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Twitter board unanimously recommends Musk's takeover bid...Has Elon Bit off too much?
Posted on 6/21/22 at 9:29 am
Posted on 6/21/22 at 9:29 am
SIAP
Fox Buisness Link
He's on the hook for 44 Billion on a company that has a market cap of 29B
It's going to be interesting to see if he can prove that the fake/spam accounts are more that the 5% that he's been told.
Fox Buisness Link
He's on the hook for 44 Billion on a company that has a market cap of 29B
It's going to be interesting to see if he can prove that the fake/spam accounts are more that the 5% that he's been told.
This post was edited on 6/21/22 at 9:30 am
22
Posted on 6/21/22 at 9:30 am to CU_Tigers4life
quote:
It's going to be interesting to see if he can prove that the fake/spam accounts are more that the 5% that he's been told.
Anyone with a half functioning brain can tell that Twitter is more than 5% bots
Especially when you cut out all of the inactive accounts and simply focus on active accounts that interact with other tweets via retweet/like/emoji comments
This post was edited on 6/21/22 at 9:31 am
Posted on 6/21/22 at 9:31 am to CU_Tigers4life
Lol twitter is broke 
Posted on 6/21/22 at 9:32 am to CU_Tigers4life
Musk paid at the top of the market for Twitter and financed it in part with Tesla shares which have taken a beating as well.
Posted on 6/21/22 at 9:33 am to CU_Tigers4life
If he doesn’t care I don’t. What is 10B on 250B. An extremely small percentage. And he’s just going to continue to get more rich
This post was edited on 6/21/22 at 9:36 am
Posted on 6/21/22 at 9:33 am to 14&Counting
Twitter wasn’t close to the top
Posted on 6/21/22 at 9:34 am to CU_Tigers4life
quote:
He's on the hook for 44 Billion on a company that has a market cap of 29B
He's not on the hook. Twitter has refused to give data on it's fake users.
quote:
It's going to be interesting to see if he can prove that the fake/spam accounts are more that the 5% that he's been told.
The duty is on Twitter to report this to him. If they lie, that's MAJOR, MAJOR fraud.
Posted on 6/21/22 at 9:35 am to 14&Counting
quote:
Musk paid at the top of the market for Twitter and financed it in part with Tesla shares which have taken a beating as well.
Musk is clearly an idiot who has no idea how finances work. That's why he's the richest man in the world.
You're one of those cucks drooling over Desantis' dick, right?
Posted on 6/21/22 at 9:37 am to moneyg
Elon when he did his crazy high bid waived due diligence.
So yes, he may back out, but he can be sued by Twitter for breach of contract.
So yes, he may back out, but he can be sued by Twitter for breach of contract.
Posted on 6/21/22 at 9:39 am to Tigers0918
quote:
Elon when he did his crazy high bid waived due diligence.
So yes, he may back out, but he can be sued by Twitter for breach of contract.
I think there is a 1 Billion Dollar termination fee...
If that's accurate he would eat a billion before losing tens of billions
Posted on 6/21/22 at 9:39 am to 14&Counting
quote:
Musk paid at the top of the market for Twitter and financed it in part with Tesla shares which have taken a beating as well.
You sure about that?
Posted on 6/21/22 at 9:43 am to CU_Tigers4life
quote:
He's on the hook for 44 Billion on a company that has a market cap of 29B
Do you not understand how actual business works?
He has every angle to bail from this deal if the board and top brass was less than forthcoming with their data (which they were)
Posted on 6/21/22 at 9:48 am to CU_Tigers4life
Twitter has not shown actual growth in years despite it having all the potential to do so.
Slashing costs which don’t bring in revenue along with new business practices theoretically could make this work.
Hell, keep people who make the guts of the app work and toss a bunch of the self-important “thought leaders” who are limiting potential for political reasons.
Slashing costs which don’t bring in revenue along with new business practices theoretically could make this work.
Hell, keep people who make the guts of the app work and toss a bunch of the self-important “thought leaders” who are limiting potential for political reasons.
Posted on 6/21/22 at 9:48 am to Tigers0918
quote:
Elon when he did his crazy high bid waived due diligence.
Posted on 6/21/22 at 9:52 am to teke184
quote:
Twitter has not shown actual growth in years despite it having all the potential to do so.
Mostly this says to me that Twitter is being very carefully managed.
Unfortunately for them, it left them open to a guy with the funds and the know how to force a sale.
Posted on 6/21/22 at 9:52 am to Tigers0918
quote:
Elon when he did his crazy high bid waived due diligence.
Is there a link to this? People refuse to waive diligence in $1m transactions much less $44b. It would be almost completely unheard of.
Posted on 6/21/22 at 9:53 am to CU_Tigers4life
quote:
It's going to be interesting to see if he can prove that the fake/spam accounts are more that the 5% that he's been told.
I think he sees the potential Twitter has if it stops censoring speech.
Posted on 6/21/22 at 9:54 am to CU_Tigers4life
quote:
It's going to be interesting to see if he can prove that the fake/spam accounts are more that the 5% that he's been told.
Once the sale goes through he has no vested interest in making this information public. Maybe he purges them. Maybe he doesn't.
Posted on 6/21/22 at 10:00 am to CU_Tigers4life
He’s already proven that.
Posted on 6/21/22 at 10:01 am to CU_Tigers4life
Every time I'm on Twitter I block at least a dozen bots and maybe 5 or so real people.
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