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> There's no way to simply back out of a very public offer for a major social app without litigation that costs time out of your life

$1B is a lot of money…he has obviously determined it’s well worth it to spend a few million in legal fees to try. Even if they settle (which more than >90% of cases do) maybe he cuts that penalty in half…even if he knocks 10% of financially it’s well worth it. Even if he loses and ends up paying his legal fees and their legal fees its clear he has determined it’s well worth it.




He’s not on the hook for $1 billion. That was just a break up fee if he couldn’t secure financing. He’s on the hook for the entire deal value.




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