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Me kevin here in this video you're, going to learn something incredible about business negotiation strategies and we are going to use the drama surrounding twitter and elon musk to teach this lesson to you. It is so critical that you have this perspective because boy, oh boy, am i getting a lot of hate on the interwebs right now because of my opinion surrounding the elon and twitter deal, which the reality is most of these folks are wannabe attorneys or armchair attorneys, Who think they know everything that's going on and how the business world works and the reality is a they've, probably never been in a courtroom and b. They probably aren't that good at business. So let's go ahead and get started and teach you some real facts in real business.
Let's pull up my tweet first, so first i tweeted yesterday some say: elon musk has to buy twitter, as is with the bots, because he quote waived his right to due diligence wrong. I respond, and i quote: uh well paraphrase the security and exchange commission's 10b5 rule, which is the fraud rule paraphrase twitter can be liable for omissions of material facts or providing material, misleading material facts. Therefore, waiving due diligence does not mean you have to accept a fraudulent disclosure such as understated bots note. This has like 30 000.7 likes, which is pretty wild like i've.
Never had this many and elon musk, replied and ratioed me with 38 000 likes with one word. Correct, didn't even add the period here, which, of course i replied holy life goal a cheese achieved. I could die peacefully now, which also did quite well but anyway, let's talk about the lesson here and what we have to know, because it's really really important and i'm tired of all this back and forth and drama that's going on, but i'll tell you drama is Exactly what elon is planning for? So, let's be real here: everyone talking about material adverse effects and looking up definitions or speculating about what a judge or jury is going to do in the event that elon tries to get his one billion dollar essential, uh deposit back is missing the point. Everyone they're all missing the point of business because i don't think they understand business.
Even the people saying stuff like oh well, elon musk is buying twitter to fix the butts now he's complaining that there are bots look also missing the point. It's like being told that you're going to buy a fixer-upper house that only needs paint and carpet, and then you discover that it actually needs a new foundation, a plumbing system, electrical system, a sewer or a roof. Look five percent bots versus fifty percent bots matters just like a foundation versus just doing paint and carpet matters. This is why everyone's missing the point.
This is not about trying to figure out who's right or wrong about material adverse effects, because that comes down to judgment and that takes years in a courtroom of deliberating it could take anywhere between two to eight years to actually get a judgment. Nobody wants to be tied up in litigation that long nobody at twitter, no executive, no board members, the company itself, it's not in the company's best interests, it's not in elon's best interest, and that's why everybody is complaining about trying to define what's going gon na happen And who's perfectly right or wrong is totally missing the point because they don't understand business deal, making it's literally like a massive real estate transaction. It's a hardcore negotiation every day and it's stressful every single day, elon musk is undertaking a business strategy known as chaos, theory which i'm going to talk about in just a moment, but i quickly want to give a shout out. This is a big lesson, but i quickly want to just shout out: met kevin.com a public up here make sure to go to medkevin.com public, so you get a free stock worth all the way up to 1 000 check out this beautiful banner. We got here one free stock up to a thousand dollars. All you have to do is go to met kevin dot, com, public, open and fund, an account with any amount. They do not use payment for order flow, their social platform as well. You can follow me there at meet kevin on public, so check them out, medkevin.com public okay.
So what is chaos? Theory? Chaos theory is the premise that the more chaos you cause the more control you have see chaos. It was believed, according to the ancient greeks, that out of chaos, the cosmos were formed, that is out of chaos, came order out of disorder comes order, and so, when you create chaos, you have control over the order. That's created now, let's think, a little bit about elon's actions. He wants employees freaking out constant stories about half of twitter employees.
Uncapable of coping with the idea of elon as their boss creates chaos inside of twitter. Nothing gets done. Business slows down sales in the advertising department, slow down, everything slows down because everything's discombobulated. This is chaos inside the company, creating drama over executives quitting creates drama.
Just three weeks ago, the vice president of product management and the vice president of twitter services both quit. This creates chaos. Now you have leaderless departments, potentially market movements like star the stock, going up or down or creating a larger arbitrage between the 54 20 price and the 39 and whatever sense it's at now creates chaos. Lawsuits create chaos because they increase the stakes of the deal.
They motivate the board to be conscientious of lawsuits, knowing full well that everybody's going to end up getting sued on both sides. This is not a surprise, but the goal isn't to worry about the lawsuits. Right now, those again are going to take two to eight years to resolve so right now the goal is get the best deal possible. Then you walk around with a staff of attorneys and you clean it up like you walk around after you fix up your fixer-upper and you broom sweep all the dust up. The lawsuit creates noise and chaos. Though, and again, chaos is beneficial to the one, creating order. Eventually and that's elon musk, this is chaos, theory, employee uncertainty, chaos drama over bots drama over his billion dollar deposit drama over material adverse effects. Well, if it's seven percent bots, is that still reasonable? What if it's 50 bots? How are we gon na count, the bots? How are we gon na? You know audit the whatever blah blah blah or what you know, what what happens if the texas attorney general just gets involved - and this is actually really entertaining in fact - take a look at this okay, i'm gon na open this up here, for you take a look On screen now, you've got a civil investigative demand demanding the following things from twitter by a deadline of june 27th.
Okay, look at this all computer files, written printed, graphic recorded material of any kind regarding uh or dis of any kind of authorship on ads ad reach. Bots fake accounts spammer account any kind of content. Anything having to do with advertising bots and stuff at twitter has to now get disclosed to the texas attorney general, because they're filing an investigation against twitter folks. This is no more than chaos, but listen to how crazy this chaos is getting it's going to include documents stored in personal computers, portable computers, workstations mini computers, phones, pagers, personal data, uh voicemails, you name it even a text messages and other documents in the possession of Officers, managers or even employees, literally everyone on their personal devices or work devices, has to give up all sorts of documentation and nobody is allowed to delete anything otherwise they'd be subject to civil penalties themselves.
If they delete anything folks, don't you think this is going to create a lot of chaos, hell yeah and don't you think, there's a high likelihood that elon musk probably has really good relationships, uh or relations with texas, given that he moved not only uh, not only This spacex there but moved tesla's headquarters to austin texas and moved to texas himself come on. Look at this uh texas is going as far as saying we want documents that substantiate you have less than five percent bots, but we also want any kind of documentation that contradicts any statements that you have made that prove that you actually have more than five percent Bots, which actually means like, if you ran a study and your result, came up and said: oh, we have six percent bots, okay, let's redo the study or whatever they want that result too. This is basically now twitter, potentially trying to say or or a texas trying to flush out. Hey twitter.
Are you uh? Are you hiding things from us? We want every bit of documentation on on on anything related to this. It's really incredible. So let's go back uh to the rest of the lesson here, so the important thing that we have to know here is all of this stuff. Look at the whiteboard. All of this causes chaos, chaos, theory again, folks, it's the absence of order. This is a siege by attrition, think of trench warfare. Little by little by little you wear them down, you wear them down, and eventually you get what you want at a discounted price for twitter. It's it's a negotiation come on folks.
This is a business negotiation. Chaos theory creates order from disorder. All of these things right here are a disaster executive's leaving. This is a complete disaster.
Employee, freakouts, hiring freeze the change, slash code freeze right here. You can't even work at twitter right now, because you can't change any of the code unless you're breaking the rules. You can't even change any of the code right now. The stock fluctuations perrag going mia, not even tweeting on twitter anymore, the bot problem.
All of this is chaos and again folks, chaos is the goal here. Chaos is the goal, go to metkevin.com public and get yourself a free stock up to a thousand dollars. Elon is a winning here and if you want to learn how to win yourself, make sure you go to metkevin.com join check out the courses on building your wealth link down below use that coupon code down below we go live every day that the market is open. We do fundamental analysis.
We do great things together. I'm excited to see you there and folks we'll see in the next video. If you found this helpful. Consider sharing it thanks.
Bye.
You were mentioned on Tim Poole. Good feedback.
Dont really undersstand why twitter is green today
Why do I feel like Elon had something to do with the Texas AG getting involved??
I would love to see Elon bankrupt Twitter and walk away. How funny would that be?
I would like to petition that you not call this tactic chaos theory. Chaos theory is an already well defined science/math term that has nothing to do with business tactics. It bothers me when people conflate certain social or even philosophical ideas with well defined science/math terms to presumably make them sound better.
Next Elon Musk going to start selling NFT to create more CHAOS.
All the people on twitter getting upset about others saying that the deal doesn’t have to go though are probably the same people who bought in at $50 to arbitrage the $4 and are upset because their down 20%+
We just hate all the stupid adds in your videos, I pay for YouTube premium so I don’t have to listen to the none sense yet I still have to listen to to you advertising garbage
Kevin sounding like the joker talking about “chaooooos” should have dressed up
At this rate Elon is going to lose more than 1 Billion in TWTR stock devaluation if this gets out of hand. If it isn't about the money maybe he should just lose the 1 Billion and tank the stock price with a 9% stake sale of the company and move onto creating his own platform. Elon has options.
So blow up a company and have families loose jobs. Thats the goal.
Winning got it
Elon’s reply is a total notice me senpai moment for Kevin 😂
The category of Finance in YouTube is the best Telenovela ever!!!!! Come for the trades stay for the drama!
Damn right you have haters Kev!! Tom being one of them earlier this morning.
This opens the door to Facebook falsifying their user count. I sell on FB and I get messaged from 99 bots and 1 customer. Literally. I’m guessing FB has 30%-40% bots. Yet they charge for advertising and selling, as thought there are no bots. Bots don’t buy things and bots don’t watch advertisements. Let’s bring out the truth about these companies. Their user base numbers are complete BS.
Bring out the ten thousand dollar Tesla oops we can't because we no longer trade with other countries.
Nobody has Elon Musk’s back like Kevin does. Complete egomaniacs have to stick together
I love these people acting like they know the contract and haven’t read it
Dang…..you have more videos than Blockbusters
Why so many short video and them ads ……..
It’s just not the meet k anymore
bunch of people working at Walmart trying to correct MeetKevin🤡
kevins videos are just trash now. Lighting sucks aswell
your reply was cringey, act like you've been there before, you were running for Governor of California at some point for christsakes!
Are you coming back to meet kevin live?? I miss the live streams…
Twitter shareholders will trash you, for obvious reasons.
Congrats on getting a reply from Elon Musk 🙂👍
This guy is Smart! because drama is what's making him money!
Elon is a drama Queen just like Trump! They thrive in mess like pork! 😂
Just because he have said to vote Republican, this is so funny.
That is super awesome Kevin, Elon Replying and agreeing with you
TDG #1 FULLSUPPORT
ELON & You getting lots more subscribes you well earned them with all the most important content completely to your viewers real fax