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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...
zippy state
  05/20/13
Good. Fuck bankers
beady-eyed plaza mother
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
zippy state
  05/20/13
"The only bigger transactions were the company’s takeov...
Sticky Cuckoldry
  05/20/13
You can't always (ahem, ever) win.
zippy state
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
zippy state
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
Seedy cobalt water buffalo nursing home
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
Sticky Cuckoldry
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
Seedy cobalt water buffalo nursing home
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
zippy state
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
flesh stock car parlor
  05/20/13
Overture worked out for them
histrionic startling spot
  05/20/13
Geocities sooo didn't
Hyperactive Umber Electric Furnace
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
Indecent cream doctorate
  05/20/13
I'm pretty sure the board bros can say something along the l...
Exhilarant Place Of Business
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
Indecent cream doctorate
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
Exciting Canary Personal Credit Line Location
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
Multi-colored mildly autistic shrine incel
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
Exhilarant Place Of Business
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
180 elite dysfunction
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
Pink haunting orchestra pit
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
Multi-colored mildly autistic shrine incel
  05/20/13
Bro could it really get any worse than it already is?
Indecent cream doctorate
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
Multi-colored mildly autistic shrine incel
  05/20/13
"and she's pulled a couple insane stunts already" ...
zippy state
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
dark wonderful native
  05/20/13
Very, very uncommon, especially if there's a public company ...
Multi-colored mildly autistic shrine incel
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
zippy state
  05/20/13
Buyers don't get sued do they?
provocative theater stage twinkling uncleanness
  05/20/13
Ask HP.
Multi-colored mildly autistic shrine incel
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
180 elite dysfunction
  05/21/13
Even those companies would almost always hire bankers for a ...
Multi-colored mildly autistic shrine incel
  05/21/13
What do you need bankers for when there are no revenues? Th...
Orchid Church Building Alpha
  05/21/13
a cawg literally running a company founded by an Asian man i...
Floppy internal respiration casino
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
180 elite dysfunction
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: zippy state

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: beady-eyed plaza mother

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: zippy state

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: Sticky Cuckoldry

"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: zippy state

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: zippy state

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: Seedy cobalt water buffalo nursing home

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: Sticky Cuckoldry

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: Seedy cobalt water buffalo nursing home

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: zippy state

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: flesh stock car parlor

"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: histrionic startling spot

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: Hyperactive Umber Electric Furnace

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: Indecent cream doctorate

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: Exhilarant Place Of Business

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: Indecent cream doctorate

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: Exciting Canary Personal Credit Line Location

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: Multi-colored mildly autistic shrine incel

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: Exhilarant Place Of Business

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 elite dysfunction

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: Pink haunting orchestra pit

*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: Multi-colored mildly autistic shrine incel

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: Indecent cream doctorate

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: Multi-colored mildly autistic shrine incel

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: zippy state

"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: dark wonderful native

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: Multi-colored mildly autistic shrine incel

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: zippy state

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: provocative theater stage twinkling uncleanness

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: Multi-colored mildly autistic shrine incel

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 elite dysfunction

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: Multi-colored mildly autistic shrine incel

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: Orchid Church Building Alpha

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 internal respiration casino

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 elite dysfunction

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)