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A comment on Judge Refuses to Allow Sale of Infowars to The Onion. Parent comment

Re:Judge Refuses to Allow Sale of Infowars to The Onion by motorest on Wednesday December 11, 2024 @12:43PM (#42390462)
> He paid $44B. He probably could have got it for less at the time, but if you think it's not worth that, I'm not sure what to tell you.

It's indisputable that Twitter was worth $44B at the time of the sale because by definition the price of something is what the buyer and seller agree to perform the transaction.

What's also indisputable is that even Elon Musk was refusing to pay that much for Twitter and tried to back down until he was sued to force him to put his money where his mouth was.

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Re:Judge Refuses to Allow Sale of Infowars to The Onion by itsoktocry on Thursday December 12, 2024 @06:35AM (#42398305)
>It's indisputable that Twitter was worth $44B at the time of the sale because by definition the price of something is what the buyer and seller agree to perform the transaction.

I know you think this is some kind of deep philosophical insight, but there's an entire industry built around getting value from an asset beyond the price paid. We don't live in a world of perfect information.

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