from Hacker News

I'll run Twitter for minimum wage and heath insurance

by chatterhead on 12/19/22, 6:45 AM with 2 comments

• by vba616 on 12/19/22, 6:57 AM

  Elon is paying a large amount, certainly in the billions per year, for the privilege of running Twitter. Either in interest on loans, or opportunity cost of investing the lump sum he paid elsewhere.

  In effect, his salary is negative a billion dollars a year or more.

  So, sorry, minimum wage doesn't cut it. Musk was the low bidder for the job by a huge amount. Why do you think they were so eager to give it to him?

• by pram on 12/19/22, 3:34 PM

  Ok you're hired, show up outside Market St in SF and I'll let you in.