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izgzhen | 4 years ago

I agree.

Why buying a company if you don’t want to make any change? Investment firms make profits by buying low and selling high, and it is hard to sell higher than the purchase price if things are kept the way it is.

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bhandziuk|4 years ago

SO being SO has increased it's value year over year. There's no need to change anything, just ride those coat tails to profit.

Aditya_Garg|4 years ago

If the total accumulation of year to year profits was higher than 1.8B, then the current owners of Stack Overflow would've never sold.

stjohnswarts|4 years ago

Or you can pump it, promise lots of new technology and "synergies" and profits and then dump it for a huge sum to VC or Big 10 company while it's still promising but you're pretty sure it's time to dump.

takeda|4 years ago

When they do a valuation of a company they also take into account future profits. So all of it should be included in the price.

thaumasiotes|4 years ago

> Why buying a company if you don’t want to make any change?

To collect its revenue.

sumedh|4 years ago

> Why buying a company if you don’t want to make any change?

because it keeps printing money which you can use to acquire other companies. That is what Buffett does.