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People keep throwing this word around... yet the board accepted the first offer from Elon with no negotiation. Nobody is suing twitter board for this. Who does
by ergocoder 4y ago
People keep throwing this word around... yet the board accepted the first offer from Elon with no negotiation. Nobody is suing twitter board for this.
Who does that? Even new grad negotiates their offer...
- pclmulqdq 4y agoPeople with no other options take their first offer. Negotiating is for people with alternatives. My guess is that they floated the price to a lot of potential acquirers during the poison pill debacle, then they got nothing higher.
- ergocoder 4y agoNew grad with no other offers still negotiate... Not even negotiating once is just very odd.
- pclmulqdq 4y agoNew grads with no offers still try, but their only alternative is "I say no and keep looking." Twitter's board's alternative is "I say no and get sued by shareholders." Negotiation only works if you can walk away, and it's not uncommon in business deals to accept the first offer if it is generous enough.