Naspers CEO talks about the differences between them and Softbank

We've actually very rarely done it I Think what we've done in the past more Often and is actually good to to be a Bit specific on it when we had a Minority stake we go to a majority State We've done that in the past yes and I Think that typically happens when we we We see for example tremendous amount of Synergies between companies in a similar Space or in in our uh classifieds Business we've done that when we're a Minority and we said hey look there's so Much value in bringing these things Together it will actually be easier if We are a majority but we very rarely Want to actually the the founders of the Companies we we love to have them in so When we go to majority we typically want Uh the founders to to to stay in and be Shareholders we very rarely have gone to 100 ownership okay okay

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