2,326 karma · joined June 21, 2021
I stopped reading right there - MariaDB (corp) went public via a SPAC in Dec 2022. Hopefully this is nature healing itself and the Corp entity goes to the wall and the Open Source foundation sheds the parasite.
I also hope all the grifters involved wind up broke and homeless.
It has been done many times. It turns you predicting the flip of a coin can be done with extremely high levels of accuracy using traditional methods.
The modus operandi is to slap the "Virgin" brand onto a venture - lending the brand in return for some equity. If the dice roll between a 5 and a 9 he cashes out - every other outcome, someone else loses.
Its not far off the Dragons Den model of venture capitalism, and seems to be somewhat of the basis for the Celebrity SPAC model.
Makes me glad I didnt get too invested in the previous hacky solution.
You would only get a special clown skin and crying emote to for your appraisal meeting.
I like that car a lot - was pretty close to getting one many years ago - its the exterior though its not ... pretty. Design underneath - simple and elegant.
The 115th United States Congress: Senate majority - Republican, House majority - Republican, Presidency - Republican.
Blame the party not in power.
If you want someone to be glad when you get home and listen to you complain about bill from accounts then get a dog.
Yes. The number gamed will likely be > 50% given the type of customers they are dealing with.
It does not. The deposit insurance limit was $250k before the svb collapse, it was unlimited while the (government) fdic held your account, and now it has been transfered back to a private institution it is 250k again.
<Insert "it always was" meme here>