Today in the price is right

Yes, that is at times the question. What is something valued at and what are the reasons and facts of this valuation. The Guardian (at https://www.theguardian.com/technology/2022/jul/08/elon-musk-buy-twitter-withdraw) gives us ‘Elon Musk withdraws $44bn bid to buy Twitter after weeks of high drama’ Yes, it was high end drama, and it was high end drama because the media doesn’t like Elon Musk and because they should have known better, but in their race for digital dollars, they really do not want all the facts to come out. Even as we are given “Mr Musk is terminating the merger agreement because Twitter is in material breach of multiple provisions of that agreement, appears to have made false and misleading representations upon which Mr Musk relied when entering into the merger agreement, and is likely to suffer a Company Material Adverse Effect” yes legalised porridge this is, but it is a setting of a truth, one that the media was clearly aware of. And we see the dice roll high when we are given “Musk and his lawyers accused Twitter of withholding information about the number of “spam” accounts on the platform. This week, the company revealed that it was suspending more than 1m spam accounts a day.” As such we need to take a much stronger look at “This week, the company revealed that it was suspending more than 1m spam accounts a day”, and this has been going on for a while. I saw some data that indicated that not 5%, but well over 20% was fake, a reliable source (which I discussed) earlier gives us (at https://lawlordtobe.com/2022/06/08/what-the-media-silences/) ‘What the media silences’, a setting that is closer to 50%, that is a really high number, but with the Ukrainian war, Covid and Chinese trolls the number of fake Twitter accounts is going through the roof. And this source has ACTUAL data, data that they collected over years. And when that is proven, even if the evidence shows that it is only 30% (speculative) it implies that either Twitter was incompetent as they see only 5% fake accounts, or they were intentionally fraudulent. I cannot tell which of the two it is but the media had a much larger sight on this FOR YEARS and they did nothing. Now they try to use it to flame for a little longer, but consider that the media was lying to you for years, knowingly keeping us in the dark, I reckon that Twitter might be safer in the hands of Elon Musk. And in this Jack Dorsey has a lot to explain, no matter how the cake knife falls. As I personally see it, he was either incapable of keeping Twitter safe, or he was intentionally grossly overpricing Twitter.  I am willing to let him explain what it is, I feel certain that Elon Musk is dying to hear that part of the equation as well. Either way, he wins, a setting that was never in question.

So when we see “Musk stood to take control of a social media network with more than 200 million users. An avid, but critical user of the platform, he had vowed to push through various reforms, including relaxing its content restrictions, ridding the platform of fake and automated accounts and shifting away from its advertising-based revenue model.” Is anyone wonder if this is including the fake accounts? You see, this would amount to a maximum of 100 million users and if we are to believe some facts, Nicky Minaj has 25,449,548 follower at present, this amounts to 25%, so I reckon that Elon Musk could buy that account for less then 10% of what Twitter is asking. That is one way of doing it, and consider that of all the users one in four is following Nicky Minaj, what is the actual value of Twitter? You merely have to look at it from another side. But that is merely my view on the matter.

 

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