2 years ago

@VideoMattPresents talks briefly about Elon Musk who Lands Deal to Take Twitter Private for $44 Billion.

@elonmusk
I hope that even my worst critics remain on Twitter, because that is what free speech means
https://twitter.com/elonmusk/status/1518623997054918657

$978M for Jack Dorsey and $39M for Parag Agrawal: Twitter Execs Could See Massive Paydays If Elon Musk Takeover Closes
https://www.hollywoodreporter.com/business/digital/jack-dorsey-parag-agrawal-pay-twitter-execs-could-see-massive-paydays-if-elon-musk-takeover-closes-1235134985/

If Elon Musk’s takeover of Twitter is able to close, top executives at the company could receive enormous compensation packages, even if they might personally prefer to be running the company themselves.

Twitter co-founder Jack Dorsey, who stepped down as CEO late last year, has long declined to take a salary from the social media platform, instead only taking a de minimis $1.40 annual paycheck. However, Dorsey owned 2.4 percent of the company, or about 18,042,428 shares, which Musk would be buying for $54.20 each.

That would set Dorsey up for a $978 million cash payout should the deal be completed.

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