3 ms·
Leverage is the risk. Asking for 3 times what's initially offerred is greed. Greed isn't bad, per se, it just entails a risk.
by molbioguy 5y ago
Leverage is the risk. Asking for 3 times what's initially offerred is greed. Greed isn't bad, per se, it just entails a risk.
- Someone1234 5y agoThe suspect the problem with the point you're trying to make is that you're using the term "greed." Greed has implied immorality to it. It wasn't "greedy" to ask for over $50M, because $50M was what was already invested into the company. When another company wants to acquire you, it is normal and expected for you to make profit on that acquisition. 3x current valuation isn't, to me, "greedy." Quite reasonable in fact.
- molbioguy 5y agoYou'ree right. I don't attach morality to 'greed' -- it's just wanting 'more' than what you've been given.