61–70 of 1001 posts
Sam’s reply on twitter[0] no thank you but we will buy twitter for $9.74 billion if you want [0] https://x.com/sama/status/1889059531625464090 ?
> Swindler
In another tweet chain: https://x.com/elonmusk/status/1889063777792069911
> Scam Altman
He also has several investors backing him, including Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital and 8VC, a venture firm led by Palantir co-founder Joe Lonsdale. Ari Emanuel, CEO of Hollywood company Endeavor, is also backing the offer through his investment fund.
The financing arm of a aristocratic line running a personality cult and who have a nepo baby on the cards contemplating a little bit of jyhad as his ticket out?
....I Do sometimes wonder who comes up with these names.
Earlier quoted context omitted.
I don't like petty internet arguments, I can't help appreciate him referring to it as Twitter.
[flagged]
neither of those issues apply for companies. unless you've relentlessly refrained from calling McDonald's "mickey D's" (or any other company, any name other than their company name) specifically because you "might offend them" (they have a "preferred" name, that's why they put it everywhere), then you're not applying the rule universally. and if you worry that using "twitter" in place of "x" would somehow allow for stalking of the company that the real name would prevent, I would love to see any rational justification for that concern.
rules - of morality or otherwise - are reasonable to follow only when they have some net benefit. even by the low standards of an edgelord trying to apply rules where they would be ironic, this fails the test of even applying the rules correctly.
OpenAI is not worth more than 9.74 billion, considering their moat is steadily shrinking and their models aren't even open. Even if OpenAI produces their chips via TSMC, it means that at least AMD can do the same, if not anyone else with just 100 million to spend.
So, from what I have read about spinning a for-profit off from a non-profit, the for-profit needs to be purchased from the non-profit at market value. There have been a lot of questions about how MSFT or OpenAI's other investors would fund the purchase of the for-profit entity. I think what this does is set a floor valuation with a fully backed bid that the non-profit would get IN CASH for essentially buying the for…