News for hackers. Stuff that matters.
Re:23andMe to merge with VG Acquisition Corp. to become publ... by dehrmann on Friday February 05, 2021 @01:02PM (#26039238)
I don't see anything especially wrong with them and what they do because they're really just a way around the IPO paperwork and restrictions. Usually, a lot of that feels like a formality, but it did surface some interesting things about Wework. That said, it's a bet on the team, and you have no idea what they're going to find. It's a little like investing in a less-diversified, late-stage venture fund.
Re:23andMe to merge with VG Acquisition Corp. to become publ... by itsoktocry on Friday February 05, 2021 @08:15PM (#26043205)
>they're really just a way around the IPO paperwork and restrictions

Is this really where we are at?

>Usually, a lot of that feels like a formality, but it did surface some interesting things about Wework.

WeWork was one in a long list of these jackpots.

Re:23andMe to merge with VG Acquisition Corp. to become publ... by r00fus on Friday February 05, 2021 @02:03PM (#26039942)
The investing public loses out on valuable information. It's an end-run around disclosures.

That's not a good thing.