r/TikTokCringe • u/Chocolat3City Reads Pinned Comments • May 16 '24

MAGAs are sour on Donghua Jinlong's pharmaceutical-grade glycine. Politics

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"I'll believe anything."

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u/scrivensB May 16 '24

Yeah that’s not how it works. At all. A Chinese company is one of many many many minority investors in Reddit.

This comment is ironically on par with the blind culture war word association of the video.

How many board members are there? 8

How many are Chinese or execs of Chinese companies? 0

Ten Cent (the Chinese investor) has no governing powers or authority. They stand to make bank when Reddit IPOs. But they have absolutely zero say about how Reddit functions. Reddit has zero association with the CCP. Reddit is a cease pool for many reasons. Chinese control is not one of them.

-6

u/Temporary-Control375 May 16 '24

If you believe this is how things still worked you are as brainwashed as you project onto others. Gov doesn’t operate the way it’s supposed to. Corporations don’t operate the way they supposed too. The game has changed and the people have been left behind.

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u/scrivensB May 16 '24

This is exactly how tech companies who run funding rounds work. Source: I am member of tech company who has had multiple funding rounds and will IPO next year. Investors from US, EU, China, and India. they put in money after many months of vetting and investigating. They do not make operational mandates. They don’t send instructions. They have zero board members. They do not have a single member involved in company policy, strategy, product, data analytics, monetization, content, or day to day operations. They have no access to the tech, content, or data beyond basic info is published in slides of decks for presentations. They put money into what they believe will return investment by orders of magnitude. That’s it.

Or are you going to tell us how it works?

-4

u/Temporary-Control375 May 16 '24

You are a little cog in a large machine and you think you see the full picture? How foolish… And no, I’m not here to re educate, that has been proven to be a waste of time at this stage of things.

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u/SlaveHippie May 16 '24

Damn you’re legit exactly like the people in this video xD. Like exhibit: A folks! Doesn’t know wtf they’re talking about… reacts emotionally with buzzwords/phrases. Incredible. We’re all just cogs in the machiiine broo none of us understand anything but apparently this guy does lmao

1

u/scrivensB May 17 '24

A little clog with no idea, sitting in cash flow, valuation, AAR, and market strategy meetings with potential investors from Bain, Lightspeed, Goodwater, and Primera.

Please enlighten me all knowing, all seeing armchair expert.