Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
Dwolb
on Jan 12, 2021
|
parent
|
context
|
favorite
| on:
Visa and Plaid Abandon Merger After Antitrust Divi...
Maybe he wanted to tank the deal once they figured out Plaid scrapes financial portals instead of integrates with them.
chishaku
on Jan 13, 2021
[–]
because you sign a 5b deal and then do due diligence
hntrader
on Jan 13, 2021
|
parent
|
next
[–]
not exactly the same situation but it happened with NKLA and GM, insufficient due diligence on what was vaporware. mistakes like that can happen.
skinnymuch
on Jan 13, 2021
|
root
|
parent
|
next
[–]
That’s not the same at all. GM wasn’t losing anything in their original NKLA deal. While Visa would have spent billions.
Dwolb
on Jan 13, 2021
|
parent
|
prev
[–]
Yes?
There are several iterations to deals that size with increasing levels of scrutiny.
Consider applying for YC's Winter 2027 batch!
Applications
are open till November 2.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
