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Elon Musk’s Twitter Power Grab: What it Means to operate like a DAO?

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Elon Musk is known for his impulsive decisions, which often start with impulsive posts on Twitter. Earlier this month, Musk posted a poll on Twitter about the platform‘s adherence to free speech principles, and followed it up with a disclaimer that the poll‘s results would be important. Musk then spent $3 billion on Twitter stock and became the company‘s largest shareholder.

However, Twitter CEO Parag Agrawal announced Sunday evening that Musk had changed his mind about joining the company‘s board. It is speculated that Musk may have decided not to join the board because he was informed of his responsibilities and decided to abdicate them. Musk has always enjoyed the posture of the capricious billionaire, but he also just seems to like speaking transparently, online.

This past weekend, Musk was starting to crowdsource product ideas for Twitter via polls on the site. In abandoning the Twitter board, Musk is affirming his commitment to posting; no wonder he gets along with the crypto crowd.

  • Elon Musk is known for his impulsive decisions, which often start with impulsive posts on Twitter.
  • Earlier this month, Musk posted a poll on Twitter about the platform’s adherence to free speech principles, and followed it up with a disclaimer that the poll’s results would be important.
  • Musk then spent $3 billion on Twitter stock and became the company’s largest shareholder.
  • However, Twitter CEO Parag Agrawal announced Sunday evening that Musk had changed his mind about joining the company’s board.
  • It is speculated that Musk may have decided not to join the board because he was informed of his responsibilities and decided to abdicate them.
  • Musk has always enjoyed the posture of the capricious billionaire, but he also just seems to like speaking transparently, online.
  • This past weekend, Musk was starting to crowdsource product ideas for Twitter via polls on the site.
  • In abandoning the Twitter board, Musk is affirming his commitment to posting; no wonder he gets along with the crypto crowd.

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