Thanks for the insight… I’m in the technology deployment end, development and operations… unemployed… I never really dealt with corporate legal. Contracts were always in place before I was involved.
I do understand that the primary point of corporate legal is to identify risk and mitigate / plan for these perils. But I also understand that these agreements are shaped by the events that brought these partners together in the first place. Perhaps XNOR was still trying to perfect it’s algorithms, and needed an established platform to use for tuning and debugging. Everybody agrees that this is win for everyone, walk away happy. I can see how happy intentions can lead to sloppy “due diligence”. Sigh…
I read the same thing you read and I am disappointed to have to admit that I have a wildly different understanding of the situation than you. I am sure it’s the fault of my old eyes for only reading the words as written and my tired brain for not inventing details where none existed before. Boy am I embarrassed!
When did Amazon come to own Wyze and more importantly, why were you alone made aware of the purchase instead of the founders and employees and the media?
