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by stingraycharles 1435 days ago
Thank you for saying this. While I do agree with the parent that in the the end it was my decision to go this route, the situation was much more complicated, and I absolutely wouldn’t get a quick response from them.

Having said that, I wasn’t insulted by the parent, and they made a good point: my decision was based on pragmatism, and in the case of Twitter, this was much less likely to be the case. Since I decided to share my story in light of this whole Twitter debacle, the parent was right to point out that the comparison isn’t entirely correct, even more so when it’s about dozens of billions. The rules of the games are different there.
1 comments
multjoy 1435 days ago
Commercial litigation is entirely about pragmatism.

If twitter won and was in the position to compel performance, is that even in the best interest of the company? To force it upon an unwilling owner would be the best way to destroy it in very short order as they desperately attempt to recoup their costs.

Far more sensible, with an enforceable order in hand, to come up with a negotiated settlement. Far easier, as well, with a nuclear option.

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Volundr 1435 days ago
It doesn't need to be in the best interests of the company, it needs to be in n the best interests of the shareholders. If the company dies once Elon owns it, it sucks for the employees and Elon, but not the all important shareholders.
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ModernMech 1435 days ago
Indeed, if the point of the sale was to put Twitter in hands capable of steering the ship, they wouldn’t have sold to Musk in the first place.
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miohtama 1435 days ago
In this point, it is the interest of the CEO, board and shareholders to collect a fat check and let Mr Musk burn down with Twitter. It’s Musk’s problem what to do with an unwilling owner issues.
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jimmydorry 1434 days ago
What fat check is the CEO and board getting? They own virtually no shares, so it wouldn't be from Musk. And if a reluctant owner takes charge, they aren't writing a fat check or shaking on a golden parachute. The lot of them can only expect to be immediately terminated, but knowing Musk, he would likely take legal action against them and do his best to make them unhirable... so they would likely bail during legal proceedings.
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