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That's unexpected. Then again, 1.8B is a lot of money for what I'm guessing is a small number of major shareholders. After seeing how Tencent purchased gaming
by falcolas 5y ago
That's unexpected. Then again, 1.8B is a lot of money for what I'm guessing is a small number of major shareholders.
After seeing how Tencent purchased gaming companies have fared (that is, typically with few changes), this probably won't have much of a negative impact on the site.
- tyrust 5y agoTencent isn't the buyer. Prosus, a Tencent investor, is.
- johannes1234321 5y agoTrue, but they have a large enough stake in Tencenz to have relevant impact on Tencent's acquisition culture.
- robbyking 5y agoI may be being a little more optimistic than some other people here, but I agree with you. There's a history of larger companies acquiring smaller ones only to ruin them (ahem, Yahoo), so hopefully Prosus understands what makes Stack Overflow so successful and will be mostly hands off. (Also, I'm not sure when Prosus acquired Udemy, but as far as I know that acquisition didn't negatively affect that site.)
- ibrahimsow1 5y agoThey're south african and a huge holder in tencent. Edit: Memory failed me, the parent company is south african.