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by toomuchtodo 956 days ago
You'd want to wait to be part of recapitalization after a reorg is required. The deal is made on the buy, not buying someone else's bags.

EDIT: See gosub100's comment [1].

(not investing advice, educational purposes only)

[1] https://news.ycombinator.com/item?id=38206727

2 comments

I have a feeling this one’s a bit different, the operating costs to keep that ball of one-off technology running have to be insane.
Sure sounds like investing advice
Yes, but they’ve said it isn’t, which is apparently sufficient even if you run an ad saying “InvestCo is great, you can make a ton of money from them [terms & conditions apply, you may actually lose money instead, not investment advice]”
It's a silly affectation rooted in lawyers commenting about a generality in a context where specifics might be inferred.
Not English, just looks like it. Assume meanings of words at your own risk.