Facebook to buy $100M small business invoices owned by women and minorities (opens in new tab)

(cnbc.com)

4 pointsakouri4y ago5 comments

5 comments

5 comments · 3 top-level

bryan_w4y ago· 2 in thread

Seems like a win/win situation to me

Until they buy your student loan debt.

Why would that be any worse? If I owe $100, I still repay $100. Facebook can't change the terms of a previous agreement

That’s a big PR spin to position becoming a debt collection agency into helping women and minorities.

Whatever FAANG companies are becoming, it seems more like digital sovereigns than companies.

j / k navigate · click thread line to collapse