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re: What happened to Elon's thermonuclear lawsuit against media madders

Posted on 11/20/23 at 3:15 pm to
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 3:15 pm to
And you're wrong about everything you've directed towards me. And that's ok. I expect it.
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 11/20/23 at 3:17 pm to
quote:

And you're wrong about everything you've directed towards me.


Every single one of your posts is “nuh uh”. Very compelling.
This post was edited on 11/20/23 at 3:19 pm
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 3:19 pm to
quote:

You’re really good at arguing completely irrelevant issues and ignore the overall point. We all know why.

The guy mentioned competitors to Twitter. I give him stats on competitors to Twitter and you bring up one of the most uncompetitive entities on the market as a defense. But I'm the moron.
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 11/20/23 at 3:22 pm to
You think Facebook is twitters competitor?

quote:

one of the most uncompetitive entities


It’s nowhere near X, but its estimated value is over $500MM. Not bad for a company that isn’t very old, don’t you think?
This post was edited on 11/20/23 at 3:24 pm
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/20/23 at 3:31 pm to
quote:

If i paid over sticker price for my Porsche because I really really wanted it, who the frick cares what a fake lawyer on the internet thinks about the value of my purchase.


That's different from the point being made. Also, when you overpay, you're above market with the clear implication that it could have been had for less.

quote:

He is the wealthiest man alive and you are so fricking arrogant that you mock his acumen with money. It is amazing to watch.


It's not arrogance to objectively look at a business deal and note that he signed a bad contract that had him locked in (correct). And that he overpaid (correct). Clearly, you think if someone has more money than you, they are above reproach...what a bitch arse attitude.

quote:

There is only one entity that will ever care about the value of Twitter again. I’ve told you what that entity is, but you call it irrelevant.


You're brain's boundary is the niche of law you supposedly practice. There are a lot of people and entities that care about the value of Twitter - the employees, the banks (lenders), bond holders, his fellow equity holders. Your lack of actual business experience always shines through. It's not amazing to watch - it's known and expected. If you ever had an honest post, that would be amazing.
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 3:34 pm to
quote:

It’s nowhere near X, but its estimated value is over $500MM. Not bad for a company that isn’t very old, don’t you think?


Jesus.

Moving on.
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 3:36 pm to
quote:

It's not arrogance to objectively look at a business deal and note that he signed a bad contract that had him locked in (correct). And that he overpaid (correct). Clearly, you think if someone has more money than you, they are above reproach...what a bitch arse attitude.

Especially considering he admitted to making a bad deal and actively attempted to get out of it.
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 11/20/23 at 3:42 pm to
quote:

Your lack of actual business experience always shines through. It's not amazing to watch - it's known and expected. If you ever had an honest post, that would be amazing.


Of the two of us, one has started a company from scratch and sold it. Your consistent incorrect assumptions make me laugh.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/20/23 at 3:46 pm to
quote:

Of the two of us, one has started a company from scratch and sold it.


Tell us about the business.
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 11/20/23 at 3:50 pm to
quote:

Tell us about the business.


Commercial janitorial. Was a fantastic venture. I highly recommend. Profitable in month one. Staffing was the only headache. Tons of turnover.

Have a much more fun project I just started, but this convo feels a little doxxy, so I’ll wait before filling you in on that one.
This post was edited on 11/20/23 at 3:53 pm
Posted by shel311
McKinney, Texas
Member since Aug 2004
112886 posts
Posted on 11/20/23 at 3:51 pm to
quote:

Elon means what he says most of the time
In fairness, he has threatened a lot of lawsuits and not gone through with them.

Hopefully he does on this one.
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 3:52 pm to
quote:

Tell us about the business.

Trump secured $1 billion in private funding for Truth Social, and the guy believes the company being worth half that amount now is "not bad."

I would not be surprised if he sold his company for a lost and then went out to drink in celebration.
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 11/20/23 at 3:53 pm to
quote:

Trump secured $1 billion in private funding for Truth Social, and the guy believes the company being worth half that amount now is "not bad."


How long did it take the companies on your list of “Twitter competitors” to make a profit?
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 11/20/23 at 3:55 pm to
quote:

I would not be surprised if he sold his company for a lost


I think you meant “loss”, and how could a company started from scratch be sold for a loss?. I had zero investors. Just started the company. Literally almost zero overhead. Only incurred expenses when clients were secured. You should try starting your own company one day. Much more fulfilling than making fun of the wealthiest man on earth for his financial acumen.
This post was edited on 11/20/23 at 3:56 pm
Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 3:56 pm to
quote:

How long did it take the companies on your list of “Twitter competitors” to make a profit?

I don't know. I never fellated them on the way up.

quote:

and how could a company started from scratch be sold for a loss?

genius
This post was edited on 11/20/23 at 3:58 pm
Posted by BBONDS25
Member since Mar 2008
59466 posts
Posted on 11/20/23 at 3:57 pm to
quote:

I don't know. I never fellated them on the way up.


that’s what I thought.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/20/23 at 4:15 pm to
quote:

Commercial janitorial. Was a fantastic venture. I highly recommend. Profitable in month one. Staffing was the only headache. Tons of turnover.


Hey congrats on starting a janitor business, but dude, c'mon.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/20/23 at 4:21 pm to
quote:

how could a company started from scratch be sold for a loss?.


Are you serious?
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/20/23 at 4:39 pm to
quote:

quote:
one of the most uncompetitive entities


It’s nowhere near X, but its estimated value is over $500MM. Not bad for a company that isn’t very old, don’t you think?



The merger with the SPAC hasn't closed and was extended another year in September. DWAC sounds like a clown show.

But, specifically, all we have on the value of Truth Social:

quote:

$5 to $25 million. That is the estimated value of TMTG, according to financial disclosures made by Trump to the Federal Election Commission earlier this year. That is a pretty dramatic decline from the $875 million valuation for the social media company when the SPAC merger with DWAC was first announced.


LINK
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138936 posts
Posted on 11/20/23 at 4:59 pm to
quote:

Filing it anywhere else would be pointless.

What am I missing legally, Wednesday?

Media Matters basically conjured a thread using multiple gaslight accounts.

MM employees in fake accounts used neutral or left leaning text-based posts which were bot recognized as ad acceptable. They used only jpeg's, no text, to convey the pro-Hitler, antisemitic content ... i.e., much more difficult in terms of bot recognition.

Once the ads populated, Media Matters edited and/or deleted (curated) non-Nazi content, took screen grabs of IBM Ads in a "Hitler Thread," and wrote articles berating IBM for buying the X ad space.

The kicker?
In several instances the sole viewer of the ad juxtaposition was the Media Matters hitpiece author. Not a single other human saw it.

It sounds like MM then pressured, extorted IBM to abandon X-ads. It did the same with several other companies. At the same time, MM aggressively pressured media-houses to cover the story. So when Musk justifiably called out the ADL as anti-white and racist, IBM finally caved. The dam broke. US media lurched into the story, and the other X-sponsoring companies withdrew in kind.

That is targeted corporate sabotage on a whole new paradigm from the DVS v Fox accusations.
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