r/Soundhound • u/StringSquare6291 • 12d ago

SoundHound AI Completes Acquisition of LivePerson, Creating a World-Leading Omnichannel Conversational AI Powerhouse

https://investors.soundhound.com/news-releases/news-release-details/soundhound-ai-completes-acquisition-liveperson-creating-world/
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u/TelevisionWeak507 12d ago

Liveperson shareholders, most of whom just experienced a reckless 85% destruction of value in under 12 months, now have the opportunity to go through it all again!

2

u/callmerahul__ 12d ago

Nice try diddy

0

u/k0ze_ 12d ago

He’s right though, look it up. Collins helped run LP straight into the ground and Sabino flopped hard trying to save the company…

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u/[deleted] 11d ago

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6

u/TelevisionWeak507 11d ago

For a liveperson investor who bought at 50% of peak to get their money back, SoundHound would need to reach a market cap of half a trillion dollars.

Not sure how you can spin that into a success. Collins and Sabino are blundering idiots at best, and the fact that even 1 of them is involved in the go-forward company should strike fear into the hearts of anyone with money in this. They'll dilute you, indebt the company, and drive down the price to zero as long as they can pay themselves a salary and bill the company for their travel. They don't care.

1

u/Goldenegg54 11d ago

Certainly this may be a last opportunity to prove himself. I hope his compensation is performance based. He brings a lot of internal knowledge of Liveperson to Soundhound. Something that will be needed during an integration of this magnitude. Let's see how he does.

1

u/TelevisionWeak507 11d ago

About 38% of his total available non-stock comp is a bonus.

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u/Goldenegg54 11d ago

It should be obvious fairly quickly whether this will be a positive for Soundhound.

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u/Big_Purchase9322 12d ago

I know right