Comment Comment by dinobones This makes no sense.Assume 1,000 customers each generating $2m in ARR with contracts. That’s $2 billion. Assume generous 6x ARR valuation, that’s $12 billion.Where is this $20 billion premium coming from? How could the board approve this? How is this fair to shareholders?Heck, as a minor shareholder in GOOG, I don’t find this financially responsible at all.I can’t help but think sometimes these tech acquisitions have some hint of nepotism/deeper underlying motivations behind them than meets the eye. parent dinobones 1 year ago
Assume 1,000 customers each generating $2m in ARR with contracts. That’s $2 billion. Assume generous 6x ARR valuation, that’s $12 billion.
Where is this $20 billion premium coming from? How could the board approve this? How is this fair to shareholders?
Heck, as a minor shareholder in GOOG, I don’t find this financially responsible at all.
I can’t help but think sometimes these tech acquisitions have some hint of nepotism/deeper underlying motivations behind them than meets the eye.