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0 pointsitsoktocry1y ago0 comments

>Investors already put their money in at around $157B+ and are not willing to take a price cut down to less than $100BN.

This is for a controlling stake, not outright ownership, isn't it?

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ffsm81y ago

Considering musks history, its also possible he doesn't actually want the deal and is doing it for other reasons.

While I think the purchase of Twitter was ultimately in his favor, he definitely had buyers remorse back then.

rvnx1y ago

By sending the message that he wants to buy at 97B, he could imply that 260B is clearly exaggerated and create fear for these investors.

That's hilariously nonsensical.

Hey Sam, I'll buy it for tree-fiddy, good luck getting anyone to invest at a bigger valuation now!

distillate is a noun, not a verb

Edit: I love the edit, it's very straightforward now!

typs1y ago

Yes but why would investors on the board who own a piece of OpenAI at 157B be ok with a sale at a smaller valuation?

pests1y ago

Cash in hand might be better than trusting that valuation.

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