FairWarning
Footballguy
Let’s really unhinge the left and have Musk run for president.
The "Elon Musk is an idiot" phase is my favorite part of the storyline.
Seems fetish.The "Elon Musk is an idiot" phase is my favorite part of the storyline.
As should every American.Let’s really unhinge the left and have Musk run for president.
we tried one narcissistic sociopath already, must be the money, but he is much smarter!Let’s really unhinge the left and have Musk run for president.
This one is much smarter.we tried one narcissistic sociopath already, must be the money, but he is much smarter!
I guess he finally learned to pull out?Musk formally pulling his offer. Stunning turn of events.
I'm gonna start some rumors that Musk is African and we need to see his long form birth certificate.This one is much smarter.
He was born in South Africa so there's that.I'm gonna start some rumors that Musk is African and we need to see his long form birth certificate.
It appears my plan is already working.He was born in South Africa so there's that.
I know that, I’m just drinking three Floyd’s and like to unhinge the left. I know he can’t be the president.He was born in South Africa so there's that.
Not exactly a new phase here either. Lots of people called this from the beginning.When I suggested this was shaping up to be another attention craving stunt like he pulled with Bitcoin, I only had a sample size of one. Two in a row confirms he's not only an attention whore, but shoots first, aims later on sizable investment opportunities. Being called an idiot is warranted to some degree.
Listen, he's got a pattern of getting people hyped only to leave them disappointed. I'm all for him running as an R.I know that, I’m just drinking three Floyd’s and like to unhinge the left. I know he can’t be the president.
When I suggested this was shaping up to be another attention craving stunt like he pulled with Bitcoin, I only had a sample size of one. Two in a row confirms he's not only an attention whore, but shoots first, aims later on sizable investment opportunities. Being called an idiot is warranted to some degree.
When I suggested this was shaping up to be another attention craving stunt like he pulled with Bitcoin, I only had a sample size of one. Two in a row confirms he's not only an attention whore, but shoots first, aims later on sizable investment opportunities. Being called an idiot is warranted to some degree.
I think Elon loved the attention he got from his offer, and figured owning Twitter could make him a lot of money, especially if people were gonna run out and buy any DooDooCoin he mentions.
Then I think he realized buying for that number really didn't make any sense, like ALOT of people thought. But, none of them had rocket ships, so LOL to them dummies.
Twitter gonna take him to court, and they've already laid the groundwork to disprove his central argument (but the bots, there's so many!).
He's in for a rough ride, no way he just eats a billion and walks away.
I am pretty sure that the left would love it if Musk used his playbook to run for president.Let’s really unhinge the left and have Musk run for president.
I haven’t read the notice (busy setting up wikkid memorials), but if he’s using the 10b-5 claim, then I think Maurile is right that he’s not interested in buying anymore, rather than trying to get a better price.https://www.sec.gov/Archives/edgar/data/1418091/000119312522120474/d310843ddefa14a.htm
His termination letter references section 6.4 “access to information” clause and the 10b-5 claim @krista4 wrote about back in May. You can see that section gives twitter broad discretion. It’s a really hard claim, but it’s also hard to get a Delaware court to enforce a specific performance clause. It will be interesting. I would think a lawsuit will be filed by one of them on Monday and it will be an expedited proceeding.
Here’s the termination notice. https://www.sec.gov/Archives/edgar/data/1418091/000110465922078413/tm2220599d1_ex99-p.htm
I’d put a “good posting” on this except it might mean I’m saying you’re an idiot.I think everyone is an idiot in numerous ways (obviously including me, less obviously including Musk, but still including him).
So Twitter is intent on forcing the deal through on the agreed terms, and not just going after the $1 billion he owes them for breaking the agreement.
Basically they don't want his $1B, they want all $44 billion and are suing to get it.
Has the purchase agreement been made public? I’d be interested to take a look. In my experience, Delaware Courts generally enforce contracts in accordance with their terms and are less concerned about public policy considerations or issues of fairness.
I’d put a “good posting” on this except it might mean I’m saying you’re an idiot.
Musk seems like a brilliant idea man and might have all sorts of other smarts, too. I have no idea on his history of M&A or whether he’s done a lot of successful acquisitions, JVs, etc. In this instance I think he’s performed poorly.
I think we all have our own favorite phase of this.The "Elon Musk is an idiot" phase is my favorite part of the storyline.
I do like the angle that Twitter is trying to sue to make Elon stick to the deal. I'd imagine they would have to prove his claim that a large portion of their user base are not bots if they took it that far.
I imagine their goal is not to force him to complete the purchase, but to get a payout for its shareholders. If Twitter rid themselves of Musk and got a big payout then I think the board and executive would view that as a win/win.I do like the angle that Twitter is trying to sue to make Elon stick to the deal. I'd imagine they would have to prove his claim that a large portion of their user base are not bots if they took it that far.
Twitter is the social media version of Enron. It's built on lies and careful manipulation of those lies to keep the thing going. Will be interesting to watch the collapse.
I do like the angle that Twitter is trying to sue to make Elon stick to the deal. I'd imagine they would have to prove his claim that a large portion of their user base are not bots if they took it that far.
I imagine their goal is not to force him to complete the purchase, but to get a payout for its shareholders. If Twitter rid themselves of Musk and got a big payout then I think the board and executive would view that as a win/win.
I’d put a “good posting” on this except it might mean I’m saying you’re an idiot.
Musk seems like a brilliant idea man and might have all sorts of other smarts, too. I have no idea on his history of M&A or whether he’s done a lot of successful acquisitions, JVs, etc. In this instance I think he’s performed poorly.
Guess I should've said "2 points for Twitter and 0 points for Musk".I don't think they'd view it as a win for Musk. (Sorry, I'm being pedantic.)
Isn't that why he pays good lawyers?
Isn't that why he pays good lawyers?
The biggest problem in this instance was thinking that Twitter was worth $54.20 a share, which isn't really a legal issue.
They would not have to prove anything. He would have to, he's the one making the claim.I do like the angle that Twitter is trying to sue to make Elon stick to the deal. I'd imagine they would have to prove his claim that a large portion of their user base are not bots if they took it that far.
Twitter is the social media version of Enron. It's built on lies and careful manipulation of those lies to keep the thing going. Will be interesting to watch the collapse.
massraider said:They would not have to prove anything. He would have to, he's the one making the claim.
Don't think so.
Just one more way the Supreme Court refuses to see itself as accountable to the American people.
At this point we have to just assume that Alito, Gorsuch and Thomas will literally just vote for anything Republicans want. We're like two liberal justice deaths away from re-segregated schools.
Bloomberg article on Elon/Twitter
“Is it fun for him? If he manages to walk away having spent only millions in financing fees, millions in legal fees and say $1 billion in termination fees, was it worth it? What did he get out of this? The guy really seems to like being on Twitter, and he did make himself the main character in Twitter's drama for months on end. That’s nice for him I guess. Also he made the lives of Twitter’s executives and employees pretty miserable; as a fellow Twitter addict I can kind of see the appeal of that? I always assume that “everyone who works at Twitter hates the product and its users,” and I suppose this is a case of the richest and weirdest user getting some revenge on the employees. He also gave himself an excuse to sell a bunch of Tesla stock near the highs. He maybe got an edit button too? Maybe that’s worth a billion dollars to him?”
I really couldn't care less about this story - I spend little time on Twitter and don't care about Musk. But I am fascinated by the idea of what would I do if I was as rich as Musk. "What did he get out of it?" Not sure but he probably doesn't care. Hell, I might do something really #####-ish like buy the sports team I hate the most and then just run them poorly so they never win. Is it possible to buy UGA football?
Is it possible to buy UGA football?
After this post I posted another reply in the context of the discussion that read:
This post got me a 5 week suspension from the boards. The @FBG Moderator asked me to "stop the condescending trolling if you come back."
If anyone can provide a reasonable explanation of who this somewhat hyperbolic (but not overly so!) criticism of the Court was condescendingly trolling, I will give $100 to the charity of your choice.
@Joe Bryant, you'd asked me why I thought you didn't like me. Others have asked why I left the first time. Hopefully this answers both questions. You gave guys who made a string of racist jokes about Native Americans in an Elizabeth Warren thread 12 hour bans and allowed a running thread of people insulting your fellow FBGs and their trans children to go on for months, and you gave me 5 weeks for ... honestly I'm not sure what.
AAABatteries said:Joe has been fairly consistent in not wanting us to use a death or potential death in making points. Kind of like that thread GG started about what Chuck Todd said. I think Joe would say to avoid those types of comments. Even theorizing about it.
If this is $100 worthy then please give it to biggie.
Me neither.Also, even if there's a rule that we can't mention the role of death in politics or something, I still don't see how it's "condescending trolling."
I still don't follow. Is the rule "don't mention anyone dying?" It's not like I was wishing for it or something. I was contemplating the deaths of quite possibly the last three people in America I'd want to lose if there was a Republican in the White House, other than family and friends!* Also, even if there's a rule that we can't mention the role of death in politics or something, I still don't see how it's "condescending trolling."
I appreciate the effort though, and I don't want to welch on charitable giving, so I'll say $50 to the best failed effort. I don't get the biggie joke though.
*Realized after posting that Juan Soto should also be on this list.
Me neither.
The mod said condescending.Rightly or wrongly it's been this way for a while. I distinctly remember Joe (or some mod) getting on folks during RGB's heath issues. I think if phrased properly you can tip-toe around such discussion.
Also, I may be wrong in my assessment - could be Tobias got nicked for accumulation - kind of like in soccer.