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re: Twitter is pursuing legal action to enforce Elon’s merger agreement. LOL
Posted on 7/8/22 at 10:33 pm to cwill
Posted on 7/8/22 at 10:33 pm to cwill
1. If they take him to court they will lose on discovery as they would then be sued for so many bots and false data to adverisers. Would expose them to tons of liability (and likely show some leftists in Gov positions fund or dictate some twitter conservative bans).
2. If they don’t take him to court then it solidifies their crooked bots theory as any clean company would sue. Stock goes down, and they still might get sued by shareholders.
My guess is they negotiate a much reduced valuation and then he buys it. For Twitter to survive long term they have to make this deal happen. Else adverisers will possibly lose trust or even sue them.
If it does not go thru then other platforms will shoot up. Imagine if Elon put $44b in Gab. It would pass Twit in no time.
2. If they don’t take him to court then it solidifies their crooked bots theory as any clean company would sue. Stock goes down, and they still might get sued by shareholders.
My guess is they negotiate a much reduced valuation and then he buys it. For Twitter to survive long term they have to make this deal happen. Else adverisers will possibly lose trust or even sue them.
If it does not go thru then other platforms will shoot up. Imagine if Elon put $44b in Gab. It would pass Twit in no time.
Posted on 7/8/22 at 10:41 pm to OU Guy
quote:
1. If they take him to court they will lose on discovery as they would then be sued for so many bots and false data to adverisers. Would expose them to tons of liability (and likely show some leftists in Gov positions fund or dictate some twitter conservative bans).
2. If they don’t take him to court then it solidifies their crooked bots theory as any clean company would sue. Stock goes down, and they still might get sued by shareholders.
The typical “wait for discovery bro!” type post.
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