3 ms·

> I think everyone is reading way too much into this. Sure there is some circular transactions that are sus, but this ain't it. Let us pin this comment and see

• fragmede 4mo ago
  Let's say it does all collapse. How would we know it's the 5-6% stake (which in my mind doesn't make them a "major shareholder") that was a circular deal that was the fall of the house of cards vs some other segment?
  • bastawhiz 4mo ago
    It doesn't even have to be circular. One company is juicing another company's valuation to make their stake worth more. Down the road they'll sell their stake, end the deal, and leave everyone else holding the bag. Nothing about this deal is about better technology or talent. It's about an opportunity that's too juicy for Google to pass up on.
  • senordevnyc 4mo ago
    When has that kind of nuance ever stopped an angry mob with an axe to grind?