The Prof G Pod with Scott Galloway Special Report: Elon Surrenders?
Oct 5, 2022
In this discussion, Jason Stavers, Editor-in-chief of Prof G Media and a former corporate litigator, reveals the complexities of Elon Musk's acquisition of Twitter. They dive into the high stakes of Musk's legal battles, including crucial depositions that could shape the outcome. The conversation highlights Musk's compliance challenges and the pressures of ensuring platform integrity amidst legal scrutiny. They also touch on the financial turbulence surrounding the deal, driven by rising interest rates and shifting public perceptions.
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Deposition Pressure
- Elon Musk's decision to proceed with the Twitter acquisition might be influenced by the upcoming deposition.
- Depositions are uncomfortable and risky, especially for someone facing complex legal matters.
Past Deposition Behavior
- Elon Musk has a history of getting testy and snarky during depositions, such as in the SolarCity lawsuit.
- This behavior can be exploited by skilled investigators, leading to damaging admissions.
Letter's True Intent
- Elon Musk's letter to Twitter is not a firm commitment but rather a request for Twitter to halt legal proceedings.
- He wants them to "unilaterally disarm" while he maintains his options.