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Re:Apple cancels work on electric car, shifts team to genera... by bluGill on Tuesday February 27, 2024 @03:45PM (#39529636)
Large companies often are significant investors in small R&D moonshots. Because they own a large part of the startup they can choose to buy it if the product turns out profitable, or they can sell. And since it is a separate investment when things go south they can stop investing and thus save money without appearing to let anyone go.

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