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Re:John Carmack Leaves Meta by JumpCrisscross on Saturday December 17, 2022 @01:24AM (#34025365)
> as it comes after a (reverse) merger

The answer to almost every modern financial wizardry is M&A. Sure, a DCF yields the theoretical value of a stock’s stream of cash flow. But in reality, M&A secures that lower bound. Yes, an efficient firm may reduce headcount willingly. But in reality, M&A provides the culture shock.

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