ST Alpha - "It’s 100% accurate. Musk folded and paid a 50% premium for being an asshole. Twitter got *exactly* what they agreed to for a company that’s at most " (Reading a Post)

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In response to "Well, that's one perspective. -- (link)" by Beryllium

It’s 100% accurate. Musk folded and paid a 50% premium for being an asshole. Twitter got exactly what they agreed to for a company that’s at most

Posted by Will Hunting (aka JoeMetz) Oct 28 '22, 13:49

Worth 2/3 of what they got paid.

Responses:

But the ones who will be left holding the bag are the bankers who backed him. -- nm - Mop Oct 28, 13:51 8
- Yeah, that’s stupid on their part and will impact future deals. Musk lost 1/3 of his real bread and butter, overpaid 15bil for Twitter - Will Hunting Oct 28, 13:52
- And? -- nm - spamlet Oct 28, 13:51 6
  - the rest of the world when it becomes an unfettered platform for disinformation, hate speech, and repression of dissent - hollywood big shot Oct 28, 13:53 3
    - I actually think I agree with you. I like that musk got screwed (by his own peen) and that good guys got paid, but it's like another hashmark on the - judge amanda jones Oct 28, 14:51 2
      - yep! -- nm - loosilu2 Oct 28, 15:21
      - Doug Copland needs to write some sequels, yo -- nm - hollywood big shot Oct 28, 15:01
  - I mean, that's fine. But Musk isn't left holding the biggest bag here. -- nm - Mop Oct 28, 13:53 1
    - They’re going to lose at most a few hundred million. He’s on the hook for $30 billion. -- nm - spamlet Oct 28, 14:12

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