3 ms·
It's only a bad deal if the stock market does not recover by the time he has to complete the transaction. At his scale, he can afford to drag out the deal for a
by melony 4y ago
It's only a bad deal if the stock market does not recover by the time he has to complete the transaction. At his scale, he can afford to drag out the deal for another few months and save money. If the tech bubble reinflates, then this deal is bad for Twitter.
- Ekaros 4y agoOnly really if Twitter would trend to go over the offered price. Which I doubt.
- melony 4y agoNot necessarily, if the market bounces back the funding becomes cheap.
- Scarbutt 4y agoA few months? with a recession coming?
- kadoban 4y agoIf that's what Musk is betting on, he might as well just complete the sale now. I don't think there's anything reasonable to judge the deal by except the _current_ worth, unless there's some good reason to expect it to move one way or the other.