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First story is not exclusive to private equity. Sales and even business owners have no idea how long things take. We once had a project that would take about a year, sales signed the contract to be done in like 1 month. The saving grace was the client delayed their start date, giving us the time we needed. Another one: guy buys an old building with plans to tear it down and build a new one. Tells the news “we’ll break ground next month”. Two years later they break ground.
Wow did not see this coming. Saudi Arabia is desperate to diversify so from that angle it makes sense. Kushner wants in lol. That’s a big buyout though. Well, things are going to get weird.
From the articles linked elsewhere this is between PIF (Saudi Arabia), Silver lake (American), and affinity partners (Jared kushner)
From wiki about affinity partners:
Kushner’s firm received commitments of more than $3 billion by the end of 2021 to invest in American and Israeli companies that are expanding in India, Africa, the Middle East and other parts of Asia. The largest investor by some margin is the Saudi government’s sovereign wealth fund, the Public Investment Fund, which has allocated $2bn of its nearly with Kushner stating that he hopes to open an “investment corridor between Saudi Arabia and Israel”,[2][3] seen internationally as a “sign of warming ties between two historic rivals”.[4] Officials who headed the Public Investment Fund objected to investing in Kushner’s firm, but Saudi ruler Mohammed bin Salman overruled those officials.[5]
For Taiwan specifically, they took a gamble. The government wanted advanced jobs and I believe willing to fund it a bit. Taiwanese nationals who had hit the glass ceiling in the US because of reasons moved backed and wanted to start companies. One took the bold bet of being a chip manufacturer that only produced other companies designs, as opposed to being a company that designed and produced. Very odd when it relies on those other companies giving you work. It was a gamble that paid off.
As for risc, it’s open (someone more informed can fill in the better details) so China is betting big on it because it’s cheap. I believe it also takes less advanced chips (nm size) so you don’t have to exactly be on the cutting edge of manufacturing equipment.
It’s a “Black hole” that temporarily sucks the enemy’s units in. Players quickly learned they can send in their units along with the enemies. So the trick is you send in a unit called the Archon which does splash damage. The split second that the black hole ends all the units emerge at the same time in a super concentrated area, so the Archon’s slash damage hits all the enemy’s units at once.
You can’t transfer your steam account, eg when you die. Against terms of service.