Comments by "" (@Mawyou) on "Where did Elon Musk's Twitter deal go wrong?" video.

  1. Sure he negotiated access, but there are no terms in the deal that allow him to walk away based on what he sees. The argument about the business firing executives is probably more valid.
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  2. He specifically waived his rights to see their data. Yet they still let him see it after he complained. They gave him the "firehouse" of all the tweets that go through their platform. He said he was the only person in the world who could fix Twitter's bot problem. Now he says he's canceling the deal because there's too many bots... Really??
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  3. Here were no submission deadlines or requirements for Twitter to be transparent. Elon explicitly give up his rights to that "due diligence" in the contract. I know people like to say Elon has an ace in his back pocket. But the truth is, he got overconfident and willingly gave Twitter all the cards in order to speed up the purchase. Now he's backing out, and has no valid arguments. The number of bots is not a valid reason for tanking the deal because of the way he allowed the contract to be written. Seller-friendly deal
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  4. But Elon said he was the only one who could fix it. Why is he backing out now??
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  5. No, not planned this way at all. In the contract he signed, he gave Twitter ALL the cards so that he could speed up the sale. He even gave up his rights to see the number of bots, not kidding. Now he's about to go lose in court for breaking the agreement. And Twitter has a good reason to force the merger since his antics did a lot of damage to the company and their shareholders. Either they will force the sale, or they will settle out of court for billions in damages.
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  6. It's not a breach unless he can prove that they lied. And even if he can prove that they lied, that would be bad for Twitter but he would still be obligated to purchase. Because he explicitly waived his rights to due diligence in the contract.
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