There are a bunch of newly minted millionaires this week, after it was announced that Stack OverFlow would be acquired for $1.8 billion by European tech investment firm Prosus. While not exactly a household name, Prosus is a big player in the Chinese tech scene, where it has about a 30% stake in Chinese internet company Tencent. They trimmed their holdings in the company a bit recently, raising $15 billion in cash, which we assume will be used to fund the SO purchase. As with all such changes, there’s considerable angst out in the community about how this could impact everyone’s favorite coding help site. The SO leadership are all adamant that nothing will change, but only time will tell.
