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Cake day: June 14th, 2023

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  • HakFoo@lemmy.sdf.orgtomemes@lemmy.worldMaybe someday
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    12 hours ago

    A forced sale guarantees ByteDance gets a fire sale price. If there’s any way forward that allows them to sell not-under-duress, there’s a chance for far more upside.

    That works even for pure economics game theory, aside from wanting to continue in what they built on principle/commitment/interest in the project.

    Would Zuck give up Facebook for the right price? Would he give it up for a highly discounted price of a rush sale?