70 points

Never give these rich assholes credit unless there is an airtight contract for payment.

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63 points

There is no such thing as an airtight contract when dealing with Musk. He simply ignores it until you sue.

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52 points

Same thing as Trump.

Doesn’t matter how perfect your contract is, as long as they can afford to fight the lawsuit longer than you you’re gonna lose.

You’d think people would learn to not contract with these assholes at all.

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15 points

You just have to work in legal costs to anything you do. Call it an asshole tax

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6 points
*
Deleted by creator
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14 points
*

“The components used to build the products are largely unique to the products, resulting in long lead times for ordering such component parts from suppliers,” and Twitter must give “written approval for Wiwynn to purchase the necessary components to manufacture the customer products…and expressly assumed liabilities for the procurement costs.”

So basically they were bespoke servers that are great for Twitter, custom designed, and definitely aren’t easy to just resell elsewhere, so because Twitter isn’t paying, the IT company is eating the loss right now

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12 points

Never give these rich assholes credit unless there is an airtight contract for payment.

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10 points
*

Cash on delivery is extremely rare in the business world, especially when dealing with enterprise customers. While I have no doubt many of Twitter’s vendors have recently switched to COD, that is not the norm.

These types of relationships typically work on anywhere from 30 to 90 day terms, depending on the vendor, client, and their history.

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-1 points

That might be true, but I think the point is that maybe it shouldn’t be rare (especially when dealing with these guys).

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1 point
*

That wasn’t their point. They assumed that billing terms aren’t already predicated upon an “airtight” contract. I’m not sure how they’re defining airtight, but a contract is a legal agreement, and when there’s a dispute, those get addressed in court, such as this, right now.

This misunderstanding isn’t entirely unreasonable. If someone hasn’t dealt with these types of transactions in a business setting, it’s not reasonable to expect them to understand how they work, or why they function like that.

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5 points

Payment up front, in non negotiable bearer bonds.

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67 points

That’s how his Department Of Government Efficiency will save billions.

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31 points
*

Seems aligned with Trump’s habit of shafting his sub-contractors.

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15 points

Which is what Trump wants, as he also publicly admits he just doesn’t pay bills if he doesn’t feel like it.

Looking forward to all the lawsuits between the two should he lose.

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51 points

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42 points

“Your Honor, the board voted to pay this guy a salary of nearly that amount - per day. If it would please the court, fuck this guy and the board and please make them pay their bills.”

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19 points
*

“Your honor, rather than pay his outstanding debts, this shiftless f***wit used 75 million dollars to fund a SuperPAC to bother people at their homes for the benefit of the Trump campaign.”

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4 points

Different board. That was Tesla, not Twitter.

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34 points

Paying bills is for poor people. Rich people don’t need to do that. How would they stay rich?

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