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Mojang was bought with money that can't easily be repatriated. Same as Skype, which was purchased with dead money.
by RyJones 12y ago
Mojang was bought with money that can't easily be repatriated. Same as Skype, which was purchased with dead money.
- alecco 12y agoIf rumors/leaks are true, the Skype investment was going to be rewarded by 3 letter agencies via contracts and who knows what else.
- JamesBarney 12y agoI think 8.5 billion dollars of extra work is very hard to award. I think there are very few people if any people in the U.S. government who could credibly promise to award 8.5 billion dollars of work which Microsoft could bid on.
- scholia 12y agoThis is still overseas cash, for which it otherwise doesn't have much use. What's it doing with its spare US cash, which is real money? It's using it to buy back its own shares. Buying Skype, Nokia and Minecraft is gambling, but what are the odds that one of these will ultimately move the share price more than buying back a few shares?