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> how anyone can argue that Twitter don't have the responsibility to demonstrate the accuracy of their estimation of market value The problem is that the perso
by zimpenfish 4y ago
> how anyone can argue that Twitter don't have the responsibility to demonstrate the accuracy of their estimation of market value
The problem is that the person who made the unprompted offer of $54.20 per share - thus estimating the market value at $44bn - spent weeks going on about how they thought Twitter's bot estimates were too low and that they were buying Twitter to fix this bot problem.
To then turn around and go "wah wah too many bots" is somewhat disingenuous, no?
(Also, Twitter have been using the same methods of bot estimation since 2013, afaik, and have submitted these numbers to the SEC every year. If they were plausibly wrong, someone would have flagged it before now, right? Because that would be submitting false data to the SEC and, I believe, they consider that A Bad Thing.)