Public companies shouldn’t do this

Here’s a piece on Twitter’s CEO saying things that are obviously untrue – to Congress. At the moment its PE is 23x. We’ve been down this road before, watching some of the FANG CEOs say the most ridiculous things – untruths that even General Motors couldn’t get away with, back in the day. Hey, SEC, wake up: you’ve got a job to do.

2 Responses to “Public companies shouldn’t do this”

  1. feeblemind Says:

    Well . . . what if the SEC agrees with him? What then?

    I imagine they don’t want to be caught on the wrong side of The Narrative.

  2. Andy Says:

    The aforementioned are “too big to jail”.

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