As far as paying for acquisitions with stock, it'll mostly balance out. The companies being acquired will do so at a lower valuation because their upsides aren

As far as paying for acquisitions with stock, it'll mostly balance out. The companies being acquired will do so at a lower valuation because their upsides aren't as stratospheric as they seemed a few months ago. "If Facebook isn't worth that much, how much are you worth?" Today Instagram would take $300M cash and $350M stock and be happy with it.