Elon Musk Received A Cash Offer For Twitter With Video Of Downpayment–And Musk Won’t Like It One Bit

Elon Musk Received a Cash Offer for Twitter With Video of Downpayment And Elon Musk wouldn’t do it a bit like self-proclaimed but wacky Twitter investor Leonidas Raisini.

Rasini offered to buy Twitter in October for $30 billion less than Elon Musk paid for the social media platform. The potential Twitter troll who previously mocked Elon Musk backed up his claim with a very-familiar-letter and a video.

In his letter to Elon Musk, Raisini said, “Before you acquired Twitter, I invested in Twitter because I believed in its ability to be a platform for free speech, and I believe it will.” could work. Free speech is a social imperative for a democracy.

However, since you acquired Twitter, you have not delivered on your promise of free speech and Twitter has become a breeding ground for online hate and terrorism. I have now realized that the company in its present form will neither thrive nor meet this social imperative,
Raisini said.

https://twitter.com/iamraisini/status/1610405062081224708?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1610405062081224708%7Ctwgr%5E6ff6340c9656dc76df73323aed29b3c12f1c9cab%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fsecondnexus.com%2Fraisini-cash-offer-twitter-musk

Twitter needs to be converted into a public company where the members will own it. Together these members make up Twitter’s governing body and under a leadership that can respect free speech without spreading misinformation and hate. Along with my partners, my fund has secured funding to buy Twitter.

He concluded: As a result, I am offering to buy 100% of Twitter for $18.53 per share in cash ($14.26 billion), as I do not believe the current valuation of $41.09 billion is accurate. My offer is my best and final offer and if it is not accepted, I will have to reconsider my position as a shareholder and inform my fund to withdraw my investment.

Twitter has tremendous extraordinary potential. I’m right to unlock it. The purported investor parodied Elon Musk’s own April letter to then-Twitter chairman of the board Brett Taylor. Elon Musk wrote to Taylor, I invested in Twitter because I believe in its potential to be a platform for free speech around the world, and I believe that free speech is a social imperative for a functioning democracy.

However, after making my investment, I now realize that the company in its current form will neither grow nor meet this social imperative. Twitter needs to be turned into a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium the day before I started investing in Twitter and a 38% premium the day before I publicly announced my investment.

My offer is my best and final offer and if it is not accepted, I will have to reconsider my position as a shareholder. Twitter has extraordinary potential.

 

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