YouSaid · the spoken record

Matt Levine

lines on the record

54

first

2022-10-31

most recent

2022-10-31

sittings or episodes

1

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podcast

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1. “I think that he's going to lay people off, and that's always been his plan. I think in terms of firing the four top executives that he clashed with, that's totally not a surprise. He wants to run Twitter his way and not the way they were running it. And that's why he's buying it. And I don't think any of them are surprised. And I think he will be firing a lot of rank and file employees at some point. But I don't know how he could choose yet who they are.”

   2022-10-31 · On with Kara Swisher · Matt Levine on Elon Musk: Chief Twit & “Meme Lord” · IDENTIFIED FROM THE TRANSCRIPT

2. “Know, I worried. I worried. I mean, I think that there are not a ton of precedents either way for this particular thing, for like one guy signing an agreement by a company. I thought the agreement was pretty clear. I thought he didn't have any real legal outs, but he was going to throw everything he had against it. And I didn't think the odds were zero. But turns out that it was enforceable and he ended up settling for 100% of the purchase price he agreed to, which is a pretty comprehensive loss.”

   2022-10-31 · On with Kara Swisher · Matt Levine on Elon Musk: Chief Twit & “Meme Lord” · IDENTIFIED FROM THE TRANSCRIPT

3. “Yeah, I mean, I think that the Delaware courts are pretty serious about corporate law. I think that the Delaware courts kind of conceive themselves as like the representatives of Delaware's incredibly strong interest in having companies incorporated there and having Their merger agreements be predictable. So people get out of merger agreements. But like, you know, you have to find the part of the document that says you can get out of the merger agreement. And Elon Musk didn't even really try. He was not putting in a real good effort to sort of make a legal case. And his lawyers, you know, tried to clean up after him, but didn't really work”

   2022-10-31 · On with Kara Swisher · Matt Levine on Elon Musk: Chief Twit & “Meme Lord” · IDENTIFIED FROM THE TRANSCRIPT

4. “I mean, you know, from my perspective, the top line thought is probably that the system worked. Like Elon Musk signed a deal to buy Twitter. He changed his mind. And he just sort of thought he could change his mind. And people were like, no, no, no. You signed a deal. It's binding. And it turned out to be binding. So that's my top line thoughts. I don't yet have thoughts on what the Elon Twitter is going to look like. It'll probably be weird, but I think it'll be less weird than people think. I think it'll be Pretty much like Twitter”

   2022-10-31 · On with Kara Swisher · Matt Levine on Elon Musk: Chief Twit & “Meme Lord” · IDENTIFIED FROM THE TRANSCRIPT