Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by dheera on Friday September 04, 2020 @10:00PM
(#24380805)
That too is a problem. The public shouldn't be the ones to decide whether or not we trust self-driving cars as a society. Science and hard data should decide that. Valuations should be determined accordingly, based on that science. In this particular case, the valuations of the entire self-driving industry should have been pegged by experts in the industry while the valuation of Uber should have been knocked down for negligence.
Trusting the public to set valuations on a per-trade basis directly results in the heavy hands at the likes of SoftBank scooping up full control.
Trusting the public to set valuations on a per-trade basis directly results in the heavy hands at the likes of SoftBank scooping up full control.