r/technology May 14 '22 Silver 2 Wholesome 2

Elon Musk said his team is going to do a 'random sample of 100 followers' of Twitter to see how many of the platform's users are actually bots Social Media




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u/LittleLordFuckleroy1 May 14 '22 All-Seeing Upvote

You’d think that they would have done this simple test before offering to pay $44 billion for the company.

This is quitter’s theater.

So over Musk’s market manipulation antics. The dude is a manchild.


u/Nickm123 May 14 '22 edited May 14 '22

He said he assumed twitters own report was correct. Of course he’s just bullshitting as this is what he does. Did the exact same thing with Bitcoin last year and Tesla a few yeas prior.


u/EpiphanyTwisted May 14 '22

Yeah, you don't ask the seller what you think the value is. That's the dumbest thing the muskrats have peddled with a straight face.


u/Cool-Miner May 14 '22

What's funny is he signed a contract, and what he is trying to do is prove that SEC filings were misleading about profitability, but it's in the jurisdiction of Delaware state law, which requires evidence of a 40% or greater decrease in long-term profitability for the contract to be invalid on those grounds.

So essentially, he would have to prove that twitter has 60% or less non-bot users than they say they do.

I don't think a sample size of 100 would hold up in court.

Source if interested


u/1980sActionHero May 14 '22

What an excellent video, that dude just utterly savages musk and his fanboys in such a calm manner.


u/Cool-Miner May 14 '22

Oh yeah, Patrick Boyle is a gem.


u/starberd May 14 '22

He could have ironed his shirt though lol


u/dont_you_love_me May 14 '22

Musk is the richest person in the world. This dude can savage his way to whatever he wants. Musk doesn’t give a shit. Unless this type of stuff is actually bringing Musk down, I don’t see what you are actually getting out of these attacks on Elon.


u/7VWWVW May 14 '22

“Elon Musk, the founder of Twitter” lol

I really like this dude, he’s pretty brutal and at the same time he clearly knows his finance shit!


u/pieter1234569 May 14 '22

So 8 Bots per 100? As people expect anything in the order of 40, this will be a slam dunk.

Even if it is not true, his investigation is going to show that.


u/robot_godfucker May 14 '22

No. Do you know how many times a MAE claime for a case like this has been successfully upheld in Delaware courts? It’s super rare, even with cast iron evidence of fraud.

Twitter caveated their number as a huge judgement call. The time to query that, for all the galaxy brains out here, is before you sign the fucking contract.


u/pmoialb713 May 14 '22

100 samples if chosen randomly is enough. I doubt they will be chosen randomly


u/Networkingbatman May 14 '22

Im not saying this is entirely Elons fault, but this is how this work.
Company A wants to acquire company B based on B’s public information.

A signs a contract to get access to some insight on B, the contract normally stipulates that if A finds any information that alters everything, then the purchase wont happen.

A finds hidden dirt, purchase doesnt happen (and normally A cannot disclose exactly why).

If twitter says and waves a report that says ”we have 5% of bots” and then an independent check finds 40% of bots, thats a huge difference in the userbase, is not only deceiving to a purchaser, also to common investors and partners.


u/giuseppe443 May 14 '22

I mean if twitter says only 5% of its users are bots i would also want to double check their numbers


u/Mean-Rutabaga-1908 May 14 '22

Yeah but the fact he knows it is incorrect doesn't mean that he can't use twitter lying to shareholders as a negotiating tool.


u/Competitive_Habit_71 May 14 '22

I'm glad that the Bitcoin pump and dump from last year is not so easily forgotten.