Stack Overflow sold to Prosus for $1.8B
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Re: Stack Overflow sold to Prosus for $1.8B
#2> Prosus, one of Europe’s most valuable tech companies, is best known as the largest shareholder in Chinese internet and videogaming giant Tencent Holdings Ltd. Listed in Amsterdam, Prosus signaled its appetite for deal making when it sold a small portion of its equity stake in Tencent in April for $14.6 billion. The Stack Overflow deal ranks among Prosus’ biggest acquisitions.
Re: Stack Overflow sold to Prosus for $1.8B
#3That's unexpected. Then again, 1.8B is a lot of money for what I'm guessing is a small number of major shareholders.
After seeing how Tencent purchased gaming companies have fared (that is, typically with few changes), this probably won't have much of a negative impact on the site.
Re: Stack Overflow sold to Prosus for $1.8B
#4You had a good run Stack Overflow - sad to see it die this way (because we know it all will)
Re: Stack Overflow sold to Prosus for $1.8B
#5That's unexpected. Then again, 1.8B is a lot of money for what I'm guessing is a small number of major shareholders. After seeing how Tencent purchased gaming companies have fared (that is, typically with few changes), this probably won't have much of a negative impact on the site.
Tencent isn't the buyer. Prosus, a Tencent investor, is.
Re: Stack Overflow sold to Prosus for $1.8B
#6How much am I going to get for all the answers I posted? :) (Hint: not a dime)
Re: Stack Overflow sold to Prosus for $1.8B
#7Oh no :(
I hope there is a public archiving effort in case the posts get paywalled or something in future.
Re: Stack Overflow sold to Prosus for $1.8B
#8You had a good run Stack Overflow - sad to see it die this way (because we know it all will)
I don’t want to seem like a jerk saying this, because I’ve put effort into supporting the site and helping with moderation, I know it’s all very challenging and difficult, but: I think stack overflow has been dead for a while.
Maybe you and I wanted different things from it and you still find it useful, but I haven’t really enjoyed it for many years. I loved it over a decade ago, these days I generally avoid it.
I was surprised by this purchase for that reason alone. I must be missing something. Stack must be way more useful and active than I realize, for reasons I’m unaware of.
I find the community pretty abrasive mostly.
Re: Stack Overflow sold to Prosus for $1.8B
#9You had a good run Stack Overflow - sad to see it die this way (because we know it all will)
> sad to see it die this way (because we know it all will)
Why?
Re: Stack Overflow sold to Prosus for $1.8B
#10I hadn't heard of Prosus or Naspers before this. Apparently Naspers owns 31.2% of Tencent. Time to revisit my assumptions with respect to how companies are owned.