9/20/2023 0 Comments Elon musk paypal operating systemLast I looked around, most promoters who have been happily running their ventures aground are still clinging to their jobs. Yet he did so within months of buying out the firm. Twitter is a private company fully owned by Musk which means he’s under no obligation to step down from the top job. The reaction from the corporate cognoscenti was instant. ![]() Because you show that you want to improve."Įventually he was voted out by a majority of the 17 million who took the poll, and Musk, keeping his promise to honour its results, said he would step down the moment he found a replacement. Reactions ranged from "Depends who you get to run it" to "I vote no. The biggest uproar, though, came with Musk’s poll on Twitter asking respondents whether he should continue as the microblogging platform’s CEO. Next came changes in its business structure, including a $8 per month charge for the coveted blue tick. First, he fired the entire top management of the company and laid off 50 percent of the staff. So when Musk went and bought Twitter, all hell broke loose. The problem is, mavericks also manage to rile people. Sommaiyaa, CEO of White Oak Capital Management, summed up the importance of Musk in a recent interview: "I respect all mavericks because the world can be changed by mavericks the world is never changed by people who operate within defined boundaries." ![]() PayPal, Tesla, SpaceX, The Boring Company, Neuralink and OpenAI (the company whose Chat GPT, launched last month, is already creating waves and is valued at $29 billion): he is behind all of these ventures, each of which has the potential to change the world as we know it.Īashish P. Nor is he a one-horse pony who got lucky on one punt. But most of us also have a sneaking admiration for him, not just because he’s fabulously rich and can do almost anything he wants, but also because he is the man. He’s just too successful and too smug for that.
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