Evan Cheng: Proposes acquiring a Fortune 500 company with mix of stock and cash

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05.05.2026

Evan Cheng: Proposes acquiring a Fortune 500 company with mix of stock and cash — Fortune 500 buyout idea with stock, cash

Evan Cheng, co-founder and CEO at Mysten Labs, the company that developed the Sui blockchain, raises the idea of acquiring a Fortune 500 company. Cheng notes that his acquaintance at a neighborhood credit union is willing to issue a high-confidence letter to support a loan for the acquisition, structured as half stock and half cash.

The comment appears in a lighthearted context, likely referencing complex corporate dealmaking and the speculative spirit typified by Gamestop-related discussions.

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