[turingbook]

Smart move. Tencent's investing but not controlling strategy make it good supporter of the new generation of ambitious entrepreneurs against AAAAF(Apple Alphabet Amazon Alibaba Facebook): - JD - Didi - Snap - Meituan-Dianping ……

[bpicolo]

> but not controlling strategy

I mean, they bought all of league of legends. Their primary driver is most likely "let's make money".

[turingbook]

Games are Tencent's backyard and cash cow.

[epynonymous]

not entirely true, i imagine wechat is a huge advertising platform for the as well.

[yeukhon]

I am not following. Who are the new generation of ambitious entrepreneurs?

[tzakrajs]

I guess Elon? He's no spring chicken, but certainly ambitious and an entrepreneur.

[yeukhon]

Okay, but that's kind of an unfair comparison since Facebook, Google are corporations. Elon is a person. But if the point is tech founders should actively invest on their own outside of their company, okay that's fair. I am not sure how often Jack Ma, Mark Zuckerberg or Jeff Bezos invest in for-profit companies outside of their company's investment arm, but I think they do.