Re:Notice of termination of Twitter merger agreement
by dubswithus on Saturday July 09, 2022 @11:16AM
(#32035810)
My point is he can pay more because he believes he's going to make much more in the future. There is a downturn but most people suffer downturns through life and hold through them. It's just childish to back out now but I would expect that from him.
His views really don't matter. Nothing happened to Facebook and nothing will. People will just continue fighting (tweeting).
Re:Notice of termination of Twitter merger agreement
by Gustomaximus on Monday July 11, 2022 @07:53AM
(#32054904)
I see you point, but being childish in backing out may not mean much if you feel you're overpaying $14bn, or if not him his funding partners. People have a much stronger emotional response to losing something than gaining something.
But really who knows. Maybe he realised he had too much on his plate, or any number of things.
That said the risk is huge as the world can move on quickly as we saw with MySpace. And Elon s becoming increasingly a political risk factor himself in a business were peoples view on the leaders/owners really matters.