I'll do a thread tomorrow on the X dot com/Paypal merger because I think it's really important to understand how that went down to know why Musk is STILL salty about how X died (and about Peter Thiel) now.
But in the meantime, here is a quick, but telling, story called:
That Time Elon Totalled his McLaren F1 While Trying to Show Off in Front of Peter Thiel /1 🧵 #history #technology
It's the year 2000.
X and PayPal are fighting over the pay-by-email market. Both are burning cash through user signup offers so fast that a merger becomes inevitable (I'll cover all this in tomorrow's thread).
Musk (X) is REALLY not happy about this merger. He wants to WIN the war between the companies.
Thiel (PayPal) is happy. He HAS won from his perspective. He wants a merger into a super-company as that's where he sees the profit. /2
John Bull
Dave Mc