Nubank acquires Cognitect
Pretty strange how no one else sees that banks are very very fragile institutions, plus this one is heavily VC-ed, which makes everything they claim in public irrelevant (this is if we want to trust what any bank says at all).<p>What is relevant is that Cognitect will now have 100% of income coming from the single (and fragile) source, they now do not have to compete and survive on their own, they can&#x27;t say &quot;no&quot; when having a choice between having to conform or quit the only money source.<p>I am not discussing personalities here - people are free to choose how to sell their products or themselves. Just thinking what this means to me as a software consultant who makes 100% of money from Clojure (yes, a fragile single choice because of sort of falling in love)