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A comment on Facebook establishing a venture arm to invest in startups. Parent comment

Re:Facebook establishing a venture arm to invest in startups by stu2b50 on Saturday June 13, 2020 @01:06PM (#23510863)
Softbank is not a software company and probably isn't trying to copy and undercut your business in the future
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Re:Facebook establishing a venture arm to invest in startups by TeMPOraL on Sunday June 14, 2020 @05:25AM (#23516234)
Nah, they'll just fund your competitor as well, and pit you against each other to see who survives :).
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Re:Facebook establishing a venture arm to invest in startups by stu2b50 on Sunday June 14, 2020 @02:26PM (#23519981)
Even if that happens, that's fine. Softbank has no incentive for your business to fail. The company that dies, is more money out of the visionfund.

On the other hand, FB does have an incentive. Sure, they lose that investment, but they gain their own internal company that they own 100% of which has eaten your marketshare.

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