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Except, wasn't Google's final bid also in concert with Intel? And how many bids were there from the Apple, RIM, etc consortium? The math in the article isn't me
by mbreese 15y ago
Except, wasn't Google's final bid also in concert with Intel? And how many bids were there from the Apple, RIM, etc consortium? The math in the article isn't meant to be definitive, but rather to illustrate that what Google originally valued at $900M was finally sold for $4.5B. This is a big difference. It shows that not letting Google get the patents was worth more to the group than the actual patents themselves. That should raise red flags.
- msbarnett 15y agoExcept acting as thought Google thought the patents were worth $900M because that was their initial bid is daft -- you never lead with the maximum you're willing to pay, you lowball and try to stay as far away from your maximum as possible, since that is what you actually think it is worth, such that paying it would be breaking even, and paying more than it would be taking a loss.