Twitter is figuratively dragging Elon Musk’s friends to court.
The Washington Post reported that Twitter asked Musk’s friends for “checklists, timelines, presentations, decks, organizational calls, meetings, notes, recordings” and any information about bot or spam accounts on the platform.
The investors Marc Andreessen and David Sacks are the subpoenaed buddies. Jason Calacanis is a venture capitalist. Chamath Palihapitiya is also a Venture Capitalist.
Joe Lonsdale, another associate of Musk’s, also received a subpoena but said he had “nothing to do” with the transaction.
“I have nothing to do with this aside from a few snarky comments, but got a ‘YOU ARE HEREBY COMMANDED’ document notice,” Lonsdale tweeted. In the same tweet, he said the subpoena was part of a “giant harassing fishing expedition.”
Twitter said it was going to sue Musk after Musk had withdrawn. NewsBusters in July reported that Musk is concerned about spam accounts.
“Musk asked Twitter CEO Parag Agrawal to show evidence of Twitter’s claim that less than 5 percent of its accounts are fake or spam accounts before following through with purchasing the platform, according to a May 17 tweet. Musk stated that he believes 20 percent of platforms accounts are fakes or spam.
Information on Twitter’s fake or spam accounts is fundamental to Twitter’s business and financial performance and is necessary to consummate the transactions contemplated by the Merger Agreement because it is needed to ensure Twitter’s satisfaction of the conditions to closing, to facilitate Mr. Musk’s financing and financial planning for the transaction, and to engage in transition planning for the business,’ the letter from Musk’s legal team says. “Twitter has failed or refused to provide this information.’”
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