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Wouldn't that fact be very important for a valuation of the company?

Perhaps this was the source of the panic? Would user numbers be subject to auditing in cases like this?

I wouldn't be surprised if Musk turns around and lowers his bid. At least that's what I would do. But maybe he wants the company so much that he won't contest it.

Musk’s offer explicitly didn’t demand this kind of data. I assume he figured that Twitter’s statements about its finances, number of users, growth, etc. were reliable and he didn’t need to do any additional due diligence. I thought it was reasonable at the time, and now I think he’s feeling some regret.

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