is he started this one company that recently had to separate because it was a monopoly owned news and those two companies became news corp which basically owns fox news and fox news affiliates and then twenty first century fox which is like the movies and tv shows and collectively that value is like i take a hundred no no i or fifty thirteen billion both of them combined no maybe i don't have the second one what's the news corp news court corp class a is thirteen billion that's the least valuable or the less lesser of the two what's the more valuable one fox twenty first century i think that's what it's called i don't know dude i think this is the one fox corporation fox okay i don't know if this is the right fox but fox corporation thirty billion yeah that's it that's it so fit forty three total yeah and this is the right one and they're way more popular than cnn so yeah i'd cnn can't be that expensive but who the fuck ones that own cnn these dudes you wanna own watching it post in twitter right why not dude do you know how many people watch cnn at any given point like they're real time viewers it's like sometimes as low as tens of thousands of people like it's not it's it's not a significant amount of people that are watching it at any given point they chicks on twitch during asm that have more viewership than cnn like in the middle of the afternoon yeah that's i'd saying like cnn like not really but it's hilarious that i said that i mean they're there's like cool shit like cooper's is pretty cool but like it's just like fucking dentist like you listen to it when you're at the dentist like it's not like a trapped into chair being tortured yeah it's like shooting situations and like going to the dentist like the only times that i've got like cnn on or when you go to like do you ever go to the you ever get coffee in the morning in fox or at mcdonald's they always have like fox playing in the background that's like the only time i like see the news that's hilarious did you see the cnn plus like failed it fail yeah dude what do you expect like you can't just like put a plus and then a pay wall and like the shit that no one cares about and hopefully they automatically do courts just shut down their pay wall today too it was the same thing it's like you can't just call courts pro and expect to get more money because the main courts already suck yeah you know what i mean like you just put a a bow you wanna blanket pay for it though yeah like you can't put a bow on a pile of poo and it automatically isn't a pile a poo but that's basically what a lot of these companies do and it's not the right move yeah the plus thing is just like a dead giveaway it's like that's a tell a plus or pro alright that was good yeah i feel like i could rule where i know i could be what i want to from at all in it like a day's off on a goal travel never looking back

Episode Notes

Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) react to Elon Musk's attempted hostile takeover of Twitter. They analyze why he's doing it, whether they think he'll be successful, and more.

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Links:

* Elon's letter: https://www.sec.gov/Archives/edgar/data/0001494730/000110465922045641/tm2212748d1_sc13da.htm

* Punk6529 Twitter: https://twitter.com/punk6529?s=20&t=_z6Y7oL3z9JfPiYx0AqImw

* Video of Elon's plan B: https://twitter.com/heydave7/status/1514675952802017282

* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

* Want more insights like MFM? Check out Shaan's newsletter.

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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

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