Yeah, the idea that if an offer is not twice the IPO price it's not a good offer... | Hacker News

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		JacobThreeThree on April 14, 2022 \| parent \| context \| favorite \| on: Elon Musk makes $43B unsolicited bid to take Twitt... Yeah, the idea that if an offer is not twice the IPO price it's not a good offer, doesn't make much sense.

hackernewds on April 14, 2022 [–]

Right it's baseline off the current price. Things have changed since IPO (for the worse for Twitter)

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