Used to build @kiwi | https://macbudkowski.com/

clanker is not serious people and rainbow is pissed they're blowing up the deal (from what i've seen)

ensdata.net ✦ pixeldrop.app ✦ 𝙿𝚁𝙴𝚅: design eng @family / @aave · @rainbow 🌈 ✦ 𝙱𝚄𝙸𝙻𝙳𝙸𝙽𝙶: @vision

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and did clanker tell why they don't want a deal?

in m&a many deals fall apart and never happen, but from what i've learned they just ghosted them which doesn't look serious 🤔

clanker

Last month, Rainbow approached Clanker about a potential acquisition.

After some discussions, we decided that it wasn’t the right fit and let them know last Thursday.

On Friday, Rainbow reached back out threatening to publish a public letter if we didn’t respond.

After we told them (again) that we wouldn't be going forward with the deal, they published the letter today without our consent. We are not excited about working at Rainbow, especially after how we were treated, and don’t plan to continue the conversations.

clank clank

Experienced product manager — $1b in traded volume at businesses backed by YC, a16zcrypto, Volt Capital

The False Nine

To begin, you came to us talk acquisition first and we were (and still are) excited about what Clanker and Rainbow can do together. 

We had come to terms in our previous discussions. The same terms we posted today. You left it with us as a done deal with some housekeeping on your end. Then you cold shouldered us. What happened? 

Sharing the letter was hardly a threat. The Clanker community is as much a part of this as you are. Today’s price action shows that they think this is a good deal. 

The market has spoken clearly: $CLANKER trading today shows strong support for Rainbow’s proposed transaction.

We care about the Clanker community and remain ready to close. If you believe there is a better path for $CLANKER holders, we invite you to put forward an alternative proposal. What’s the plan?

sure is https://farcaster.xyz/rainbow/0x20eddc1d

Another one, I guess we have to wait for some receipts...