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A comment on Red Ventures has turned very specific advice into very big business. Parent comment
Apparently APlaceForMom was #1 in the market and Caring.com was #2 and the FTC feared that having the same stockholders owning majority stakes in both companies would lead to data sharing and essentially be market consolidation.
So RV sold off their $1.4B investment.
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Apparently APlaceForMom was #1 in the market and Caring.com was #2 and the FTC feared that having the same stockholders owning majority stakes in both companies would lead to data sharing and essentially be market consolidation.
So RV sold off their $1.4B investment.