\
  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...
honey-headed theatre skinny woman
  05/20/13
Good. Fuck bankers
crusty wonderful community account
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
honey-headed theatre skinny woman
  05/20/13
"The only bigger transactions were the company’s takeov...
elite whorehouse boiling water
  05/20/13
You can't always (ahem, ever) win.
honey-headed theatre skinny woman
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
honey-headed theatre skinny woman
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
House-broken candlestick maker
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
elite whorehouse boiling water
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
House-broken candlestick maker
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
honey-headed theatre skinny woman
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
Maniacal Concupiscible Mood Friendly Grandma
  05/20/13
Overture worked out for them
Self-absorbed set
  05/20/13
Geocities sooo didn't
Nighttime patrolman elastic band
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
Aqua School Cafeteria Quadroon
  05/20/13
I'm pretty sure the board bros can say something along the l...
Smoky electric furnace nursing home
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
Aqua School Cafeteria Quadroon
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
jet rigpig jewess
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
provocative dilemma
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
Smoky electric furnace nursing home
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
White theater stage scourge upon the earth
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
Lascivious feces codepig
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
provocative dilemma
  05/20/13
Bro could it really get any worse than it already is?
Aqua School Cafeteria Quadroon
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
provocative dilemma
  05/20/13
"and she's pulled a couple insane stunts already" ...
honey-headed theatre skinny woman
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
Domesticated Glittery Laser Beams
  05/20/13
Very, very uncommon, especially if there's a public company ...
provocative dilemma
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
honey-headed theatre skinny woman
  05/20/13
Buyers don't get sued do they?
fragrant property
  05/20/13
Ask HP.
provocative dilemma
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
White theater stage scourge upon the earth
  05/21/13
Even those companies would almost always hire bankers for a ...
provocative dilemma
  05/21/13
What do you need bankers for when there are no revenues? Th...
tantric excitant mad cow disease forum
  05/21/13
a cawg literally running a company founded by an Asian man i...
Nofapping navy haunted graveyard senate
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
White theater stage scourge upon the earth
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: honey-headed theatre skinny woman

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: crusty wonderful community account

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: honey-headed theatre skinny woman

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: elite whorehouse boiling water

"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: honey-headed theatre skinny woman

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: honey-headed theatre skinny woman

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: House-broken candlestick maker

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: elite whorehouse boiling water

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: House-broken candlestick maker

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: honey-headed theatre skinny woman

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: Maniacal Concupiscible Mood Friendly Grandma

"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: Self-absorbed set

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: Nighttime patrolman elastic band

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: Aqua School Cafeteria Quadroon

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: Smoky electric furnace nursing home

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: Aqua School Cafeteria Quadroon

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: jet rigpig jewess

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: provocative dilemma

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: Smoky electric furnace nursing home

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: White theater stage scourge upon the earth

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: Lascivious feces codepig

*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: provocative dilemma

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: Aqua School Cafeteria Quadroon

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: provocative dilemma

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: honey-headed theatre skinny woman

"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: Domesticated Glittery Laser Beams

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: provocative dilemma

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: honey-headed theatre skinny woman

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: fragrant property

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: provocative dilemma

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: White theater stage scourge upon the earth

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: provocative dilemma

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: tantric excitant mad cow disease forum

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: Nofapping navy haunted graveyard senate

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: White theater stage scourge upon the earth

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)