5 ms·
"With the financial world anxiously awaiting the start of Arm’s roadshow in the hopes that Son can reignite the flaccid IPO market, Son has decided that his chi
by goodmachine 3y ago
"With the financial world anxiously awaiting the start of Arm’s roadshow in the hopes that Son can reignite the flaccid IPO market, Son has decided that his chip-maker is worth $64 billion because Son agreed to buy a chunk of it from Son for that price.
In so doing, Son agreed to pay Son twice what Son sold it to Son for six years earlier."
https://doomberg.substack.com/p/arms-length https://doomberg.substack.com/p/arms-length
- incognition 3y agoLike they say, cash is king