Hey, you remember when he tried to back out of the deal entirely because he realized he was going to do nothing but tank Twitter's value and he wouldn't be able to deliver anything he as running his mouth to promise?
I remember when he tried to back out when he realized that a high percentage of the accounts were bots.. Is that what you are refering to?
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2 ups, 2y,
1 reply
Which made absolutely no sense. Why would the law take the opinion that he doesn't have to follow through with his offer unless Twitter already made the changes that he was buying Twitter to make? He was trying to make an excuse to bank out of it and you know it.
He tried to back out because they were lying about how many real members they had and you know it
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1 up, 2y,
1 reply
He offered above-market share value for the takeover AND COMMITTED TO IT! You don't get to then complain that the shares just aren't worth that much - THAT WAS THE POINT OF THE OFFER YOU MADE!
It's a nonsense explanation. The number of real members had no impact on that situation. And that's why he lost his court case and had to buy Twitter anyway.
This may prove to be something of an albatross hanging around his neck. Something he wanted to back out of for a good reason but now he's stuck with it.
He's already lost money just setting up to buy months ago.
And he paid more than its worth, and that for a company not earning much of a profit if any. Even with his cutting of staff, the future on this cow is belly up in the long term. His vanity purchase stunt gone awry may have accelerated its demise, as all social media platforms eventually becomes passe, and some big names may be ditching this turkey now, thanks to him.
Up-voted. Great meme. Wouldn't it be cool if he were to do just that; reveal Twitter's part in illegally manipulating the outcome of the 2020 election?
