3 ms·
Is this also known as pendulum arbitration? https://en.wikipedia.org/wiki/Pendulum_arbitration https://en.wikipedia.org/wiki/Pendulum_arbitration I assume the
by ed 8y ago
Is this also known as pendulum arbitration?
https://en.wikipedia.org/wiki/Pendulum_arbitration https://en.wikipedia.org/wiki/Pendulum_arbitration
I assume the bank acts as arbitrator, and IAC is one of the parties proposing a valuation? How do they remove the bank's incentive to side with IAC?
- bamorgan 8y agoYeah, basically. If the founder disagrees with IAC's/Match's valuation, they can come up with their own valuation and the "independent" outside party picks the winner, with no modifications.