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Exactly. They sure 'nailed it' alright. [0] /s

[0] https://www.cnbc.com/2022/10/19/buffett-backed-digital-bank-...

Nubank, which went public late last year, counts famed investor Warren Buffett among its roster of backers. Buffett’s firm Berkshire Hathaway took a $500 million stake in Nubank in June 2021. The company is valued by the stock market at $20.4 billion, roughly half what it was worth in its December 2021 debut.

The title is an exaggeration. Buffet owns less than 3% of the bank. He has no control on their initiatives...

Why is this downvoted?

Why do we see this bifurcation on HackerNews whenever this topic comes up?

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