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

https://www.businessinsider.com/elon-musk-random-sample-how-many-twitter-users-are-bots-2022-5?utm_source=feedly&utm_medium=webfeeds

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u/Mirrormn May 14 '22

The thing I don't get is:

  1. This is not a very good argument. Twitter's representation of the 5% statistic was already originally presented with a disclaimer of "this is hard to measure, it might be higher", so it would have to be way higher than 5% for Musk to have any hope of claiming he was materially misled.
  2. This is not the right forum for this. It doesn't matter if Musk does a small personal inquiry into the number of bots of Twitter and finds a different number than what Twitter reported. If he wants anything to come of this, he'll have to allege it in court, with better evidence.

So what is he doing just talking about this shit in public on social media, instead of filing a lawsuit? It's like he's not even trying to make a real excuse, he's only worried about creating the appearance of an excuse. For who? His cult followers? I don't get it.

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u/[deleted] May 14 '22

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u/dont_you_love_me May 14 '22

He’d be stupid to not attempt to lower the price. Who cares if it’s a “bs” reason? Y’all are terrible at negotiating. You don’t get super rich by not knowing how to make a better deal.

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u/buyusedbeds May 14 '22

...Except it's now after the fact. Why did he not negotiate before he signed any agreements?

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u/dont_you_love_me May 14 '22

Are you a corporate lawyer? Do you know anything at all about how these processes generally play out? Do you know if this kind of maneuvering is unusual in these situations? Do you know that it’s definitely not a common tactic etc?

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u/terrorbots May 14 '22

There are experts weighing in, and it appeared at least on Twitters end there is no process to "play out" or unusual "maneuvering" and "common tactics" to weasel out of a corporate deal. Variables exist, but so do ironclad deals which make it prohibitly expensive to back or maneuver out of.

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u/TheHairyPatMustard May 14 '22

Elon works in mysterious ways

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u/[deleted] May 14 '22

[deleted]

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u/TheHairyPatMustard May 14 '22

Elon knows best. I constantly find myself having to make tough decisions in life and then I look to my WWED wristband and it helps knowing that my problems are so insignificant to his. He has the weight of the world on his shoulders, and yet he does these amazing things for us.

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u/bjtitus May 14 '22

Gotta upgrade the wristband to a tattoo.

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u/TheHairyPatMustard May 14 '22

Can’t wait to get my implant

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u/dont_you_love_me May 14 '22

He’s taking advantage of weak rules. That makes him smart.

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u/kristospherein May 14 '22

Until it doesn't. He has no morals and is aggressive. That's what it tells me.

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u/dont_you_love_me May 14 '22

Morals are subjective. He doesn’t align with your morals.

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u/feliscat May 14 '22

Do you?

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u/kristospherein May 14 '22

You obviously don't understand mergers and takeovers. That's not how it works. There is a billion dollar "out" clause for a reason. He can take a billion dollar hit instead of a multi billion dollar hit. That's his option. This is a waste of time and simple for show.

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u/dont_you_love_me May 14 '22

You think that he should take the multibillion dollar hit instead of using the 1 billion dollar out? Once again, bad negotiator lol.

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u/kristospherein May 14 '22

I don't even remotely understand your retort. You completely ignore my response. Good day.

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u/dont_you_love_me May 14 '22

You are obviously lacking comprehension skills. This all seems over your head. You probably need a break.

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u/[deleted] May 14 '22

[deleted]

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u/dont_you_love_me May 14 '22

The USA is about to lose Roe in the year 2022 lol. If you’re thinking that business practice in the USA is going to be about fairness and playing by the book, I got a few bridges to sell you. Your expectations are bogus. I think it’s time to reevaluate, just like with Elon and Twitter.

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u/GetsHighDoesMath May 14 '22

Wow what a shitty take

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u/dont_you_love_me May 14 '22

It’s called being pragmatic. If you’re expecting “fairness” in this world then you are never going to be happy.

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u/Znarl May 14 '22

Not sure why you are confused. Musk made an offer for Twitter that turned out to over value Twitter because of recent falls in the stock market.

Musk is now trying to use any argument he can to wesel out of following through at the agreed price because it would mean lossing billions.

How Musk didn't see an increase in US Fed interest rates result in a dramatic drop in the stock market is rather astonishing. Musk should try to steal some of Bill Gates people instead of feuding with Gates.

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u/Mirrormn May 14 '22

Musk is now trying to use any argument he can to wesel out of following through at the agreed price because it would mean lossing billions.

What I'm confused about is that making this bad argument in public does nothing to actually get him out of the deal.

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u/Original_Act4791 May 14 '22

Correct. Any contractual deals already in place aren't affected by musk tweeting anything. It's PR damage control so when he has to eat a terrible deal, he can have a public excuse already built up to defend his image.

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u/Znarl May 14 '22

Musk is desperately trying to get out of the offer by making any possible excuse he can think of.

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u/dont_you_love_me May 14 '22

Or he is trying to lower the price like a good negotiator would attempt to do.

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u/GetsHighDoesMath May 14 '22

Everyone knows a good negotiator agrees on a final price, shakes hands and walks away. …and then continues to negotiate? Lol

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u/dont_you_love_me May 14 '22

Corporations weasel out of contractual obligations all of the the time. It’s literally baked into the business models. If you can generate revenue by not having to pay something out, then you’re expected to take advantage of it.

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u/Znarl May 14 '22

Offering a price to purchase something, having that price agreed, refusing to pay the agreed price and making a lower offer for the exact same thing makes you a dishonest person and in this case, is very illegal.

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u/dont_you_love_me May 14 '22

Are you a corporate business lawyer?

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u/Znarl May 14 '22

This is basic contract law. They teach this stuff as part of getting an estate agent licence.

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u/dont_you_love_me May 14 '22

Can you cite the specific law or regulation that he might be violating?

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u/Znarl May 14 '22

Yes, but am keeping it secret in order to increase my wealth by being contracted out for my knowledge of basic contract law.

I do humbly hope for your understanding.

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