this post was submitted on 17 Aug 2023
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It's not just lemmy that's benefiting from Elon Musk.

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[–] hairinmybellybutt@lemmy.world 16 points 1 year ago (5 children)

I wonder if previous twitter execs are feeling a bit bad to have sold him twitter to see it destroyed like that.

I mean it certainly proves Elon is an idiot as he used fraud to manipulate the price and got played instead.

But was it worth it to let him destroy Twitter just because he tried to defraud it?

[–] flamingo_pinyata@sopuli.xyz 31 points 1 year ago (1 children)

They got $44 billion, double what sane people thought the company was worth. It would be irresponsible not to take Elon for a ride.

[–] utopianfiat@lemmy.world 5 points 1 year ago

Also illegal, since Twitter was a public company- they can't discriminate on bona fide offers or they risk being sued.

[–] Master@lemmy.world 15 points 1 year ago

As someone who doesnt use twitter... yes this was totally worth it!

[–] Tygr@lemmy.world 9 points 1 year ago

I’d be bummed out but happy I have an unlimited supply of hundred dollar bills to wipe away the tears.

[–] Uiopp@lemmy.dbzer0.com 3 points 1 year ago

I wonder how long twitter would able to run at a loss if elon didn’t take it over as a slapstick joke went wrong.

[–] KIM_JONG_JUICEBOX@lemmy.ml 1 points 1 year ago

I’m sure the previous execs are crying into their wads of cash. So much sympathy for them.

Lol. Like if they gave a shit they would have forced that buyout to go through.