Re:Elon Musk asserts his “right to terminate” Twitter deal
by kcplate on Monday June 06, 2022 @09:39PM
(#31648874)
It’s a clever approach by Musk. How do I prove I am not withholding information? Not sure I can to the satisfaction of the person accusing me of it.
Twitter doesn’t know what it doesn’t know. It’s dropping a bot estimate that may or may not have shaky foundations. It knows it’s bot “estimate” could be low, perhaps significantly so. It knows that every point over their best estimate fuels Musk’s fears and ultimately becomes a PR and potential legal disaster.
They will have internal employee pressures to make Musk go away.
They will have political pressures to make Musk go away.
The shareholders want the offer, but Twitter hasn’t really gave a shit about them before.
Twitter doesn’t know what it doesn’t know. It’s dropping a bot estimate that may or may not have shaky foundations. It knows it’s bot “estimate” could be low, perhaps significantly so. It knows that every point over their best estimate fuels Musk’s fears and ultimately becomes a PR and potential legal disaster.
They will have internal employee pressures to make Musk go away.
They will have political pressures to make Musk go away.
The shareholders want the offer, but Twitter hasn’t really gave a shit about them before.