Re:Living up to our values and the Neutrino acquisition
by paxys on Tuesday March 05, 2019 @12:07AM
(#19308238)
"We had a gap in our diligence process". This is the most bullshit line in the entire statement. Like, you didn't Google top executives of the company you decided to buy (CEO, CTO, CRO) and read the first articles that popped up?
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Re:Living up to our values and the Neutrino acquisition
by wjnc on Tuesday March 05, 2019 @02:07AM
(#19308672)
And in real business we spend up to millions in external legal advice to audit and enhance our compliance officers work. I am amazed that in this sector even the advisors don't seem to have M&A experience. This is basic vetting, or... a calculated risk with the expected outcome.
Re:Living up to our values and the Neutrino acquisition
by ForHackernews on Tuesday March 05, 2019 @07:30AM
(#19310081)
Everything in cryptocurrencies is like this. It's a recursive pyramid scheme of clowns selling nonsense to chumps all the way down.
Re:Living up to our values and the Neutrino acquisition
by stumbellina on Tuesday March 05, 2019 @04:03PM
(#19314214)
Calculated risk.. they knew exactly who they were working with and what their backgrounds were.
They needed the tech.
Now the HT/neutrino guys have done the post acquisition integration and now are free to move on to their next venture.
Re:Living up to our values and the Neutrino acquisition
by stumbellina on Tuesday March 05, 2019 @03:53PM
(#19314130)
Laughably so