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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 racy foreskin corner
  05/20/13
Good. Fuck bankers
odious depressive address
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
jet-lagged racy foreskin corner
  05/20/13
"The only bigger transactions were the company’s takeov...
Shivering principal's office
  05/20/13
You can't always (ahem, ever) win.
jet-lagged racy foreskin corner
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
jet-lagged racy foreskin corner
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
Lake Forum Jap
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
Shivering principal's office
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
Lake Forum Jap
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
jet-lagged racy foreskin corner
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
dashing chartreuse hospital
  05/20/13
Overture worked out for them
Drunken Vibrant Site Trust Fund
  05/20/13
Geocities sooo didn't
Aqua messiness windowlicker
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
awkward french public bath
  05/20/13
I'm pretty sure the board bros can say something along the l...
hot kitchen
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
awkward french public bath
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
Misunderstood milky stage immigrant
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
bull headed histrionic locale fat ankles
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
hot kitchen
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
nighttime aphrodisiac library prole
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
Disturbing tantric macaca dilemma
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
bull headed histrionic locale fat ankles
  05/20/13
Bro could it really get any worse than it already is?
awkward french public bath
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
bull headed histrionic locale fat ankles
  05/20/13
"and she's pulled a couple insane stunts already" ...
jet-lagged racy foreskin corner
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
flesh alpha roommate
  05/20/13
Very, very uncommon, especially if there's a public company ...
bull headed histrionic locale fat ankles
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
jet-lagged racy foreskin corner
  05/20/13
Buyers don't get sued do they?
Underhanded Police Squad Church Building
  05/20/13
Ask HP.
bull headed histrionic locale fat ankles
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
nighttime aphrodisiac library prole
  05/21/13
Even those companies would almost always hire bankers for a ...
bull headed histrionic locale fat ankles
  05/21/13
What do you need bankers for when there are no revenues? Th...
slate sanctuary
  05/21/13
a cawg literally running a company founded by an Asian man i...
Beady-eyed jade stage
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
nighttime aphrodisiac library prole
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: jet-lagged racy foreskin corner

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: odious depressive address

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 racy foreskin corner

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: Shivering principal's office

"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 racy foreskin corner

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 racy foreskin corner

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: Lake Forum Jap

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: Shivering principal's office

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: Lake Forum Jap

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 racy foreskin corner

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 chartreuse hospital

"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: Drunken Vibrant Site Trust Fund

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: Aqua messiness windowlicker

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: awkward french public bath

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: hot kitchen

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: awkward french public bath

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: Misunderstood milky stage immigrant

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: bull headed histrionic locale fat ankles

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: hot kitchen

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: nighttime aphrodisiac library prole

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: Disturbing tantric macaca dilemma

*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: bull headed histrionic locale fat ankles

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: awkward french public bath

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: bull headed histrionic locale fat ankles

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 racy foreskin corner

"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: flesh alpha roommate

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: bull headed histrionic locale fat ankles

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 racy foreskin corner

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: Underhanded Police Squad Church Building

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: bull headed histrionic locale fat ankles

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: nighttime aphrodisiac library prole

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: bull headed histrionic locale fat ankles

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: slate sanctuary

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: Beady-eyed jade stage

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: nighttime aphrodisiac library prole

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)