Listen to the latest episode of Axios' How it Happened podcast Elon Musk vs. Twitter
If you were making a to-do list for Elon the day after he acquires Twitter, what would be on it?The first thing he needs to do is audit the platform. Elon has talked about bots over and over and over, but it's not exactly clear what that means. When you talk about bots, some people use that interchangeably with spam. Spam accounts are typically used to get people to do something they wouldn't wanna do.
Well, there are a lot of bots that are important to the platform, and so he's gonna have to figure out and define what is the type of spam accounts that he doesn't like. How many of them are actual bad bots versus good bots, and what does he wanna do about it?Once he has that audit done, he can then start to figure out who are the right people in place or that I need to put in place to take this company to the next level. It seems likely he's gonna bring in his own top leaders.
So Elon Musk might go in and find things at Twitter that are working that he wants to double down on. For example, he might take a look at Twitter's live audio feature called Twitter Spaces, a two-way conversation that can happen between many parties on the internet, and say, 'That's working and I wanna double down on it.'
Typically, when a buyer comes into a company, they do so much due diligence on it. They do so much research on it that they have a good idea of what needs to get done next. Elon Musk waived his rights to due diligence in April.
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