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A comment on Stack Overflow sold to Prosus for $1.8B. Parent comment

Re:Stack Overflow sold to Prosus for $1.8B by xkjkls on Wednesday June 02, 2021 @03:58PM (#27373328)
Most of what I read previously about this has to do with a lot of uncertainty about how the Nasper's stake in Tencent will eventually be taxed or how the value will be extracted, and a lot of uncertainty about South African business in general.

Note that Prosus, which is a subsidiary almost completely owned by Nasper (they have a small amount of public float), is worth close to $180 billion, which is much closer to the Tencent holding value. This reflects that people are much more confident of Dutch business than of South African business, and there probably is every right to be.

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Re:Stack Overflow sold to Prosus for $1.8B by skinnymuch on Wednesday June 02, 2021 @04:20PM (#27373585)
They are trying things. I read an article recently where they’re going to try lowering Naspers impact in South Africa as such a giant part of the market and other lower valuation issues for both companies by exchanging or buying one anothers shares so both companies will own sizeable portions of each other. Versus right now it only goes one way.
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