Why Would Anyone Invest in Rappler if it’s Losing Money?
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Pierre Omidyar’s fund invested in Rappler. Is he trying to destabilize the PH? Uhm, no. A blogger posed this question, and posited that the reason anyone would is to achieve devious ends, in this case, to destabilize the government. The blogger had three problems about Rappler’s financial affairs: its disclosures in its GIS and financial statements, its issuance of Philippine Depository Receipts to foreign investors, and the reasons why these investors would invest in a media company that was losing money.
Why Would Anyone Invest in Rappler if it’s Losing Money?
Why Would Anyone Invest in Rappler if it’s…
Why Would Anyone Invest in Rappler if it’s Losing Money?
Pierre Omidyar’s fund invested in Rappler. Is he trying to destabilize the PH? Uhm, no. A blogger posed this question, and posited that the reason anyone would is to achieve devious ends, in this case, to destabilize the government. The blogger had three problems about Rappler’s financial affairs: its disclosures in its GIS and financial statements, its issuance of Philippine Depository Receipts to foreign investors, and the reasons why these investors would invest in a media company that was losing money.