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"Alphabet’s role in funding the 350-person firm comes soon after it lost out to Microsoft in the bidding for GitHub. " Can someone describe to me how bidding f
by drakenot 8y ago
"Alphabet’s role in funding the 350-person firm comes soon after it lost out to Microsoft in the bidding for GitHub. "
Can someone describe to me how bidding for companies like GitHub works? Is it a blind bid where the highest bidder is selected? Or are participants given the opportunity to up their bid against one another?
- shagie 8y agoIt should be noted that the “bid” also included the ceo to be. And that was a critical part of winning the bid. There was certainly more to it than comparing two numbers.