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YouTube’s new roadmap, OpenAI & BeReal fundraising news, Snap’s 30% drop + OK Boomer | E1592
This Week in Startups
Is There a Share Buyback Going On?
The company priced the buyback at US $155 per unit for current staff up from US $142 in an April repurchase. The entire company is controlled in China and then the Americans have no say in anything going on over there. So as I said on Twitter you don't need to have a smoking gun to know that this is too high of a risk factor to in any way do this. This is somebody inside of tiktok told me this in the past. And we can make your best guess at it.
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