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nilogram t1_j0y2txj wrote

Reply to comment by god-doing-hoodshit in Over 67,000 DraftKings Betting Accounts Hit by Hackers by chrisdh79

Got it ty for clarifying so in this case the foreign entities or funders would still be shareholders unless they sold out?

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god-doing-hoodshit t1_j0y364u wrote

Yeah,

If they invested early and own a good percentage then the return on their investment will be positive which is why they do it. Betting company is a no brainer.

Foreign investment in the best economy to park your money is not strange either.

Although OP has a point, we expose ourself to tricky situations, for example if a company like Twitter is backed by foreign actors there should be some securities in place but free market/mah profits is important. For reasons.

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nilogram t1_j0y3iag wrote

Yeah definitely thanks for your added knowledge and perspective

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