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There is still animus between musk and certain groups of thought. Certain people always see the negative and worst case scenario. Others see opportunities with
by PM_me_your_math 4y ago
There is still animus between musk and certain groups of thought. Certain people always see the negative and worst case scenario. Others see opportunities with various levels of risk aversion.
Clearly Musk is in the latter camp.
I said earlier that twitter has been hemorrhaging money to tune of nearly 2 billion over the last 2.5 years.
While possible, its likely that Musk can't possibly do worse than the former leadership.
Obviously it is a gamble, but what isn't a gamble? And what do such men gain without nothing ventured?
- AlexandrB 4y ago> Clearly Musk is in the latter camp. Is he actually thought? If so, why did he try to maneuver out of the deal right up until it was clear he would not be able to?
- PM_me_your_math 4y agoI'd imagine Twitter withholding data would make any potential buyer have doubts. He also could have been trying for a better price, which any buyer is foolish not to at least try. Or he wanted to box them into a deal with a take-away, forcing twitter to publicly state intentions to complete the deal. All of this, (yours & mine), are still purely speculative.
- ad404b8a372f2b9 4y agoBecause the tech market crashed right after his pledge and it makes no good financial sense to go through with a deal that includes a massive loss from the outset unless you're absolutely compelled to. I don't see the causal connection people are drawing between this and his motivations and his vision for twitter, it's purely a financial logical decision to try to renegotiate or cancel the deal given the current market conditions.