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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...
Yellow cocky trust fund
  05/20/13
Good. Fuck bankers
Metal light lay puppy
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
Yellow cocky trust fund
  05/20/13
"The only bigger transactions were the company’s takeov...
Arrogant Nursing Home Useless Brakes
  05/20/13
You can't always (ahem, ever) win.
Yellow cocky trust fund
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
Yellow cocky trust fund
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
Free-loading translucent area persian
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
Arrogant Nursing Home Useless Brakes
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
Free-loading translucent area persian
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
Yellow cocky trust fund
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
Rebellious Point
  05/20/13
Overture worked out for them
Lascivious idiotic national
  05/20/13
Geocities sooo didn't
amethyst sick internal respiration partner
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
Beady-eyed Angry Stage
  05/20/13
I'm pretty sure the board bros can say something along the l...
federal cracking indirect expression antidepressant drug
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
Beady-eyed Angry Stage
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
Cream dilemma
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
Trip tan international law enforcement agency
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
federal cracking indirect expression antidepressant drug
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
Shaky Death Wish
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
Excitant box office cumskin
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
Trip tan international law enforcement agency
  05/20/13
Bro could it really get any worse than it already is?
Beady-eyed Angry Stage
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
Trip tan international law enforcement agency
  05/20/13
"and she's pulled a couple insane stunts already" ...
Yellow cocky trust fund
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
pink pontificating spot
  05/20/13
Very, very uncommon, especially if there's a public company ...
Trip tan international law enforcement agency
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
Yellow cocky trust fund
  05/20/13
Buyers don't get sued do they?
Tripping charismatic business firm
  05/20/13
Ask HP.
Trip tan international law enforcement agency
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
Shaky Death Wish
  05/21/13
Even those companies would almost always hire bankers for a ...
Trip tan international law enforcement agency
  05/21/13
What do you need bankers for when there are no revenues? Th...
High-end Personal Credit Line Shrine
  05/21/13
a cawg literally running a company founded by an Asian man i...
Hilarious state roast beef
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
Shaky Death Wish
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: Yellow cocky trust fund

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: Metal light lay puppy

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: Yellow cocky trust fund

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: Arrogant Nursing Home Useless Brakes

"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: Yellow cocky trust fund

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: Yellow cocky trust fund

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: Free-loading translucent area persian

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: Arrogant Nursing Home Useless Brakes

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: Free-loading translucent area persian

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: Yellow cocky trust fund

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: Rebellious Point

"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: Lascivious idiotic national

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: amethyst sick internal respiration partner

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: Beady-eyed Angry Stage

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: federal cracking indirect expression antidepressant drug

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: Beady-eyed Angry Stage

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: Cream dilemma

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: Trip tan international law enforcement agency

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: federal cracking indirect expression antidepressant drug

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: Shaky Death Wish

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: Excitant box office cumskin

*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: Trip tan international law enforcement agency

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: Beady-eyed Angry Stage

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: Trip tan international law enforcement agency

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: Yellow cocky trust fund

"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: pink pontificating spot

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: Trip tan international law enforcement agency

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: Yellow cocky trust fund

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: Tripping charismatic business firm

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: Trip tan international law enforcement agency

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: Shaky Death Wish

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: Trip tan international law enforcement agency

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: High-end Personal Credit Line Shrine

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: Hilarious state roast beef

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: Shaky Death Wish

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)