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A positive image to invest in Bay Area companies with products that are going nowhere, rather than investing in his own people in his own country???
by ulfw 13y ago
A positive image to invest in Bay Area companies with products that are going nowhere, rather than investing in his own people in his own country???
- hhandoko 13y agoYes, believe it or not. Path's brand image is still relatively intact in Indonesia, as compared to USA (where the privacy concerns has tarnished it). It's all to do with one's status, and Indonesian election is more or less a popularity contest. Of course, you'd get more points in investing in a household name (i.e. Path), especially being a 'Western' company. The effect is similar to Erick Thohir's [1] stake in Intermilan, D.C. United, and 76ers. He's probably more popular than the President right now ;) [1] - http://en.wikipedia.org/wiki/Erick_Thohir http://en.wikipedia.org/wiki/Erick_Thohir
- ulfw 13y agoWow. Really interesting. And really sad, if you think about it. But okay...