Quiet tech towns & Twitter’s Elon Musk Problem

Elon Musk
Are you doomscrolling?

Call it the perils of Troll Capital.

We’ve been trying to release this latest AMA edition for the BetaKit podcast for about a week now.

“I both love and hate this question.”

Recorded way back in the recent past when Elon Musk was only planning to join Twitter’s board, we held the episode after it was revealed late Sunday night that Musk would not join, and promptly re-recorded the intro. That intro was thrown out the window this morning when Musk filed an offer with the SEC to purchase Twitter for about $43 billion.

Opinions vary on the meaning of this: with some thinking the whole affair is “cloud cover” for the eventual sale of Musk’s Twitter shares, while others believe the circus only opens the door for other tech companies to purchase Twitter. Employees, meanwhile, feel like they’re in the middle of a hostage crisis.

So what about the pod? Well, as BetaKit associate editor Meagan Simpson states on the episode, we’re all just refreshing our feeds to see what happens next. So it goes.

Whatever happens to Twitter, let’s not let the world’s richest shitposter distract us from any of the other important listener questions answered on this episode: what did the New York Times get wrong about Toronto tech? Is the Globe and Mail anti-competition or just poorly sourced on open banking? What should the banks do with their excess profits?

Oh, and perhaps the most important question: what does it mean now that Canadian women entrepreneurs are publicly sharing personal stories of how they’re treated differently?

Let’s dig in.

The BetaKit Podcast is sponsored by Osler, Hoskin and Harcourt LLP.
Osler, the leading law firm for startups, high-growth companies, and investors in Canada, has released its inaugural study of 332 anonymized Canadian venture capital and growth equity financings. Read the Deal Points Report: Venture Capital Financings.

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The BetaKit Podcast is hosted by Douglas Soltys & Rob Kenedi. Edited by Kattie Laur. Sponsored by Osler and Cisco. Feature image courtesy Flickr.

Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.

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