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It's not just a couple, and the way they did it is notable. They over-capitalized companies in key sectors like logistics, transportation, robotics, etc. They
by askafriend 7y ago
It's not just a couple, and the way they did it is notable. They over-capitalized companies in key sectors like logistics, transportation, robotics, etc.
They pumped in hundreds of millions of dollars per round of funding even when the company might not have needed it (with the threat being "we'll heavily fund your competition if you don't take our deal). Their thesis was to monopolize a few sectors with sheer money and scale.
We're now seeing the effects of that strategy play out.
- perl4ever 7y ago"with the threat being "we'll heavily fund your competition if you don't take our deal" Well, I've read that in some cases, they heavily funded the competition anyway. Which is something else people made fun of them for.
- askafriend 7y ago> Well, I've read that in some cases, they heavily funded the competition anyway. This was the case with their investments in ride-sharing companies globally.