Also, I did have Tesla that they invested in Tesla.
And I have one other that is kind of surprising that they own a good bit of or owned a good bit of.
Excellent.
Do you know that one?
Snap.
Snap, yeah.
Oh, yeah.
There's, there's.
Tencent is everywhere.
Welcome to season three, episode 10 of Acquired, the show about technology acquisitions and IPOs.
I'm Ben Gilbert.
I'm David Rosenthal and we are your hosts.
Today we are covering a company that Wikipedia describes as a Chinese multinational investment holding conglomerate founded in 1998.
Of course, this is 10 cent.
All of that and so much more.
All that and a bag of chips and a bag of 12% stake in SNAP.
David, we'll get to that later.
Spoilers well, so what is Tencent, besides that very long definition that feels conglomerate?
Y.
Well, first off, they're notoriously bad at pr and they actually talk about this as a company.