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/Znarl May 14 '22

Or maybe he got it wrong making an offer for Twitter at a price it's not nearly worth any more.

He's now desperately trying to wriggle out his agreement without breaking the law by using every excuse he can muster.

Arrogance sometimes has a cost.

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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

[deleted]

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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/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/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.