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Notice of termination of Twitter merger agreement

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Re: Notice of termination of Twitter merger agreement

#411

Earlier quoted context omitted.

It's not success until the first long term mission dies a desperate unnecessary death.

Sure, let's wait until the sun expands and kills all life on earth. All because of the fear of a single accident killing a few people. Sound logic.

I am not saying that whatever attempted Mars missions should be delayed, I'm saying you should probably wait to reward the credit until it's a little closer to fruition.

Re: Notice of termination of Twitter merger agreement

#412
post #239
post #171

Most people seem to be giving him the benefit of the doubt that he has cold feet. Personally, I think this was sabotage, he had no intention of buying Twitter in the first place and this was just a ploy to fuck with Twitter.

Doesn't really add up, because he's going to be forced to go through with the deal anyway. I haven't heard a single lawyer with relevant expertise suggest otherwise. Since that's where we're going to end up, it would be much simpler for him to just cleanly buy Twitter, for whatever purpose he intends.

actually, at first he said he didn't care about the bots and was buying to FIX the bots issue: https://techcrunch.com/2022/04/14/elon-musk-buying-twitter-t...

then all of a sudden he cared, after he had signed.

Re: Notice of termination of Twitter merger agreement

#414

Elon waived his right to due diligence when he first made the offer to buy Twitter, so backing out of the deal by arguing a lack of due diligence is very funny.

Matt Levine has a take down of the supposed bot problem. Basically Elon not only waved due diligence, he signed a binding agreement to buy Twitter, and the bot talk is irrelevant. Even if there’s a problem, Musk should have addressed it before signing an agreement to buy the company. https://twitter.com/matt_levine/status/1545151445057536001?s...

Reading Matt I realized there's another layer, which is Musk has complained about the bot problem for a while - heck, one could argue that he bought Twitter not only fully knowing (according to him) it has a bot problem, but he intended to _fix_ the problem.

Re: Notice of termination of Twitter merger agreement

#417

It seems apparent to this observer that he developed cold feet pretty fast after an impetuous decision, and has been looking for any reason to back out of it since then. The spam accounts angle seems like a convenient scapegoat, rather than a real surprise to him. He's clearly eccentric in his approach to decision making: I don't think any Harvard Business School course will teach "the Musk Principles". But it's uncl…

Musk is a brown bag of shit. He sent his selfie in a tweet response to Parag’s tweet explanation. https://www.forbes.com/sites/abrambrown/2022/05/16/twitter-b...

so... its just 100% unthinkable Musk is right?

edit: dont know why this had to be flagged. I guess some people really take personal offense in that elon musk might be correct in his thoughts about twitter daily bot %

Re: Notice of termination of Twitter merger agreement

#418

Earlier quoted context omitted.

> The spam accounts angle seems like a convenient scapegoat, rather than a real surprise to him. It seems apparent to this observer that the spam accounts thing and other metrics were always super inflated and perhaps now there will be a reckoning. I also think it is very funny how there was much gnashing of teeth and literal tears at the prospect of him owning twitter but now they might end up chasing him and try to…

No kidding Twitter has spam/fake accounts, isn't that part of why Musk wanted to buy Twitter in the first place? He publicly stated that he wanted to buy Twitter to clear up the fake account issue, he knew about the issue before entering the deal, when signing he waived due diligence that could have given him the opportunity to investigate the issue before signing... Musk's own tweets will work against him if he trie…

His stated reason to buy twitter was in defense of free speech, despite the bots not because of them.

I'm guessing he saw a glimpse of just how extensive the problem really is and the unwillingness of the organization to be remotely honest about it. It would not surprise me if it was 95% bots, rather than 5%.

Re: Notice of termination of Twitter merger agreement

#419
post #185

It seems apparent to this observer that he developed cold feet pretty fast after an impetuous decision, and has been looking for any reason to back out of it since then. The spam accounts angle seems like a convenient scapegoat, rather than a real surprise to him. He's clearly eccentric in his approach to decision making: I don't think any Harvard Business School course will teach "the Musk Principles". But it's uncl…

> But it's unclear to me what he initially thought he was getting out of this. The more it goes on it feels like “I don't like how twitter works, I’ll show them! ” Later: “Oh noes if I do what I want here the result might be bad…” It just feels like a YOLO business deal that wasn’t thought out the more this goes on.

isnt it also possible he (some might say rather impulsively) decided to buy twitter, and then upon further investigating finds that his quick rationales no longer make sense if bot traffic indeed is way above 5%? that perhaps he feels that if it indeed is way above 5%, twitter is scamming?

is this just 100% unthinkable?

Re: Notice of termination of Twitter merger agreement

#420

It seems apparent to this observer that he developed cold feet pretty fast after an impetuous decision, and has been looking for any reason to back out of it since then. The spam accounts angle seems like a convenient scapegoat, rather than a real surprise to him. He's clearly eccentric in his approach to decision making: I don't think any Harvard Business School course will teach "the Musk Principles". But it's uncl…

There's another belief floated by Josh Wolfe (an investor with Lux Capital) who claimed it was a ruse to liquidate Tesla stock en masse without Tesla hodlers getting suspicious and tanking the inflated stock price. https://twitter.com/wolfejosh/status/1545387947578597376

Note that Josh has been a huge Tesla (and Musk) critic for years, starting as far back as this 2010 tweet:

https://twitter.com/wolfejosh/status/19430106783023104

He's called Tesla a "fraud" and that it would collapse many, many times while it's just kept going up and up and up over the last decade. For example:

https://twitter.com/wolfejosh/status/1178486986790854658

https://twitter.com/wolfejosh/status/1074055027021369344

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