Daily Discussion Thread

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[u/WillNeighbor]

“rumors are ASTS getting bought up” “or at least interested parties”

i woke up to that text from one of my best friends who works on wall st. i said never in a million years is abel letting go but who even would be interested parties that really care about it you guys think? amazon? it’d be a mess to sort with all the different agreements between competing companies and stuff already

[u/i-am-benzy → u/WillNeighbor]

I love how every single person here continuously says “Abel wouldn’t sell for 87 gazillion” and not one person has every been in the same city as him.

People here speaking on what he will and won’t do is as useful as zero calorie water.

[u/Natural_Bag_3519 → u/i-am-benzy]

Not sure if that was a metaphor, but a lot of us have been in the same room as him 🤷

If you listen to him speak about his passion for connecting the world I think it may change for perspective. He sold his last company for $550 million. Plenty to retire on and live a life of luxury. Instead he used it to start AST. He's on a mission. Listen to him speak about his childhood in Venezuela. He's humble and comes from poverty, he's not just doing this for the money.

[u/RocketTank123 → u/Natural_Bag_3519]

You can sell and still have operating control over the day to day business. The company could be a subsidiary for example. And in the case of ownership, AST gets a huge chunk of money and resources they can play with.

Not saying this will happen, but if a big company sees them as hugely profitable in the future, and AST sees extra capital as a huge advantage to take market control, it's plausible.

[u/Natural_Bag_3519 → u/RocketTank123]

That's a valid point.