The “Six-Man” Faces Turning Twitter Around After Musk’s Acquisition

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Last Updated on 11/09/2022 by てんしょく飯

 

At the end of October, after completing his acquisition of Twitter, Elon Musk immediately fired four of the company’s top executives.

 

Now filling the vacancy left by those executives is a small council of “lieutenants” that Musk has appointed to carry out his vision. Members include Musk’s personal lawyer, Musk’s right-hand man, two of Musk’s investor friends, and a former executive who left Twitter several years ago.

 

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The “six men” behind the mass Twitter layoffs and the pay-for-authentication badge

 

The new regime has already begun mass layoffs, discussed content moderation plans, and directed employees to begin efforts to pay for certification badges.

It is not clear how long this council will remain in charge of Twitter’s operations, but for now they are on a mission to keep the company going and generating revenue.

Let’s take a look at the faces of the new organization.

 

1. Elon Musk

First, of course, is Elon Musk. The new owner of the company calls himself “Chief Twit,” and on October 31, a financial report from the company confirmed that he is the official CEO.

Musk is known for his micromanagement and has said in the past that he has slept over at Tesla’s factories to make sure work is on schedule. That style seems to be no different on Twitter, and according to one employee, who spoke on condition of anonymity, Musk is already managing individual projects in detail.

 

2. Jason Calacanis

Tech investor, podcast host, and longtime friend of Musk.

Text message exchanges between Calacanis and Musk were recorded in documents filed with the court over the Twitter acquisition. According to the transcript, even before the acquisition, Calacanis was pitching ideas to Musk about how he would change Twitter.

For example, he suggested requiring employees to come to work rather than remotely at least two days a week, and he also wrote that “voluntary retirement” could reduce the workforce by 20%.

Calacanis also criticized Twitter’s premium features and suggested extending the certification badge to more users, text exchanges show. He also told Musk that being Twitter’s new CEO was his “dream job.”

Calacanis is not currently CEO, but Musk has promoted him as a member of the transition team and kept him by his side.

 

3. Jared Virtual

One of Musk’s closest aides, he has been managing Musk’s personal assets since 2016. He has a background in asset management at Morgan Stanley and helped Musk raise money for the Twitter acquisition.

According to “Bloomberg,” Virtual is Musk’s fixer, helping him buy and sell houses and arrange for security.

 

4. Alex Spiro.

Spiro, an attorney at the New York law firm Quinn Emanuel, has become an increasingly significant figure for Musk over the past few years.

In 2018, Musk was sued for defamation after he insulted a diver on Twitter who helped rescue boys trapped in a cave in Thailand, but Spiro won the case for Musk in court. Spiro also led Musk’s legal team this year when Musk pulled out of the Twitter acquisition deal and was sued by the company.

Spiro is also well known as a “celebrity lawyer” who has represented famous athletes and musicians, including football player Aaron Hernandez and rapper Jay-Z.

According to four people familiar with the inner workings of Twitter who spoke on condition of anonymity, Spiro currently manages Twitter’s legal, government relations, policy, and marketing teams. He is also involved in the mass layoffs that have taken place in recent days.

 

5. David Sachs.

Former COO of PayPal, he has known Musk since the early 2000s. When PayPal was sold, they both made fortunes, and Sachs has since invested in a string of successful startups, including Airbnb, Facebook, and Uber.

Sachs is a conservative pundit and a major Republican donor.

 

6. Sriram Krishnan.

Sriram Krishnan heads the cryptocurrency investment department at Andreesen Horowitz, a prominent Silicon Valley venture capital firm. Musk raised $400 million from Andreesen Horowitz for the Twitter acquisition.

Krishnan has worked in product development at Facebook, Snapchat, and, from 2017 to 2019, Twitter.

Krishnan said on October 31 that he is “temporarily” helping Musk at Twitter. It is unclear what he is doing, but he is the only member of Musk’s team who has actually worked at Twitter.

 

 

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