--- title: "Elon Musk Trolls With the Twitter Share | Ivan Puopolo and Mikael Vuorinen | Negotiator 132" titleOriginal: "Elon Musk trollaa Twitterillä | Ivan Puopolo Mikael Vuorinen | Neuvottelija 132" episodeNumber: "132" guest: "Ivan Puopolo, Mikael Vuorinen" datePublished: 2022-04-15 duration: "13:43" youtube: "https://www.youtube.com/watch?v=Ig-uyS2O3v0" originalLanguage: "fi" topics: ["ma_exits","free_speech_society"] subtitleMethod: "none" provenance: "Owner page assembled from YouTube metadata and the neuvottelija.fi episode record. The publisher published no chapter marks for this episode, so none are listed here. No transcript is published either — the channel has no English caption track for this episode and the Finnish one is YouTube's automatic track. Two things belong on the record. First, the episode was recorded days after the offer was announced and its central conclusion — that the bid was not serious — was wrong; the deal closed that October, and the host corrected himself on air in EP403. Second, the episode is a professional reading of a live transaction by people with no access to either side, and nothing in it is investment advice." fiCanonical: "https://www.neuvottelija.fi/fi/episodes/175-elon-musk-trollaa-twitterilla-ivan-puopolo-mikael-vuorinen-n" canonical: https://www.neuvottelija.com/podcast/episodes/ep132-elon-musk-trollaa-twitterin-osakkeella-ivan-puopolo-mikael-vuorinen/ --- # Elon Musk Trolls With the Twitter Share | Ivan Puopolo and Mikael Vuorinen | Negotiator 132 English subtitles are not available on this page. This is an episode summary, not a curated transcript. ## Summary Recorded in April 2022, days after Elon Musk's 54.20 dollar public offer for Twitter. Sami Miettinen assesses the bid through an investment banker's eyes and criticises its execution: the board was not approached beforehand, shareholders were not committed under a non-disclosure agreement, the disclosure obligation on a nine per cent stake was missed, and the decimals of the price were a joke. Ivan Puopolo and Mikael Vuorinen work through platform free speech and how far a private company's right to set its own rules extends. The episode's own conclusion — that the bid was trolling — did not survive contact with events, and the host says so out loud in episode 403. ## The process criticisms were right No prior approach to the board, no shareholders locked up under an NDA, a missed disclosure deadline on a nine per cent stake, and a price whose decimals were a joke. Every one of those is a real defect by the standards of how a public bid is normally run, and the episode identifies them correctly. ## And the deal happened anyway Which is the part worth sitting with. A bid can violate most of the conventions of the profession and still complete, because the conventions exist to manage risk for the bidder rather than to gate the transaction. Reading the breaches as evidence of insincerity was the inferential step that failed. ## The correction This page keeps the wrong call rather than smoothing it out. The host revisits it directly in EP403, and an archive that quietly edits its forecasts is worth less than one that does not. ## Watch The recording lives on the Neuvottelija channel: [Elon Musk trollaa Twitterillä | Ivan Puopolo Mikael Vuorinen | Neuvottelija 132](https://www.youtube.com/watch?v=Ig-uyS2O3v0). A Finnish edition of this episode is published at [www.neuvottelija.fi](https://www.neuvottelija.fi/fi/episodes/175-elon-musk-trollaa-twitterilla-ivan-puopolo-mikael-vuorinen-n). ## In depth The Neuvottelija AI editions carry a long-form write-up of this episode: [English](https://www.neuvottelija.com/ai/ep132-elon-musk-trollaa-twitterin-osakkeella-ivan-puopolo-mikael-vuorinen/) · [suomeksi](https://www.neuvottelija.fi/economy/ep132-elon-musk-trollaa-twitterin-osakkeella-ivan-puopolo-mikael-vuorinen/). ## Explore the ideas in depth - [How to Sell a Company in Finland: An M&A Banker's Guide to a Clean Exit](https://www.neuvottelija.com/guides/how-to-sell-a-company-in-finland/): A practical guide to selling a company in Finland and the Nordics — the process phase by phase, share deal vs asset deal, valuation, due diligence, buyer types, deal structures, taxes on the sale, minority squeeze-outs and the ownership context that shapes every exit. Grounded in Neuvottelija conversations and Translink M&A practice. - [Nordic SaaS Valuation & M&A: How AI Reprices Software Companies](https://www.neuvottelija.com/guides/nordic-saas-valuation-and-ma/): How software companies in the Nordics are valued and sold as AI moves inference into the cost of goods sold — where multiples stand in mid-2026, the metrics that get repriced, why vertical SaaS defends its premium, AI due diligence, and the shift from seats to outcomes. Grounded in Translink's SaaS valuation work and Neuvottelija conversations. - [Private equity in Finland: active ownership, growth and AI-assisted investor relations](https://www.neuvottelija.com/guides/private-equity-finland-active-ownership-and-ai/): A practical guide to venture capital, growth and buyouts, ownership economics, risks and investor communication — with Pia Santavirta’s Neuvottelija 94 interview and Sami Miettinen’s March 2026 FVCA workshop. --- Cite as: Sami Miettinen, Neuvottelija — Elon Musk Trolls With the Twitter Share | Ivan Puopolo and Mikael Vuorinen | Negotiator 132, https://www.neuvottelija.com/podcast/episodes/ep132-elon-musk-trollaa-twitterin-osakkeella-ivan-puopolo-mikael-vuorinen/, 2022-04-15. For quotes include episode 132 and timestamp.