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For those who claimed Chinese cash is toxic, let me ask you an important question: what about Softbank's cash that primarily coming from Saudi? What about the I

by devy 7y ago

For those who claimed Chinese cash is toxic, let me ask you an important question: what about Softbank's cash that primarily coming from Saudi? What about the Ivy League schools' endowment money donated by "morally unethical"(including but not limited to middle east) sources? Are you not going to send your children to Ivy League schools?

robbrit 7y ago
Japan (where Softbank is from) and Saudi Arabia are not geopolitical rivals to the USA. China is. This isn't about morality.
techer 7y ago
National security Vs not
leroy_masochist 7y ago
I think the assertion that Chinese cash is toxic is not so much because of bad things that Chinese do to their own citizens; it looks like the point you're trying to make is that Saudis : Khashoggi and gay people :: China : Uyghurs and Tiananmen, or something of that nature. Rather, the claim of toxicity stems from the perceived tendency for Chinese investors to be difficult LPs and steal intellectual property both pre-deal during diligence and post-deal once they are in the capital structure. There's an additional perception of 'toxicity' in terms of the way that having Chinese investors might limit a company's ability to procure US Gov contracts, which is getting tighter under this administration, as described in the article. The comparison to sending your kid to an Ivy League school makes no sense to me whatsoever, seems like a total non-sequitur.
- elefanten 7y ago
  No reason for this to be downvoted. IP theft/strongarming and sales opportunities are the more likely concerns from the entrepreneur/business side. Some people are taking the moral stance, but TFA lines up with parent comment well
gnome_chomsky 7y ago
You're posting Whataboutisms. It's not all or nothing.
nostrademons 7y ago
"Toxic" in this case isn't referring to morally questionable - it's referring to "nobody wants it". There are many sources of cash (most of them, probably) that some people would consider morally questionable. People still want most of them. The article is referring to a phenomena that's a level up from that, where the cash brings with it enough practical problems that it's not worth taking.

by devy 7y ago

robbrit 7y ago

Japan (where Softbank is from) and Saudi Arabia are not geopolitical rivals to the USA. China is. This isn't about morality.

techer 7y ago

National security Vs not

leroy_masochist 7y ago

I think the assertion that Chinese cash is toxic is not so much because of bad things that Chinese do to their own citizens; it looks like the point you're trying to make is that Saudis : Khashoggi and gay people :: China : Uyghurs and Tiananmen, or something of that nature. Rather, the claim of toxicity stems from the perceived tendency for Chinese investors to be difficult LPs and steal intellectual property both pre-deal during diligence and post-deal once they are in the capital structure. There's an additional perception of 'toxicity' in terms of the way that having Chinese investors might limit a company's ability to procure US Gov contracts, which is getting tighter under this administration, as described in the article. The comparison to sending your kid to an Ivy League school makes no sense to me whatsoever, seems like a total non-sequitur.

elefanten 7y ago
No reason for this to be downvoted. IP theft/strongarming and sales opportunities are the more likely concerns from the entrepreneur/business side. Some people are taking the moral stance, but TFA lines up with parent comment well

gnome_chomsky 7y ago

You're posting Whataboutisms. It's not all or nothing.

nostrademons 7y ago

"Toxic" in this case isn't referring to morally questionable - it's referring to "nobody wants it". There are many sources of cash (most of them, probably) that some people would consider morally questionable. People still want most of them. The article is referring to a phenomena that's a level up from that, where the cash brings with it enough practical problems that it's not worth taking.