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> it's worth less than half of what he paid for it But it was always worth less that half of the purchase price. The Twitter board completely ripped of Musk. R
by mrweasel 1y ago
> it's worth less than half of what he paid for it
But it was always worth less that half of the purchase price. The Twitter board completely ripped of Musk. Remember that he tried to back out of the deal, arguing that he had been lied to in regards to the number of bots and actual users.
- mvdtnz 1y agoThey ripped him off? He made an unsolicited offer, signed, sealed and delivered.
- reverendsteveii 1y agoWhen you're used to having an entire team of people to act as a buffer between your impulses and their easily predictable consequences following through on your commitments and getting exactly what you asked for feels unfair.
- miltonlost 1y agoThe Twitter board ripped him off? When he was the one who brought in the initial offer? He tried to back out of the deal once people told him how foolish he is.
- joering2 1y ago> Remember that he tried to back out of the deal, arguing that he had been lied to in regards to the number of bots and actual users. True but since he never provided any hard numbers, especially after totally owning the thing, makes this point moot.
- moomin 1y agoThis argument has been made, at length, in court. It was found wanting.
- AtlanticThird 1y agoGood thing 35% of the country still trusts the courts https://apnews.com/article/donald-trump-joe-biden-courts-americans-trust-1d4d2e22e9699cc09b29ec6ac8f374e7 https://apnews.com/article/donald-trump-joe-biden-courts-ame...
- reverendsteveii 1y agoNot at all relevant. Address the merits of the argument, not whether or not most people like the person who heard it. Though you'll be happy to find out that this disagreement never actually made it to court and eventually Elon went through with his original deal voluntarily.
- theshackleford 1y ago> The Twitter board completely ripped of Musk. He ripped himself off because he couldn’t keep his big trap shut.
- freejazz 1y agoDid he argue in that case that it was worth less than half the purchase price? I do recall he argued it was a material misrepresentation by twitter, but that the terms of the contract ran against him there. I do not recall it having been valued to that extent. It did seem like a facially bullshit excuse at the time. I'm curious as to why you're credulously repeating it now, after it's already been disposed of.
- reverendsteveii 1y agoYou'll remember that first he waived the right to make his offer contingent on that fact, then he tried to back his offer out because of that fact.