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> I feel like in a decade us Europeans will be sitting around wondering why we sold off promising startups to China like we did US tech companies the previous d
by HWR_14 5y ago
> I feel like in a decade us Europeans will be sitting around wondering why we sold off promising startups to China like we did US tech companies the previous decade.
While what you're saying is true, might it be a brilliant time to sell a chunk to Tencent? If you believe that China is likely to invade Taiwan soon, and western countries will respond by freezing any Chinese assets overseas (see: Russia/Ukraine), might this be a great way to pocket cash and then have the equity revert back to you in a few months?
That said, Tencent seems to own a chunk of most important private tech companies and most mid-level game companies.
- pankajdoharey 5y agoWestern countries will respond by being frozen, i dont think west has power anymore, especially after their exit from Afghanistan.