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> Remember, he didn't want to buy Twitter. He pitched it in the first place purely in an attempt to get leverage over the board. He didn't really want to own it

> Remember, he didn't want to buy Twitter. He pitched it in the first place purely in an attempt to get leverage over the board. He didn't really want to own it. He didn't just "pitch" it, he made a buyout offer with all the attendant SEC filings. Not the sort of thing you can accidentally do with a slip of the tongue!

rurp 4y ago
Given everything he has said and done about Twitter, I think it's pretty clear he has no idea how contracts work and is very bitter about ever having to follow them.
- QuarterReptile 4y ago
  >I think it's pretty clear he has no idea how contracts work Is this really a good assumption for a guy who has started so many successful companies?
  - officeplant 4y ago
    >started so many successful companies The only companies he actually founded was SpaceX, and Boring if that even counts.
  - SketchySeaBeast 4y ago
    Given how hard he fought against buying it even after he signed the paperwork to buy it I think we're forced to say "Yes".
  - rurp 4y ago
    He's hardly the first person to get rich flouting the law. Plus it's not at all clear how much credit he should get for the companies he invested in, aside from being a good fundraiser and hype man. There are plenty of stories about employees having to manage him to avoid him stepping on critical work.
  - mikestew 4y ago
    What is your alternative explanation for how it turned out? "Didn't understand what he signed up for" is the only explanation that makes sense to me, given my second choice is "he's a fucking idiot that fell into money". Though I don't think Musk is nearly as smart as he (or a lot of his fans) thinks he is, he's no idiot, so... And you don't have to understand contract law to start a company (or in the majority of Musk's cases, invest in an existing company), that's what lawyers are for.
sangnoir 4y ago
> Not the sort of thing you can accidentally do with a slip of the tongue! If your name is Elon Musk, you may convince yourself you can walk away unscathed, or with only a slap on the wrist (see the many SEC encounters).

rurp 4y ago

Given everything he has said and done about Twitter, I think it's pretty clear he has no idea how contracts work and is very bitter about ever having to follow them.

QuarterReptile 4y ago
>I think it's pretty clear he has no idea how contracts work Is this really a good assumption for a guy who has started so many successful companies?
- officeplant 4y ago
  >started so many successful companies The only companies he actually founded was SpaceX, and Boring if that even counts.
- SketchySeaBeast 4y ago
  Given how hard he fought against buying it even after he signed the paperwork to buy it I think we're forced to say "Yes".
- rurp 4y ago
  He's hardly the first person to get rich flouting the law. Plus it's not at all clear how much credit he should get for the companies he invested in, aside from being a good fundraiser and hype man. There are plenty of stories about employees having to manage him to avoid him stepping on critical work.
- mikestew 4y ago
  What is your alternative explanation for how it turned out? "Didn't understand what he signed up for" is the only explanation that makes sense to me, given my second choice is "he's a fucking idiot that fell into money". Though I don't think Musk is nearly as smart as he (or a lot of his fans) thinks he is, he's no idiot, so... And you don't have to understand contract law to start a company (or in the majority of Musk's cases, invest in an existing company), that's what lawyers are for.

sangnoir 4y ago

> Not the sort of thing you can accidentally do with a slip of the tongue! If your name is Elon Musk, you may convince yourself you can walk away unscathed, or with only a slap on the wrist (see the many SEC encounters).