At 49% I'm certain they would become the largest shareholder, by far. Then allyi... | Hacker News

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		flyinglizard 6 months ago \| parent \| context \| favorite \| on: Meta invests $14.3B in Scale AI to kick-start supe... At 49% I'm certain they would become the largest shareholder, by far. Then allying with another smaller shareholder to get majority - especially as you are Meta and can repay in various ways - is trivial. This is control, in all forms but name.

tyre 6 months ago [–]

another shareholder, one of the largest, is the now-former-CEO who now works at Meta. They have full control.

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