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Honest question: How many companies have had multi-billion dollar acquisition offers from large public companies and then NOT gone on to have valuations much hi
by ecuzzillo 16y ago
Honest question: How many companies have had multi-billion dollar acquisition offers from large public companies and then NOT gone on to have valuations much higher than the offer? Obviously the ones off the top of my head-- Google, Facebook, whatever-- could be entirely survivorship bias.
Even so, my instinct when reading this article is that Google was stupid not to double their offer, assuming they were going to be competent enough not to ruin Groupon once they bought it.