I'm pretty sure that was a money-laundering scheme disguised as some silicon valley-esque startup
considering some of the half baked shenanigans I've seen conducted in SF that actually raised funding back when I was there. this would explain a LOT...
Im kinda with the other reply, sneak. Isnt softbank a Japan/asian based cartel? From the first articles I can find they just cost saudia some money (not to say it wasnt laundered ... maybe they bought some softpaintings?)
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I'm pretty sure that was a money-laundering scheme disguised as some silicon valley-esque startup to not trigger alarm bells with institutions
considering some of the half baked shenanigans I've seen conducted in SF that actually raised funding back when I was there. this would explain a LOT...
I'm pretty sure it was not: there's much more effective ways to launder money than a high profile startup
That would be a perfect cover up considering it’s not that unheard of with their investor: https://www.theinformation.com/briefings/c4d82a
isn't all of softbank a money-laundering scheme? it's just kingdom of saud buying influence in the west.
Im kinda with the other reply, sneak. Isnt softbank a Japan/asian based cartel? From the first articles I can find they just cost saudia some money (not to say it wasnt laundered ... maybe they bought some softpaintings?)
Your second sentence contradicts your first.
I don't see how one would do that. Mind expanding? You won't turn out dividends and salary sounds highly taxed
It's really not that deep