“Certainly being a public company has not been the right ownership model to make the big fundamental changes which are badly needed.” “I continue to believe that a single person owning one of the most important communications protocols of the internet is a bad idea, but maybe it can be a bridge to something better,” Union Square Ventures partner Fred Wilson said in his newsletter this morning.

You also have the camp of Jack Dorsey, Twitter’s co-founder and current board member, who says that taking Twitter back from Wall Street “is the correct first step” after the social media network’s era running under an advertising model.

A host of investors seem to believe that a Musk-era will usher in a new age of free speech on Twitter. So where does all this leave us? It’s been rather intriguing to see the investment world react-with VCs offering congratulations as they often do when a peer exits a portfolio company. If you remember from yesterday’s newsletter, nearly half of that figure was put up my Musk himself-the remaining sum secured from Morgan Stanley, Bank of America, Barclays, and others. Musk’s $44 billion bid for Twitter, which was accepted unanimously by the board late yesterday afternoon, will be the third-largest technology acquisition in history (There have been a series of non-tech deals much bigger). While Musk taking Twitter private may have seemed all but inevitable after he secured the funding, I don’t know as if anyone could have predicted this would happen just a month ago.

Elon Musk by J.T. Owens