> Sure, he worked at Baidu and led a team there, but this is a LOT of money for a very small chance at anything competitive. There's much more macroeconomics/g

> Sure, he worked at Baidu and led a team there, but this is a LOT of money for a very small chance at anything competitive. There's much more macroeconomics/geopolitics at play on this one and likely more behind the scenes action than anyone here has knowledge of. Honestly, I don't question what Chinese investors do anymore. They don't play by the same rules as everyone else - they expect lower returns than western firms, they want to get their money out of china and into the US, many of them have political ties, they use capital as a means of status/power (at the expense of financial ROI), and god only knows what is happening behind the scenes in terms of digital espionage.