How is saving from bankruptcy altruistic? It’s a financial outcome… If you can s... | Hacker News

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		qeternity on June 2, 2021 \| parent \| context \| favorite \| on: Cloudera taken private for $5.3B, acquires Datacor... How is saving from bankruptcy altruistic? It’s a financial outcome… If you can save a company from bankruptcy, that’s wealth that would otherwise have been destroyed.

lazide on June 4, 2021 [–]

Because that isn’t the goal and is often not what happens?

It is purchased to make return, not to save them from bankruptcy. If it is a side effect, that’s fine, but that is not why it’s done or what the goal is no?

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