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0 pointssiva72y ago0 comments

I'm pretty sure that was a money-laundering scheme disguised as some silicon valley-esque startup to not trigger alarm bells with institutions

0 comments

cultofmetatron2y ago

> I'm pretty sure that was a money-laundering scheme disguised as some silicon valley-esque startup

considering some of the half baked shenanigans I've seen conducted in SF that actually raised funding back when I was there. this would explain a LOT...

smabie2y ago

I'm pretty sure it was not: there's much more effective ways to launder money than a high profile startup

siva7OP2y ago

That would be a perfect cover up considering it’s not that unheard of with their investor: https://www.theinformation.com/briefings/c4d82a

notatoad2y ago

isn't all of softbank a money-laundering scheme? it's just kingdom of saud buying influence in the west.

thghtihadanacct2y ago

Im kinda with the other reply, sneak. Isnt softbank a Japan/asian based cartel? From the first articles I can find they just cost saudia some money (not to say it wasnt laundered ... maybe they bought some softpaintings?)

sneak2y ago

Your second sentence contradicts your first.

ParanoidShroom2y ago

I don't see how one would do that. Mind expanding? You won't turn out dividends and salary sounds highly taxed

FanaHOVA2y ago

It's really not that deep

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