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One bona fide acquirer is enough to set the price. Ther potentially are others though. Off the top of my head: AOL. Facebook (if they could agree on the right
by jdp23 16y ago
One bona fide acquirer is enough to set the price. Ther potentially are others though. Off the top of my head: AOL. Facebook (if they could agree on the right valuation for Facebook stock). Maybe Fox (to go with MySpace and FoxNews). Baidu.
It's certainly true though that it feels like a fragile valuation. I think the same's true for Facebook: there are plausible scenarios where they're worth $100B, and plausible scenarios where they're worth $10B. We shall see.
- mdda 16y agoReally one needs two bidders - and the winner would bid $1 more than the looser. Of course, for the VCs funding it are either aiming for a big buyout or prepared for the long slog to earn the revenues to pay back their investment. Google doesn't need to be in any hurry, IMHO.
- ahi 16y agoI disagree. They need one serious bidder and one competitor who wants to screw the serious bidder.
- deleted 16y ago[deleted]