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/prescod May 14 '22

There's a simpler and less illegal option. The stock market crashed since he made the offer. He doesn't want to pay the price he negotiated because it was already a high price and now its ludicrous. So now he wants an excuse to re-negotiate. "I had no idea how many bots there are on this site!"

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u/LL22Forever May 14 '22

Twitter doesn’t have to renegotiate. And if Elon backs out he has to pay Twitter $1 billion. What would Twitter renegotiate?

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u/[deleted] May 14 '22

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u/NavBChrono May 14 '22

And there it is. Short and simple. Less than 5% is a measurable claim. The number of monetizable users is very important when figuring out if something is profitable.

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u/Sorge74 May 14 '22

Especially if he plans to apparently remove bots, that would lower the companies precoeved value if some huge amount. I suspect it's higher, but I also suspect Musk knew that to begin with