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All the employees have moved to Singapore, and early investors have also left. How can this game be turned around?
The buyback valuation will be at least equal to the $2 billion offer, with the founders possibly funding the difference themselves, planning to establish a joint venture in China and list in Hong Kong.
Regulators have explicitly blocked the flow of sensitive technology to U.S-based companies, and related plans are still in preliminary discussion.
Employees have already transferred to Meta's Singapore office, most early investors have exited, and the founders may also give up.