3 ms·
If your company is worth $3.9B why would you sell it? I can dream on how I could make the next-best product, but I don't dream about selling it. Maybe I'm miss
by doublerabbit 5y ago
If your company is worth $3.9B why would you sell it? I can dream on how I could make the next-best product, but I don't dream about selling it.
Maybe I'm missing business 101, why would you want to give up some your large diamond to some other company?
- darkwizard42 5y agoThere are many reasons... 1/ You don't see this as giving up your diamond but making it shine bigger and faster. You believe that your $3.9B valuation can grow faster with the help of a larger partner perhaps this is best for you and your investors. 2/ You have been running a company for some time and you are tired of running it or want to get out and "cash out" your hard work. 3/ You don't believe you can maintain a $3.9B valuation under future market conditions or upcoming competition and so you are willing to take the premium now (better for you and investors) Just to name a few
- lotsofpulp 5y ago> Maybe I'm missing business 101, why would you want to give up some your large diamond to some other company? Because you want $3.9B of cash instead of a company worth $3.9B. Also funny since I would much rather have $3.9B in cash than a large diamond “worth” $3.9B, since diamond prices have been falling for many, many years, compared to alternative stores of wealth. And also, I would get zero utility from a diamond in the first place.
- deleted 5y ago[deleted]