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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...
jet-lagged stage
  05/20/13
Good. Fuck bankers
diverse police squad
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
jet-lagged stage
  05/20/13
"The only bigger transactions were the company’s takeov...
wonderful water buffalo trust fund
  05/20/13
You can't always (ahem, ever) win.
jet-lagged stage
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
jet-lagged stage
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
Concupiscible clear sanctuary toilet seat
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
wonderful water buffalo trust fund
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
Concupiscible clear sanctuary toilet seat
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
jet-lagged stage
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
Multi-colored deer antler regret
  05/20/13
Overture worked out for them
out-of-control underhanded abode
  05/20/13
Geocities sooo didn't
pearl wrinkle
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
Aggressive impertinent immigrant yarmulke
  05/20/13
I'm pretty sure the board bros can say something along the l...
cerebral silver karate
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
Aggressive impertinent immigrant yarmulke
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
french pisswyrm corner
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
Bright mad-dog skullcap messiness
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
cerebral silver karate
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
carmine talented mental disorder
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
Balding school
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
Bright mad-dog skullcap messiness
  05/20/13
Bro could it really get any worse than it already is?
Aggressive impertinent immigrant yarmulke
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
Bright mad-dog skullcap messiness
  05/20/13
"and she's pulled a couple insane stunts already" ...
jet-lagged stage
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
emerald soul-stirring location rigor
  05/20/13
Very, very uncommon, especially if there's a public company ...
Bright mad-dog skullcap messiness
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
jet-lagged stage
  05/20/13
Buyers don't get sued do they?
fantasy-prone orange idiot
  05/20/13
Ask HP.
Bright mad-dog skullcap messiness
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
carmine talented mental disorder
  05/21/13
Even those companies would almost always hire bankers for a ...
Bright mad-dog skullcap messiness
  05/21/13
What do you need bankers for when there are no revenues? Th...
frum appetizing cuck
  05/21/13
a cawg literally running a company founded by an Asian man i...
charismatic honey-headed dilemma
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
carmine talented mental disorder
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: jet-lagged stage

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: diverse police squad

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: jet-lagged stage

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: wonderful water buffalo trust fund

"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: jet-lagged stage

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: jet-lagged stage

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: Concupiscible clear sanctuary toilet seat

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: wonderful water buffalo trust fund

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: Concupiscible clear sanctuary toilet seat

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: jet-lagged stage

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: Multi-colored deer antler regret

"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: out-of-control underhanded abode

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: pearl wrinkle

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: Aggressive impertinent immigrant yarmulke

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: cerebral silver karate

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: Aggressive impertinent immigrant yarmulke

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: french pisswyrm corner

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: Bright mad-dog skullcap messiness

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: cerebral silver karate

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: carmine talented mental disorder

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: Balding 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: Bright mad-dog skullcap messiness

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: Aggressive impertinent immigrant yarmulke

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: Bright mad-dog skullcap messiness

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: jet-lagged stage

"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: emerald soul-stirring location rigor

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: Bright mad-dog skullcap messiness

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: jet-lagged stage

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: fantasy-prone orange idiot

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: Bright mad-dog skullcap messiness

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: carmine talented mental disorder

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: Bright mad-dog skullcap messiness

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: frum appetizing cuck

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: charismatic honey-headed dilemma

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: carmine talented mental disorder

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)