6 ms·

I haven't checked, but I assume the OMGPOP deal was stock. If your CEO was selling stock like mad and your stock is currently worth a fraction of what it was va

by trotsky 13y ago

I haven't checked, but I assume the OMGPOP deal was stock. If your CEO was selling stock like mad and your stock is currently worth a fraction of what it was valued at when you did the deal that is a strong piece of evidence that you never believed you "spent" $200MM. If you recast it as a $40MM deal (based on current valuations, iirc) it puts it in a different light. The instagram deal was similarly artificially inflated.

socillion 13y ago
It was $180 million in cash. Page F-32 in https://www.sec.gov/Archives/edgar/data/1439404/000119312512128284/d312579ds1a.htm https://www.sec.gov/Archives/edgar/data/1439404/000119312512...
- jmacd 13y ago
  Holdbacks are held in stock although booked as cash expenses, so saying $180m in Cash doesn't mean stock was not used.