The Twitter Acquisition
@Beisance/October 30th, 2022 9:00 am

After a lot of drama, the Twitter acquisition by Elon Musk has gone through, for circa $44 billion. Everyone I know believes this was a profoundly serious overpayment. A camp also believes that Twitter’s pre-acquisition management has delivered phenomenal value to its shareholders, while another believes they have under-delivered with respect to the growth of the platform.

We received an approach from a participating investor prior to the acquisition’s completion, to invest in the acquisition, but we did not. This was due to the whole drama around the process and our fundamental believe that the acquisition was severely mispriced. We do acknowledge that the deal was inked before the post-COVID-19 related downturn.

In the coming days, I believe that Elon and his co-investors will be looking to maximize this acquisition by changing Twitter’s operational formula. This will no doubt mean that existing prices will see increases. Other services that are currently free might also become paid services.

Twitter is one of those web services that is indispensable to us here at Beisance, especially TweetDeck. So, we will be watching developments here closely. It is our hope that those who have acquired Twitter will be able to make an even greater success of the platform, for investors and users alike.

More from Beisance
BSX V5.0
November 1st, 2022 11:00 am
V5.0 Release Summary This is a major release and represents the move to our new Unified-1-X codebase for our web assets. Some of the key highlights include: Redefined relevant...
Default Updates Posts Image
Innovation & Dynamism
November 1st, 2022 10:00 am
Innovation can be defined as the action or process of innovating. Innovating itself is simply making changes in something established, especially by introducing new methods, ideas, or...
Focus at Beisance
Pressing Pause: TGBabyZoo
March 16th, 2022 3:55 pm
Start-up projects are tough as nails to build. Given the macro-economic situation of this space, building has been especially tough in the last couple of months. TGBabyZoo has decided to pause...
TGBabyZoo Full Web Frontpage Capture 16-03-22
Olive Multi-specialist Hospitals was founded in order to pioneer advanced medical and surgical solutions in Nigeria and West Africa and to bring high quality first world specialized healthcare...
Olive Full Web Frontpage Capture 16-03-22
BSX V4.0
July 3rd, 2017 7:12 pm
V4.0 Release Summary This is the first release summary of BSX’s site update. There are a number of significant executions in this version that we hope you will like, some of the key...
Default Updates Posts Image
Beisance. It's time to build.