Comments on: Another personal story: Timing is everything in a sale. https://berkonomics.com/?p=3578&utm_source=rss&utm_medium=rss&utm_campaign=another-personal-story-timing-is-everything-in-a-sale Dave Berkus' business insights Tue, 02 Oct 2018 18:53:48 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: fred hamilton https://berkonomics.com/?p=3578&cpage=1#comment-121031 Tue, 02 Oct 2018 18:53:48 +0000 https://berkonomics.com/?p=3578#comment-121031 WOW!

]]> By: Dave Berkus https://berkonomics.com/?p=3578&cpage=1#comment-121028 Tue, 02 Oct 2018 17:31:17 +0000 https://berkonomics.com/?p=3578#comment-121028 In reply to Michael O’Daniel.

Michael,
The buyer combined two competitors and one year later flipped the combined company to Rupert Murdock at an additional 100% markup. Murdock combined “us” with MySpace to create Fox Interactive. Every story has more of a tale to tell if time and space permits…

Dave

]]> By: Michael O'Daniel https://berkonomics.com/?p=3578&cpage=1#comment-121027 Tue, 02 Oct 2018 16:58:31 +0000 https://berkonomics.com/?p=3578#comment-121027 Your prospective buyer wanted 49% *and* wanted to run the company? I worked for a company where a 1% shareholder essentially seized control of the company, and ran it into the ground. At least you survived the internet bubble. What happened to the buyer you turned down?

This story is a great example of not only luck and timing, but the patience that comes with wisdom and experience. “Getting to no” is often more critical than “getting to yes.”

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