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E99: Cheating scandals, Twitter updates, rapid AI advancements, Biden's pardon, Section 230 & more
All-In with Chamath, Jason, Sacks & Friedberg
Is Elon Overpaying?
Elon Musk is trying to buy Twitter for $42 a share. Some say the stock should be at like 20 bucks a share or something. The average premium in an M&A transaction in the public markets is about 30%. He paid 20% more than he should have, but he didn't pay 100% more.
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