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Yahoo on Tumblr Deal: We need lawyers, not bankers.

http://dealbook.nytimes.com/2013/05/20/tumblr-deal-was-a-pri...
mind-boggling wagecucks temple
  05/20/13
Good. Fuck bankers
Maniacal Church Generalized Bond
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
mind-boggling wagecucks temple
  05/20/13
"The only bigger transactions were the company’s takeov...
deranged trust fund milk
  05/20/13
You can't always (ahem, ever) win.
mind-boggling wagecucks temple
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
mind-boggling wagecucks temple
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
Pea-brained Fragrant Dingle Berry University
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
deranged trust fund milk
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
Pea-brained Fragrant Dingle Berry University
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
mind-boggling wagecucks temple
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
galvanic fortuitous meteor
  05/20/13
Overture worked out for them
silver arrogant goyim principal's office
  05/20/13
Geocities sooo didn't
Mewling Lilac Fat Ankles
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
Insecure public bath
  05/20/13
I'm pretty sure the board bros can say something along the l...
vibrant market
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
Insecure public bath
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
Supple Fighting Cruise Ship
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
Maize razzle-dazzle idea he suggested
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
vibrant market
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
bateful territorial church building filthpig
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
Black school
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
Maize razzle-dazzle idea he suggested
  05/20/13
Bro could it really get any worse than it already is?
Insecure public bath
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
Maize razzle-dazzle idea he suggested
  05/20/13
"and she's pulled a couple insane stunts already" ...
mind-boggling wagecucks temple
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
Insane Lettuce
  05/20/13
Very, very uncommon, especially if there's a public company ...
Maize razzle-dazzle idea he suggested
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
mind-boggling wagecucks temple
  05/20/13
Buyers don't get sued do they?
french trailer park
  05/20/13
Ask HP.
Maize razzle-dazzle idea he suggested
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
bateful territorial church building filthpig
  05/21/13
Even those companies would almost always hire bankers for a ...
Maize razzle-dazzle idea he suggested
  05/21/13
What do you need bankers for when there are no revenues? Th...
swashbuckling bat shit crazy dog poop brunch
  05/21/13
a cawg literally running a company founded by an Asian man i...
Floppy purple school cafeteria
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
bateful territorial church building filthpig
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: mind-boggling wagecucks temple

http://dealbook.nytimes.com/2013/05/20/tumblr-deal-was-a-private-party-with-few-bankers-invited/

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235435)



Reply Favorite

Date: May 20th, 2013 12:51 PM
Author: Maniacal Church Generalized Bond

Good. Fuck bankers

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235446)



Reply Favorite

Date: May 20th, 2013 12:55 PM
Author: mind-boggling wagecucks temple

http://i.imgur.com/PELYqNV.jpg

I am good at dealing with people!

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235466)



Reply Favorite

Date: May 20th, 2013 12:56 PM
Author: deranged trust fund milk

"The only bigger transactions were the company’s takeovers of Broadcast.com ($5.7 billion), Geocities ($3.6 billion) and the ad company Overture ($1.6 billion)"

JFC



(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235470)



Reply Favorite

Date: May 20th, 2013 12:57 PM
Author: mind-boggling wagecucks temple

You can't always (ahem, ever) win.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235475)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: mind-boggling wagecucks temple

Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235481)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: Pea-brained Fragrant Dingle Berry University

Mark Cuban LITERALLY loling all the way to the bank

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235476)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: deranged trust fund milk

http://money.cnn.com/1999/04/01/deals/yahoo/

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235478)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: Pea-brained Fragrant Dingle Berry University

amazing that just 15 years ago you could sell a totally non-viable, unprofitable business for $6 Billion

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235486)



Reply Favorite

Date: May 20th, 2013 12:59 PM
Author: mind-boggling wagecucks temple

http://i.imgur.com/t8dZTHb.jpg

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235490)



Reply Favorite

Date: May 20th, 2013 1:20 PM
Author: galvanic fortuitous meteor

"Yahoo!, one of the biggest gateways, or portals, to the Internet"

rofl cuck

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235566)



Reply Favorite

Date: May 20th, 2013 1:34 PM
Author: silver arrogant goyim principal's office

Overture worked out for them

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235628)



Reply Favorite

Date: May 20th, 2013 1:38 PM
Author: Mewling Lilac Fat Ankles

Geocities sooo didn't

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235640)



Reply Favorite

Date: May 20th, 2013 1:46 PM
Author: Insecure public bath

isn't this a good way to get pwned by a derivative suit if things go south

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235670)



Reply Favorite

Date: May 20th, 2013 2:15 PM
Author: vibrant market

I'm pretty sure the board bros can say something along the lines of "it's all good, we were exercising our judgment of business" and that should've good enough.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235849)



Reply Favorite

Date: May 20th, 2013 2:23 PM
Author: Insecure public bath

depends how big of a screw-up happens i guess. if you just paid over double for a company and the books are a mess and you realize afterward you just spent a billion on almost nothing -- and a banker could have easily done a valuation and told you that you were insane to pay $1 bill+ -- i'm not sure it would be enough to be like "hey bros it was my business judgment that we shouldn't engage experts to value a $1 billion+ acquisition!"

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235895)



Reply Favorite

Date: May 20th, 2013 2:56 PM
Author: Supple Fighting Cruise Ship

Couldn't they hire a valuation firm to do that for a lot less than the cost of having bankers run the deal?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23236096)



Reply Favorite

Date: May 20th, 2013 2:26 PM
Author: Maize razzle-dazzle idea he suggested

You're doing the wrong analysis. Not hiring bankers, or hiring shitty ones without a name brand, is probably enough to get a judge to entertain a lawsuit. The goal in a deal like this is not to win a lawsuit, it's not to get sued in the first place.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235909)



Reply Favorite

Date: May 20th, 2013 2:46 PM
Author: vibrant market

Dude. First of all, plaintiff attorneys would have sued them with of without the bankers. They sue them for everything conceivable. In order to get over the BJR they'd basically need to show that these guys were grossly negligent. Good f'ing luck.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23236023)



Reply Favorite

Date: May 21st, 2013 12:19 AM
Author: bateful territorial church building filthpig

And then it is a care claim and exculpated under 102(b)(7) ....



(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239688)



Reply Favorite

Date: May 20th, 2013 1:56 PM
Author: Black school

*no bankers on deal*

*wildly overpays for acquisition*

*wonders why company has been shit for 10 years*

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235721)



Reply Favorite

Date: May 20th, 2013 2:06 PM
Author: Maize razzle-dazzle idea he suggested

The bankers that were on the deal are notoriously terrible, too. Marissa Mayer is going to drive this company into the ground.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235793)



Reply Favorite

Date: May 20th, 2013 2:12 PM
Author: Insecure public bath

Bro could it really get any worse than it already is?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235831)



Reply Favorite

Date: May 20th, 2013 2:21 PM
Author: Maize razzle-dazzle idea he suggested

Yes. Have you ever dealt with a woman in the 6-12 months after childbirth? I'm all for workplace and gender equality but asking such a sack of raging hormones to "shake things up" to turn around a company seems like a colossal mistake and she's pulled a couple insane stunts already.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235886)



Reply Favorite

Date: May 20th, 2013 11:53 PM
Author: mind-boggling wagecucks temple

"and she's pulled a couple insane stunts already"

Are you talking about that shitty company she bought from a teenager?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239502)



Reply Favorite

Date: May 20th, 2013 2:19 PM
Author: Insane Lettuce

How common is it for a deal over 100m+ to not involve bankers (any one party)? What about for 1bn+?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235878)



Reply Favorite

Date: May 20th, 2013 2:22 PM
Author: Maize razzle-dazzle idea he suggested

Very, very uncommon, especially if there's a public company involved since the board has all kinds of duties to public shareholders. If any of you bros are plaintiff-side securities class action lawyers you should file ASAP.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235892)



Reply Favorite

Date: May 20th, 2013 3:13 PM
Author: mind-boggling wagecucks temple

Doesn't Yahoo already have a few people who can use Excel?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23236199)



Reply Favorite

Date: May 20th, 2013 11:56 PM
Author: french trailer park

Buyers don't get sued do they?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239520)



Reply Favorite

Date: May 21st, 2013 12:40 AM
Author: Maize razzle-dazzle idea he suggested

Ask HP.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239864)



Reply Favorite

Date: May 21st, 2013 12:20 AM
Author: bateful territorial church building filthpig

Some mega companies in tech have inhouse M&A groups that function as bankers so not unheard of.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239698)



Reply Favorite

Date: May 21st, 2013 12:40 AM
Author: Maize razzle-dazzle idea he suggested

Even those companies would almost always hire bankers for a billion dollar deal.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239859)



Reply Favorite

Date: May 21st, 2013 1:18 AM
Author: swashbuckling bat shit crazy dog poop brunch

What do you need bankers for when there are no revenues? This is all just wild guessing at how yahoo can monetize their base

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23240088)



Reply Favorite

Date: May 21st, 2013 12:51 AM
Author: Floppy purple school cafeteria

a cawg literally running a company founded by an Asian man into the ground, why?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239946)



Reply Favorite

Date: May 21st, 2013 12:53 AM
Author: bateful territorial church building filthpig

Because an alpha aspie white dood wanted to buy it and the Asian did not sell and a jew got mad and everyone ditched the Asian guy.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239957)