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by awillen
1408 days ago
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The problem is that Neumann walked away with an absolute fortune, leaving investors and much more importantly employees holding the bag. He operated with what could charitably described as accounting methods of questionable ethics. If this investment has some term that makes it so Neumann does not personally see one penny of this money unless the company is wildly successful and everyone else involved gets paid first, maybe it'd be worth considering. Instead, there is a very likely outcome here where he takes home tens to hundreds of millions while once again doing nothing of actual substance to change the market. Basically, he's a huckster who enriched himself at the expense of others. People tend to root against people like that, and they don't like it when they're handed huge sums of money. |
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