Miscellaneous News
- Thread starter bd popeye
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or as they say in Honduras:
la venganza es un plato que se sirve mejor con huevos de té.
Im guessing that could could be in parts of the UK
You guys all laugh at it now but there is much wisdom in what I said. Let's compare and contrast two famous divorce situations, which in my opinion reflects the Chinese way and American way respectively.
The first would be the Wendi-Murdoch divorce. Sure the thing ended in a very ugly manner but Wendi had the wisdom to take the settlement money and pretty much disappear from the public eye afterwards. Smart move. Now she is set for life and has retired with a lifelong supply of strapping young studs.
In contrast, Amber Heard was not content with merely taking Depp's settlement money. In what appears to be a text book case of zero-sum she actively sabotaged Johnny Depp's career, tanking his reputation and making it impossible for him to land a gig. She did so despite the fact she wouldn't have a career without Depp, and even after the divorce Depp campaigned hard for her to get her largest role to date -- Mera in Aquaman. This made the situation extremely personal. Depp did not need money from additional roles, but since now he is completely pissed off he leveraged his immense financial and legal resources to completely destroy Amber Heard's career.
The moral of the story is -- don't drink your own koolaid and think yourself invincible. It takes a wise nation to appreciate what you got and rid off into the sunset.
back in 2015 DJI wanted to partner with GoPro and split profits 50/50
GoPro CEO got racists greedy and wanted 75%
The rest is history
The disappointing part is that the Chinese are not investing in ventural captial to own their companies. Nearly all the big public Chinese companies alibaba, tenent are majority foreign "owned" at least in stock wise.
This is to try and keep America sedated until its "rug pull" time...
Richard Li was shortsighted and sold Tencent shares in the early days. If not Richard Li would be the biggest shareholders of Tencent. As for Alibaba, even though Softbank was the first major investor but Alibaba's decision to take over Yahoo's operation in China and 1 billion investment was the reason why Yahoo at that time owned 40% of Aliababa. TikTok doesn't want Tencent or Alibaba's investment and preferred foreign investors and venture capitals was the reason why 60% shares are foreign owned.
In the end of the day, China doesn't have venture capitalists in early 00s and 10s. Most State owned companies only want to invest in manufacturing in order to create jobs. Companies especially those in new industries have to seek investment from foreign sources. More importantly, many investment also gives these companies' accesses to technology, expertise, and finance. That's why even now many Chinese companies still trying to get foreign investment even though there is Chinese alternatives. Beside, you really think that isn't what these founders prefer by having foreign investors, register in Cayman Islands and listed in the US.
Also why Huawei and many major Chinese companies in the sensitive areas don't have foreign investors or list in the US. Think about it.