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In the event of a sale, the loan remains and will either be paid out or carried on to the new owner.
by jee1shi 6y ago
In the event of a sale, the loan remains and will either be paid out or carried on to the new owner.
- marricks 6y agoThis is an extremely good point. So many small idealistic companies are bought out, with the "baggage" of a big loan anyone who did want to buy out Signal for profit would have to now pay 100 million dollars. If I had oodles of money I'd probably do this, "I'm just giving you this money now, but if you got bought up by someone without those same ideals they need to pay up.” Given it’s the former WhatsApp CEO even more reason to be skeptical.
- 3np 6y agoWhy the skepticism? Sounds great to me.
- andreareina 6y agoI'm reading it as, "Given it’s the former WhatsApp CEO [who's already been burned once, they have] even more reason to be skeptical [of acquirers holding to the values of the acquired]".