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I'm thinking being terminated with cause will have a negative effect on the Otto transaction. Did they just hand him $680M on day one? I think deals like this a

I'm thinking being terminated with cause will have a negative effect on the Otto transaction. Did they just hand him $680M on day one? I think deals like this are structured with progress payments, milestones and maybe incentives for hitting milestones early.

ProAm 9y ago
I dont think it matters if Uber failed to do proper due diligence, once the paperwork is signed it's pretty much a done deal.
- smileysteve 9y ago
  Fraud tends to be able to be pursued civilly. (And if he sold Uber a bunch of IP that he didn't own, then that's textbook fraud)