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The definition of "insanity" (lemmy.villa-straylight.social)
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[-] moonmeow@lemmy.ml 37 points 1 year ago

At this point where he is basically stripping the site of its users (paid + limits) and branding (removing the twitter bird) why didn't he just start up his own social media site and slow grow it instead of wasting money to pillage the competitor and then strip it of everything that made it what it was, i.e., the user base and the brand recognition?

[-] MaoWasRight@lemm.ee 39 points 1 year ago

He didn't want twitter in the first place. He made some legally binding comments and was legally required to purchase it after meme-ing an offer and thinking he could get away with it lol. Now he's suing the lawyers that made him buy Twitter.

Musk is not a very smart man.

[-] Hoagie@lemmy.ca 15 points 1 year ago

To be precise, he's sueing the lawyers Twitter hired in the case to force him to buy, as Twitter paid them a bunch of money they weren't legally obligated to pay, just before the purchase went through.

[-] Notyou@sopuli.xyz 5 points 1 year ago

Weren't legally obligated, that we know of. There could have been a fee paid at delivery of the deal being made, since that's how this firm and the firm that Musk hired to sue the old firm charge. They keep the billable hours down in order to keep the price low unless they win and then there is normally a "winning fee".

Without context it makes it seem that the payment was out of left field when it was business as usually, especially since Musk didn't want to actually go through with it.

this post was submitted on 24 Jul 2023
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