EMERGENCY POD: ELON BUYING TWITTER - Our Reaction and Explanatio…
About This Episode
In this emergency episode, Sam and Shaan react to Elon Musk's hostile takeover bid for Twitter, dissecting his aggressive 'best and final' SEC filing. They debate the platform's stagnation, its potential for better monetization compared to competitors like Snapchat, and whether Musk's motivations are rooted in a personal mission for free speech or high-level trolling.
Episode Description
Links
- * Elon's letter:
- * Punk6529 Twitter:
- * Video of Elon's plan B:
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- * 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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- #209 Gary Vaynerchuk - Why NFTS Are the Future
- #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto
- #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
- #218 - Why You Should Take a Think Week Like Bill Gates
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Key Takeaways
In high-stakes negotiations, using a 'moving straight to the end' strategy with a non-negotiable offer can disrupt standard corporate stalling tactics.
Twitter remains significantly under-monetized compared to other social platforms; its lower market cap relative to Snapchat despite higher cultural influence indicates a massive failure in ad product innovation.
The 'protocol vs. platform' distinction is crucial; shifting social media to a decentralized protocol like email could solve censorship issues by allowing users to choose their own filtering algorithms.