\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

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

http://dealbook.nytimes.com/2013/05/20/tumblr-deal-was-a-pri...
histrionic codepig
  05/20/13
Good. Fuck bankers
Unhinged big public bath philosopher-king
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
histrionic codepig
  05/20/13
"The only bigger transactions were the company’s takeov...
Impressive electric furnace
  05/20/13
You can't always (ahem, ever) win.
histrionic codepig
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
histrionic codepig
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
cerebral maroon party of the first part address
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
Impressive electric furnace
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
cerebral maroon party of the first part address
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
histrionic codepig
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
Dashing Cream Gaming Laptop
  05/20/13
Overture worked out for them
supple range mother
  05/20/13
Geocities sooo didn't
Curious ruby goyim hospital
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
abnormal stock car
  05/20/13
I'm pretty sure the board bros can say something along the l...
diverse parlour
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
abnormal stock car
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
razzmatazz jap
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
emerald mentally impaired knife
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
diverse parlour
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
180 crawly step-uncle's house tank
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
Pontificating metal milk school
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
emerald mentally impaired knife
  05/20/13
Bro could it really get any worse than it already is?
abnormal stock car
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
emerald mentally impaired knife
  05/20/13
"and she's pulled a couple insane stunts already" ...
histrionic codepig
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
vigorous ticket booth corn cake
  05/20/13
Very, very uncommon, especially if there's a public company ...
emerald mentally impaired knife
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
histrionic codepig
  05/20/13
Buyers don't get sued do they?
Drab ape dog poop
  05/20/13
Ask HP.
emerald mentally impaired knife
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
180 crawly step-uncle's house tank
  05/21/13
Even those companies would almost always hire bankers for a ...
emerald mentally impaired knife
  05/21/13
What do you need bankers for when there are no revenues? Th...
Unholy fortuitous meteor elastic band
  05/21/13
a cawg literally running a company founded by an Asian man i...
Gaped private investor telephone
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
180 crawly step-uncle's house tank
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: histrionic codepig

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: Unhinged big public bath philosopher-king

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: histrionic codepig

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: Impressive electric furnace

"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: histrionic codepig

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: histrionic codepig

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: cerebral maroon party of the first part address

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: Impressive electric furnace

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: cerebral maroon party of the first part address

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: histrionic codepig

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: Dashing Cream Gaming Laptop

"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: supple range mother

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: Curious ruby goyim hospital

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: abnormal stock car

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: diverse parlour

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: abnormal stock car

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: razzmatazz jap

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: emerald mentally impaired knife

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: diverse parlour

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: 180 crawly step-uncle's house tank

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: Pontificating metal milk 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: emerald mentally impaired knife

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: abnormal stock car

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: emerald mentally impaired knife

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: histrionic codepig

"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: vigorous ticket booth corn cake

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: emerald mentally impaired knife

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: histrionic codepig

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: Drab ape dog poop

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: emerald mentally impaired knife

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: 180 crawly step-uncle's house tank

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: emerald mentally impaired knife

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: Unholy fortuitous meteor elastic band

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: Gaped private investor telephone

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: 180 crawly step-uncle's house tank

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)