DISQUS

The Equity Kicker: Exit climate for consumer internet to remain benign

  • Paul Fisher · 2 years ago
    Nic I think you're completely missing the point.

    http://www.thecoffeeshopsofmayfair.com/2007/10/...

    It's not what you can auction them up to in the short term, it what value these businesses create over the longer term.
  • nic · 2 years ago
    Hi Paul,

    I agree we need to build companies for value and in the long run it doesn't help anyone when companies are bought for huge valuations which are then written down by 50% within a couple of years. My point is that those companies which look like they will generate value are likely to continue to get snapped up.
  • Yarden · 2 years ago
    Good point Nic,
    So it's fear and greed, really.
  • nic · 2 years ago
    When it comes to big companies I guess fear and greed are never too distant from any big decision. Unfortunately.