In less than two months since taking over, Mr. Musk has fired more than half of Twitter’s staff, scared away many of its major advertisers, made (and unmade) a series of ill-advised changes to its verification program, angered regulators and politicians with erratic and offensive tweets, declared a short-lived war on Apple, greenlit a bizarre “Twitter Files” exposé, stopped paying rent on Twitter’s offices, and falsely accused the company’s former head of trust and safety of supporting pedophilia. His personal fortune has shrunk by billions of dollars, and he was booed at a Dave Chappelle show.
It’s not, by almost any measure, going well for him. And yet, one group is still firmly in Mr. Musk’s corner: Bosses.
In recent weeks, many tech executives, founders and investors have expressed their admiration for Mr. Musk, even as the billionaire has flailed at Twitter. …
Some of the elite cheerleading probably boils down to class solidarity, or naked financial self-interest. (Andreessen Horowitz, for example, invested $400 million in Mr. Musk’s Twitter takeover.) And some of it may reflect leftover good will from Mr. Musk’s successes at Tesla and SpaceX.
But as I’ve called around to C-suite executives and influential investors in Silicon Valley over the past few weeks, I’ve been surprised by how many are rooting for Mr. Musk — even if they won’t admit to it publicly.
(Via Instapundit)
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