this post was submitted on 19 Oct 2024
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It sounds like in this transaction they are purely a hardware provider, they shipped the bespoke hardware to Twitter based on twitters order, musk took over, and is now refusing to pay them because he doesn’t want whatever the hardware is after having gutted Twitter, and they haven’t been paid
Yep! It’s more nuanced than the title leads on. But “Elon bad” is the train with momentum around here.
I wouldn't describe taking over a company and then not fulfilling obligations incurred prior to the purchase as good behavior. Would you?
If it was done in knowingly and in bad faith, no I would not. With this particular case, all I know is what’s in that article which doesn’t describe the situation in detail. The court case would provide the full picture.
Who would be the bad faith actor here? Wiwynn? If they don't have an order, that's going to fall flat pretty fast. Seems like a pretty risky bet at $60 million. Twitter? Then it isn't Wiwynn's problem, Twitter can take care of their bill, and deal with their internal issues.
I don’t know. Perhaps as part of the acquisition there were some terms regarding situations like this that are in dispute. Even more nuanced, perhaps Wiwynn knowingly took advantage of the acquisition communication issues to assert a level of standing orders that should have been reconsidered.
Who knows, speculating doesn’t move the needle.
So stop speculating that the situation is “more nuanced” than the objective article title that paints a picture you don’t like.
lol this is literally the same conversation happening elsewhere on the internet about Diddy. There’s a video of him abusing someone. “Stop speculating, we don’t know the whole story.” Speculation is claiming there’s anything beyond a video of him abusing someone. It’s wild how much people love their celebrities to the point of abandoning all logic to defend them.