Good morning team Imagine seeking approval for your thoughts from message board anons. Do you also Tik Tok? Not sure what lessons you took from this saga, but yeah it was absolutely serious until the market (and most importantly TSLA) crashed...the bot thing is absolutely a fake excuse, but more for the fact he just plain can't afford it now. As you wish, the thread title remains
You do know he was taking out loans and there were other investors involved, right? He's laughing at your thread title bc it reads like Elon was going to the ATM to take out the cash to buy Twitter. He was never doing this in all his cash.
Technically it was an all cash merger because current shareholders receive 100% cash in exchange for their shares (as opposed to, for example, cash and stock). Think of it like buying a house using a line of credit rather than a mortgage; the provenance of the funds has little bearing on the use of the funds, so once you sign the PSA and are at the closing table, you better have the cash or you’ll find yourself in a lawsuit. For similar reasons, this is why Musk is on the hook to pay at least $33b of his own cash regardless of whether investors back out, leaving him with a shortfall in the capital stack (not that they can back out, just using it as an example). https://www.sec.gov/Archives/edgar/data/0001418091/000119312522176753/d283119dprer14a.htm
He was getting a lot of help to do it. He wasn't just pulling $40b whatever out of his checking account like his fan boys like to fantasize about. https://www.abc.net.au/news/2022-05-26/who-is-helping-elon-musk-fund-twitter-takeover/101101704
That article is hilarious on a lot of levels. Mr. Brin and Ms. Shanahan, his wife of nearly four years, met at the yoga retreat Wanderlust about seven years ago, according to a person familiar with their relationship. Both had been married previously: Mr. Brin to Anne Wojcicki, co-founder of genetics company 23andMe Inc., and Ms. Shanahan to a finance executive. Mr. Brin has two children with Ms. Wojcicki. At a party earlier this year, Mr. Musk dropped to one knee in front of Mr. Brin and apologized profusely for the transgression, begging for forgiveness, according to people with knowledge of the incident. Mr. Brin and Ms. Shanahan are now involved in divorce mediation, with Ms. Shanahan seeking more than $1 billion, according to people familiar with the negotiations. The two sides have yet to come to an agreement, with Mr. Brin’s side claiming that Ms. Shanahan is asking for much more than her prenuptial agreement entitles her to, the people said. Ms. Shanahan’s side is arguing that her request is only a fraction of Mr. Brin’s $95 billion fortune, and that she signed the prenuptial agreement under duress, while pregnant, the people said.
Brin is worth $90 billion and his company is way more profitable. It’s inexplicable from a money perspective.
I’d honestly feel like a huge pos being worth 90 billion if I wasn’t spending every day and night trying to help people, and if I died being worth that much.
Imagine being a fucking moron and continuing to work 40-60 hours a week when you're sitting on nearly 12 figures worth of money. These people are fucking stupid. We'd have a archipelago of TMB islands divided out by conference
Every time I get to dreaming of winning the lottery, like the $300M+. One of the things I dream about (after all the super selfish things I would buy) is fixing up all the abandon/disrepair houses in my city. I don’t understand how it wouldn’t be hard to buy them/fix them and rent them cheap.
I'd be hammered sailing my yacht around the Caribbean if I were rich. Money is wasted on these idiots
Lol no. All these people are awful and make worm brained decisions. Like cheating on one ugly billionaire for another.
I've always liked the idea of buying up some houses and one of the motels around here, fixing them up and making cost only housing out of them. Just need money to burn.
Amendment: I could see leaving a decent sum in a trust or foundation that would live on in perpetuity helping people.
1. Fucking married women in your social group 2. Fucking your best friend's wife 3. Fucking your buddy's wife after he loaned you $500k to keep your company afloat 4. Fucking your buddy's wife after he loaned you $500k to keep your company, in which you've recently fucked married execs, afloat
Maybe one of the worst threads I've ever seen. This lady is rightfully getting shit on across the globe for these ideas, which are either reimplementing company scrip or creating loyalty programs that already exist. I know there's a crypto thread, but I don't want to share it there and actually encounter posters earnestly defending any of these ideas.
A yoga retreat sounds like hell. Just stretch on some nice hardwood floors while watching baseball or It's Always Sunny reruns
Money that can only be used with one company is a lot less useful than money that is accepted at every company.
the absolute worst of twitter is this template: "i did this [insert incredibly arrogant brag about your startup revenue] here's a [thread emoji]" the algo has got me good too cause like 25% of my feed is this shit.
I mean, I think this literally goes against the entire fucking operating model of CostCo. Bitch would raise hotdog prices
i couldn't make it past the amazon idea at #1 the idea of smaller distribution centers is hilarious. imagine hundreds of amazon vans needing to criss-cross entire cities to pick up their items. hilarious.