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Articles tagged with: mergers and acquisitions

Creativity, Features, Hedge Funds, Investing, Politics, Private Equity, Randomness »

[1 Jun 2008 | One Comment | 3,373 views]
Samurais, Jihadists, and Masters of the Universe

Earlier this month, Macquarie Group Limited (ASX:MQG), announced record profits on higher fees earned from deal making and strong equities trading. Macquarie is the leading investment bank in Australia and has intrigued me for quite some time because of its strength in the infrastructure industry. The megatrend of globalization means that infrastructure will play an increasingly important part of a global investment portfolio. Macquarie has carved itself a valuable niche as the leading investment bank for infrastructure assets and is consistently found all over the world making direct investments or …

Investing, Linkfest »

[27 May 2008 | No Comment | 884 views]
Investing Linkfest 5/27/08

Last week, I attended Zions Bank’s (ZION) 7th Annual International Trade and Business Conference. Most of the speakers were very interesting. John Howard, the former Prime Minister of Australia, gave a lively keynote speech and subsequently fended off with aplomb the inane question of a clearly wide-eyed political science student from the university. Christopher Padilla, the United States Under Secretary of Commerce for International Trade (that’s a mouthful), spoke about the opportunities in a world featuring an emerging power in China.

The one speaker that intrigued me most was Matthew Simmons …

Innovation, Investing, Startups, Technology, Trading »

[23 Apr 2008 | No Comment | 752 views]

I wrote about my short thesis on Netflix (NFLX) just about ten days ago. The company just the other day reported growing earnings but disappointed with a weak outlook. The stock fell a whopping 24% as investors ran for the exits. The market responded negatively to the increase R&D costs for developing streaming technology that would allow the company to deliver long-form digital video content over the Internet. These recent expenses have slowed down profit growth and promise to weigh on foreseeable future earnings.
My short thesis …

Entrepreneurship, Innovation, Investing, Startups, Technology, Venture Capital »

[18 Apr 2008 | One Comment | 701 views]

Venture capital follows the public equity markets. So it is no coincidence that many VCs think that funding activity will slow down in the foreseeable future. KPMG, the large accounting firm, surveyed venture capitalists and found that 69% of respondents think that we are currently in a recession. A whopping 90% believe we will see a drop in initial public offerings. All in all, this will result in less money raised in venture capital partnerships and thus less money available for startups. Startup funds will find …

Business, Entrepreneurship, Hedge Funds, Innovation, Investing, Startups, Strategy, Technology, Venture Capital »

[17 Apr 2008 | No Comment | 860 views]

Prompted by the rumblings of activist hedge funds Harbinger Capital and Firebrand Partners last month, I wrote about the New York Times (NYT) and its evolving technology assets. I found the Times to be surprisingly forward-thinking in its investments in the online world. As a strategic investor, it has made some fairly impressive investments in innovative startups that could solve the riddle of monetizing online news and content. Its investments include bets on blog advertising networks, news aggregation websites, blogging platforms, video sharing sites, job search engines, …

Investing, Linkfest »

[17 Apr 2008 | One Comment | 1,554 views]
Investing Linkfest 4/17/08

Optimism abounds with the market resolutely shaking off bad news while focusing myopically on the good, or relatively good, news. The cheerleaders on CNBC (GE) can scarcely be heard uttering the dreadful words of inflation, recession, stagnation, credit crisis, and foreclosures. Happily, they talk about earnings beats. Surprisingly, there are a number of really substantial earnings beats that seem to justify the current sanguine tone of the market.
A lot of the beats thus far have come from blue chip companies that dominate their industries and sectors. Logically, this makes sense. …

Entrepreneurship, Startups, Strategy, Technology, Venture Capital, Video »

[16 Apr 2008 | One Comment | 4,816 views]

I co-founded a tiny little agency a few months ago called SocialOptimize that was focused on producing Facebook apps. At the time of founding, my partner and I received almost overwhelming demand from companies who were desperate to gain a presence on social networking site Facebook. Facebook was already quickly turning into a cultural phenomenon as everyone and their grandmother started registering for the site and “poking” each other.
Essentially, it was this mass of humanity in digital form that attracted advertisers and marketers to jump on the bandwagon and either …

Hedge Funds, Investing, Private Equity, Technology, Video »

[5 Apr 2008 | 2 Comments | 1,731 views]

 
Steve Ballmer, CEO of Microsoft (MSFT) puts on his best poker face with this letter to the Yahoo! (YHOO) board of directors. Ballmer isn’t known all over the world as an innovator, but as a former lawyer and one of the architects of Microsoft’s monopolistic business tactics, I’m sure he can hold his own at the negotiation table. Of course, that hasn’t been the case lately with the outlandish premiums he paid for aQuantive and Facebook. So maybe he’ll back off of this hard stance:
Dear Members of the Board:
It has …

Business, Entrepreneurship, Features, Innovation, Investing, Startups, Strategy, Technology, Venture Capital »

[5 Apr 2008 | 7 Comments | 7,047 views]
Social Networking is Growing Up

Social networking has thus far been primarily about connecting with lost friends, playing simple games, and gawking at strangers. Aside from the amazing ability to reconnect with buddies from middle school, the rest of social networking mirrors normal human behavior in real life. Lots of people need an avenue for rest and relaxation. Dumb games like Pirates vs. Ninjas on Facebook replaces old time-wasters like watching TV. Who hasn’t been to the mall or the park watching people pass by? We’re all voyeurs to some degree but social networks like …

Business, Entrepreneurship, Investing, Strategy, Technology, Venture Capital »

[10 Feb 2008 | No Comment | 593 views]
Yahoo to Reject Microsoft Bid: Should Minnows Rejoice?

The New York Times (NYT) is reporting that Yahoo’s (YHOO) board plans to reject Microsoft’s (MSFT) $44.6 billion bid, launched about a week ago. This on the heels of an article, titled Yahoo Sale Could be Bad for Minnows, in which the New York Times explored the implications of the potential diminishment of one of the traditional “exit strategies” for entrepreneurial startups. Venture capitalists and startup entrepreneurs have long adhered to a playbook of creating cutting edge technology with the hope of being acquired by the big three of Google …