Elon Musk’s non-public texts have been included in new courtroom filings on Thursday as a part of the lawsuit introduced by Twitter to make the billionaire purchase the social media firm. And no matter you consider Musk’s bizarre try and again out of the deal to purchase Twitter for $44 billion, the texts present a captivating behind-the-scenes glimpse at twenty first century dealmaking within the tech sector.
The texts, which have been first published on-line by New York Times reporter Kate Conger, embrace exchanges Musk had with podcaster Joe Rogan, Twitter cofounder Jack Dorsey, tech investor Jason Calacanis, and Oracle founder Larry Ellison, amongst loads of others.
Some of the texts are simply pleasant jokes, like when funding banker Michael Grimes texted Musk a YouTube hyperlink to the Lynyrd Skynrd tune “Free Bird.” But different texts may have severe penalties for Musk’s case, like when Elon texts his brother on April 9, 2022 about an thought to create a brand new social media app on a blockchain after already agreeing to affix the Twitter board. Just two days later, it turned public that Elon didn’t need to be on the board anymore.
If nothing else, it’s fascinating to see Musk ask fellow billionaire Larry Ellison if he’s thinking about serving to take Twitter non-public, with Ellison providing up $1 billion prefer it’s the spare change he’d discover in his cushions to make a run for some snacks at 7-11. Musk replies that Ellison ought to make investments $2 billion.
We’ve chosen among the most fascinating texts included within the courtroom submitting beneath, however if you wish to learn all of them they’re out there here. While there are many blacked out redactions for stuff you’d count on, like addresses and different figuring out data, there are some curious redactions of total names the place it’s not clear who’s speaking with Musk.
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We’ve executed our greatest to compile the textual content conversations to ensure they’re straightforward to learn however there are occasions when Musk is texting with two individuals on the identical time. An occasion the place that may matter is the textual content exchanges between Elon and his brother Kimbal in addition to Elon and Twitter CEO Parag Agrawal on April 9, 2022. Elon was each texting his brother about beginning a brand new social media firm whereas additionally texting with Agrawal about not eager to serve on the board anymore.
Gizmodo has additionally embedded screenshots of tweets that solely seem as URLs within the courtroom filings.
March 5, 2022
Elon Musk:
EU handed a legislation banning Russia Today and a number of other different Russian information sources. We have been informed to dam their IP deal with.
Actually, I discover their information fairly entertaining
Lot of bullshit, however some good factors too
Antonio Gracias, Director of Tesla (2007-2021):
This is fucking nuts…you’re completely proper. 100% agree with you.
We ought to permit it exactly be we hate it…that’s the ping of the American structure.
Elon Musk:
Exactly
Free speech issues most when it’s somebody you hate spouting what you assume is bullshit.
Antonio Gracias:
I’m 100% with you Elon. To the fucking mattresses irrespective of what….this can be a precept we have to fucking defend with our lives or we’re misplaced to the darkness.
Sorry for the swearing. I get excited.
Elon Musk:
Loved “I am 100% with you Elon. To the fucking mattresses no matter what this is a principle we need to fucking defend with our lives or we are lost to the darkness.”
March 24, 2022
TJ [affiliation unclear]:
Can you purchase Twitter after which delete it, please!? xx
America goes INSANE.
The Babylon Bee obtained suspension is loopy. Raiyah and I have been speaking about it at this time. It was a fucking joke. Why has everybody turn out to be so puritanical?
Or can you purchase Twitter and make it radically free-speech?
So a lot stupidity comes from Twitter xx
Elon Musk:
Maybe purchase it and alter it to correctly assist free speech xx
March 26, 2022
Jack Dorsey, cofounder of Twitter:
Yes, a brand new platform is required. It can’t be an organization. This is why I left.
Elon Musk:
Ok
What ought to it appear to be?
Jack Dorsey:
I consider it have to be an open supply protocol, funded by a basis of kinds that doesn’t personal the protocol, solely advances it. A bit like what Signal has executed. It can’t have an promoting mannequin. Otherwise you’ve gotten floor space that governments and advertisers will attempt to affect and management. If it has a centralized entity behind it, it is going to be attacked. This isn’t difficult work, it simply needs to be executed proper so it’s resilient to what has occurred to twitter.
Elon Musk:
Super fascinating thought
Jack Dorsey:
I’m off the twitter board mid May after which utterly out of firm. I intend to do that work and repair our errors. Twitter began as a protocol. It ought to have by no means been an organization. That was the unique sin.
Elon Musk:
I’d like to assist if I’m able to
Jack Dorsey:
I needed to speak with you about it after I used to be all clear, since you care a lot, get it’s significance, and will def assist in immeasurable methods. Back once we had the activist are available in, I attempted my hardest to get you on our board, and our board mentioned no. That’s concerning the time I made a decision I wanted to work to depart, as exhausting because it was for me.
Elon Musk:
Loved “I wanted to talk with you about it after I was all clear, because you care so much, get it’s importance, and could def help in immeasurable ways. Back when we had the activist come in, I tried my hardest to get you on our board, and our board said no. That’s about the time I decided I needed to work to leave, as hard as it was for me.”
Do you’ve gotten a second to speak?
Jack Dorsey:
Bout to move out to dinner however can for a minute
[roughly 13 minutes later]
Jack Dorsey:
I believe the primary cause is the board is simply tremendous danger averse and noticed including you as extra danger, which I believed was utterly silly and backwards, however I solely had one vote, and three% of firm, and no twin class shares. Hard arrange. We can focus on extra.
Elon Musk:
Let’s positively focus on extra
I believe its value each attempting to maneuver Twitter in a greater route and doing one thing new that’s decentralized
Jack Dorsey:
It’s seemingly the most suitable choice. I simply have doubts. But open
Elon Musk:
Liked “It’s likely the best option. I just have doubts. But open”
March 30, 2022
Mathias Döpfner, CEO of Axel Springer media group, which owns Politico and Protocol:
Why don’t you purchase Twitter? We run it for you. And set up a real platform of free speech. Would be an actual contribution to democracy.
Elon Musk:
Interesting thought
Mathias Döpfner:
I’m severe. It’s doable. Will be enjoyable.
April 4, 2022
Joe Lonsdale, cofounder of Palantir:
Excited to see the stake in Twitter – superior. “Back door man” they’re saying ha ha. Hope you’re in a position to affect it. I wager you the board doesn’t even get full reporting or see any report of the censorship selections and little cabals happening there however they need to – the lefties on the board seemingly need believable deniability!
Elon Musk:
Liked “Excited to see the stake in Twitter – awesome. ‘Back door man’ they are saying ha ha. Hope you’re able to influence it. I bet you the board doesn’t even get full reporting or see any report of the censorship decisions and little cabals going on there but they should – the lefties on the board likely want plausible deniability!”
April 4, 2022
[Name full redacted]
Congratulations!! The above article was laying out among the issues that may occur: Step 1: Blame the platform for its customers Step 2. Coordinated stress marketing campaign Step 3: Exodus of the Bluechecks Step 4: Deplatforming “But it will not be easy. It will be a war. Let the battle begin.”
It can be a fragile sport of letting rightwingers again on Twitter and the right way to navigate that (particularly the boss himself, if you happen to’re up forthat) I’d additionally lay out the requirements early however have somebody who has a savvy cultural/political view to be the VP of precise enforcement
A Blake Masters kind
April 4, 2022
Joe Rogan, podcaster:
Are you going to liberate Twitter from the censorship glad mob?
Elon Musk:
I’ll present recommendation, which they could or might not select to observe
April 5, 2022
Parag Agrawal, CEO of Twitter:
I’m excited to share that we’re appointing @elonmuskto our board! Through conversations with Elon in latest weeks, it turned clear to me that he would carry nice worth to our Board. Why? Above all else, he’s each a passionate believer and intense critic of the service which is strictly what we want on Twitter, and within the Boardroom, to make us stronger within the long-term. Welcome Elon!
Elon Musk:
Sounds good
Sending out shortly?
Parag Agrawal:
Elon Musk:
Cool
Parag Agrawal:
Super excited!
April 5, 2022
Jack Dorsey:
Thank you for becoming a member of!
Elon Musk:
Absolutely. Hope I might be useful
Jack Dorsey:
Immensely. Parag is an unbelievable engineer. The board is horrible. Always right here to speak by something you need.
Elon Musk:
When is an effective time to speak confidentially?
Jack Dorsey:
anytime
[roughly 1.5 hours pass]
Elon Musk:
Thanks, nice dialog!
Jack Dorsey:
Always! I couldn’t be happier you’re doing this. I’ve needed it for a very long time. Got very emotional once I realized it was lastly attainable.
Elon Musk:
Loved “Always! I couldn’t be happier you’re doing this. I’ve wanted it for a long time. Got very emotional when I learned it was finally possible.”
Please be tremendous vocal if there’s something dumb I’m doing or not doing. That could be vastly appreciated.
Jack Dorsey:
I belief you however def will do
April 9, 2022
Elon Musk:
I’ve an thought for a blockchain social media system that does each funds and quick textual content messages/hyperlinks like twitter. You need to pay a tiny quantity to register your message on the chain, which can lower out the overwhelming majority of spam and bots. There isn’t any throat to choke, so free speech is assured.
The second piece of the puzzle is a large real-time database that retains a replica of all blockchain messages in reminiscence, in addition to all message despatched to or obtained by you, your followers and people you observe.
Third piece is a twitter-like app in your cellphone that accessed the database within the cloud.
This might be large
Kimbal Musk, Elon’s brother:
I’d like to be taught extra. I’ve dug deep on Web3 (not crytpo as a lot) and the voting powers are wonderful and verified. Lots you might do right here for this as properly
Elon Musk:
I believe a brand new social media firm is required that’s primarily based on a blockchain and contains funds
Kimbal Musk:
Would have them pay w a token related w the service? You’d have to carry the token in your pockets to submit. Doesn’t need to costly it should develop additional time in worth
If you probably did use your individual token, you wouldn’t wants promoting it’s a pay to be used service however at a really low worth
With scale it is going to be an enormous enterprise purely for the good thing about the customers. I hate ads
Elon Musk:
Liked “With scale it will be a huge business purely for the benefit of the users. I hate advertisement”
Kimbal Musk:
There are some good advertisements on the market. The voting element of customers (solely vote if you wish to) might vote on advertisements that add worth. The advertisers must stake a a lot bigger quantity of tokens, however aside from there isn’t any cost for the advertisements. It will carry out the creatives and the advertisements can politically incorrect/artwork/activision/philanthropy
Voting rights might additionally crowdsource kicking scammers out. It drives me loopy once I see individuals selling the rip-off that you simply’re giving freely Bitcoin. Lots of unhealthy individuals on the market
April 9, 2022
Prag Agrawal, Twitter CEO:
You are free to tweet “is Twitter dying?” or anything a bout Twitter – nevertheless it’s my duty to inform you that it’s not serving to me make Twitter higher within the present context. Next time we communicate, I’d wish to you present you perspective on the extent of inside distraction proper now and the way it hurting our capability to do work. I hope the AMA will assist individuals get to know you, to grasp why you consider in Twitter, and to belief you – and I’d like the corporate to get to a spot the place we’re extra resilient and don’t get distracted, however we aren’t there proper now.
Elon Musk:
What did you get executed this week?
I’m not becoming a member of the board. This is a waste of time.
Will make a proposal to take Twitter non-public.
Prag Agrawal
Can we discuss?
April 9, 2022
Bret Taylor, co-CEO of Salesforce and chair of Twitter’s board of administrators:
Parag simply referred to as me and talked about your textual content dialog. Can you discuss?
Elon Musk:
Please count on a take non-public provide
Bret Taylor:
I noticed the textual content thread. Do you’ve gotten 5 minutes so I can perceive the context? I don’t presently
Elon Musk:
Fixing twitter by chatting with Parag gained’t work
Drastic motion is required
This is tough to do as a public firm, as purging pretend customers will make the numbers look horrible, so restructuring ought to be executed as a non-public firm.
This is Jack’s opinion too.
Bret Taylor:
Can you are taking 10 minutes to speak this by with me? It has been about 24 hours because you joined the board. I get your level, however simply need to perceive concerning the sudden pivot and ensure I deeply perceive your viewpoint and the trail ahead
Elon Musk:
I’m about to take off, however can discuss tomorrow
Bret Taylor:
Thank you
April 14, 2022
Jason Calacanis, tech investor and podcaster:
You ought to increase your provide
$54.21
The excellent counter
You might simply clear up bots and spam and make the service viable for a lot of extra customers —Removing bots and spam is lots simpler than what the Tesla self driving workforce is doing (primarily based on listening to the final edge case assembly)
And why ought to blue test marks be restricted to the elite, press and celebrities? How is that democratic?
The Kingdom would really like a phrase…
Back of the envelope… Twitter income per worker: $5B rev / 8k workers = $625K rev per worker in 2021 Google income per worker: $257B rev / 135K worker = $1.9M per worker in 2021 Apple income per worker: $3658 rev/ 154k workers = $2.37M per worker in fiscal 2021
Twitter income per worker if 3 okay as a substitute of 8k: $58 rev / 3k workers = $1.66m rev per worker in 2021 (extra trade normal)
Elon Musk:
Emphasized “Back of the envelope… Twitter revenue per employee: $5B rev / 8k employees = $625K rev per employee in 2021 Google revenue per employee: $2578 rev / 135K employee = $1.9M per employee in 2021 Apple revenue per employee: $365B rev/ 154k employees – $2.37M per employee in fiscal 2021″
Insane potential for improvement
Jason Calacanis:
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Day zero
Sharpen your blades boys
2 day a week Office requirement –20% voluntary departures
I mean, the product road map is beyond obviously
Premium feature abound- and twitter blue has exactly zero
What committee came up with the list of dog shit features in Blue?!? It’s worth paying to turn it off!
Elon Musk:
Yeah, what an insane piece of shit!
Jason Calacanis:
Maybe we don’t talk twitter on twitter DM [laughing emoji]
Elon Musk:
Was just thinking that haha
Nothing said there so far is anything different from what I said publicly.
Btw, Parag is still on a ten day vacation in Hawaii
Jason Calacanis:
No reason to cut it short… in your first tour as ceo
(!!!)
Shouldn’t he be in a war room right now?!?
Elon Musk:
Does doing occasional zoom calls while drinking fruity cocktails at the Four Seasons count?
Jason Calacanis:
[thinking emoji]
April 16, 2022
Joe Lonsdale:
Haha even Governor DeSantis just called me now with ideas how to help you and outraged at that board and saying the public is rooting for you. Let me know if you or somebody on your side wants to chat w him. Would be fun to see you if you guys are around this weekend or the next few days.
Elon Musk:
Haha cool
April 20, 2022
Elon Musk:
Any interest in participating in the Twitter deal?
Larry Ellison, founder of Oracle:
Yes…of course [thumbs up emoji]
Elon Musk:
Roughly what dollar size? Not holding you to anything, but the deal is oversubscribed, so I have to reduce or kick out some participants.
Larry Ellison:
A billion…or whatever you recommend
Elon Musk:
Whatever works for you. I’d recommend maybe $2B or more. This has very high potential and I’d rather have you than anyone else
Larry Ellison:
I agree that it has huge potential… and it would be lots of fun
Elon Musk:
Absolutely 🙂
April 23, 2022
Joe Rogan:
I REALLY hope you get Twitter. If you do, we should throw a hell of a party.
Elon Musk:
[100 emoji]
April 23, 2022
Jason Calacanis, tech investor and podcaster:
It feels like everyone wants the same exact thing, and they will be patient and understanding of any changes… Twitter Stans area reasonable, good faith bunch
These dipshits spent a years on twitter blue to give people exactly— Nothing they want!
Splitting revenue with video creators tike YouTube could be huge unlock
We could literally give video creators 100% of their ad revenue up to $lm then do split
Elon Musk:
Absolutely
Jason Calacanis:
5 Teams: 5 Northstar metrics 1. Legacy Opps: uptime, speed 2. Membership team: remove bots while getting users to pay for “Real Name Memberships” $5 a month $50 a 12 months. Includes 24 hours response to customer support 3. Payments: % of customers which have linked a checking account/made a deposit 4. Creator Team:get creators to publish to twitter first (musicians, YouTubers, tiktokers, and so on) by giving them the very best % cut up within the trade (and promotion) 5. Transparency Team: make the Algorithm & Moderation comprehensible and honest
I think those are the 5 critical pieces… everyone agrees to “year one” sprint, including coming back to offices within the first 60 days (unless given special dispensation for extraordinary contribution)
Hard Reboot the organization
Feels like no one is setting priorities ruthlessly… 12,000 working on whatever they want? No projects being cancelled?!
Move HQ to Austin, rent gigafactory excess space
Elon Musk:
Want to be a strategic advisor if this works out?
Jason Calacanis:
100%
Board member, advisor, whatever… you have my sword
Elon Musk:
Loved “Board member, advisor, whatever… you have my sword”
Jason Calacanis:
If 2, 3 or 4 unlock they are each 250b+ markets
Payments is $250-500b, YouTube/creators is $250b+
Membership no one has tried really…. So hard to estimate. 1-5m paid members maybe @ $50-100 a year? 250k corporate memberships @ 10k a year?
Elon Musk:
You are a mind reader
Jason Calacanis:
Put me in the game coach!
[laughing emoji]
Twitter CEO is my dream job
#Elon #Musks #Private #Texts #Joe #Rogan #Jack #Dorsey
https://gizmodo.com/elon-musk-texts-joe-rogan-larry-elllison-dorsey-twitter-1849600155
