Don't Do It Google!
- Joshua M Brown
- October 18th, 2009
I've yet to see a successful Internet Roll-Up strategy executed and in my opinion, even a company as brutally successful as Google probably couldn't pull it off.
Watching Barry Diller collect assets like Expedia, Hotels.com and AskJeeves only to start spinning them off in frustration was a cautionary tale for old media execs. Having witnessed Microsoft's absurd valuation for their Facebook investment, Ebay's Skype debacle and even Google's "extra-billion" spent on Youtube, I'd say that the jury is in on this type of m&a activity on the interwebs.
Giga Om tackles a set of potential future deals Google is in a position to make and offers up plenty of good reasons why they shouldn't.
The four investments that Kevin Kelleher believes Google should avoid are:
- Hulu
- Ebay
For an explanation on why each of these potential deals would be a blunder, check out Kelleher's breakdown of the pros and cons:
4 Places Google Could Put Its Money (Giga Om)
Full Disclosure: Nothing on this site should ever be construed as research, advice or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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