Reply to post:

'$5bn for Slack?! I refuse to pay!' You don't pay – and that's its biggest problem

fajensen Silver badge
Angel

.... and there's bugger all hope of ever getting a return on the investment.

Depends. Converting just 5% of 300 million USD of "Other Peoples Money into "My Money" would yield a pretty good R.O.I. For me at least.

I would bet that the venture vultures providing the funding charges about that in management fees. Going further into the Gray, one could also set up a side-channel providing in-sourced services like management consultancy. Maybe once could even buy Credit Default Swaps on the business's bonds (It requires that someone takes the other side of the bet - again with "Other People's MOney" - but - there is a 5-10% fee for someone to do exactly that also).

The world demands to be fooled, of course Capitalism and Markets will cater to that need.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019