In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.

  • P03 Locke@lemmy.dbzer0.com
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    3 days ago

    Going private could have been a net positive. But, not from venture capitalists, and certainly not from the Saudis.

    Also, taking on this much debt as part of the buyout is just asking to be gutted and carved out, complete with record-breaking layoffs.