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How can you bid without risk that you will have to pay?
by dennisgorelik 16y ago
How can you bid without risk that you will have to pay?
- skmurphy 16y agoYou can't, but there is a value in the underlying team and product: winning and overpaying from time to time still resets the market when a competitor is making many acquisitions. It also gives you more access to the deal flow, because now you are seen as an active bidder, which in turn offers market intelligence from being able to interact with all of these early technology firms.