Like I don’t get it, he owns 9% of the shares, doesn’t he still need like 42% of other shareholders to vote in in as CEO? So isn’t he still subject to the will of the other shareholders? 🤔
(Disclaimer: I have no idea how this works, which is why I’m asking)
Twitter still has shares, they just aren’t publicly traded
Your right. I thought the shares had be dissolved but they have not it’s just a privately traded company now.
It’s possible the shares were dissolved and some wholly new arrangement was made as a newly private company.