5 ms·

Do you have examples of such companies? I'm curious to see which industries they were in.

• slowmotiony 3y ago
  The boss of ARM China was fired by the company board, decided he has a different opinion on the matter, changed the locks to the office and just stopped communicating with the rest of the company. The chinese courts sided with him, then when SoftBank acquired them, the company staff just left, took all the IP and started a new company. https://www.semianalysis.com/p/the-semiconductor-heist-of-the-century https://www.semianalysis.com/p/the-semiconductor-heist-of-th... https://www.datacenterdynamics.com/en/news/ousted-arm-china-ceo-refuses-to-go-after-being-fired-again/ https://www.datacenterdynamics.com/en/news/ousted-arm-china-...
  • ametrau 3y ago
    To be fair it wasn’t actually retarded because no one could foresee China stealing arm’s IP.
    • red-iron-pine 3y ago
      is that sarcasm? China and stealing IP are like cookies and milk
      • ametrau 3y ago
        Yes it is sarcasm.
      • nebula8804 3y ago
        More like tea and baozi :P
        • red-iron-pine 3y ago
          youtiao and soymilk?
    • nebula8804 3y ago
      You miss 100% of the shots you don't take. China has taken that to heart lol.