Re:Stack Overflow sold to Prosus for $1.8B
by Aditya_Garg on Wednesday June 02, 2021 @04:18PM
(#27373555)
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.
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Maybe they wanted the cash in hand rather than a high variance company valuation. Or just wanted to transition their money and attention to something else. There are plenty of reasons to want to sell a company in a way that both sides come out ahead.
Re:Stack Overflow sold to Prosus for $1.8B
by bhandziuk on Wednesday June 02, 2021 @04:57PM
(#27373934)
Also keep in mind that the public SO doesn't even have to change much for there to be "big changes". SO Jobs is where the money is made and they have private Q&A sites for businesses.
Perhaps they want liquidity, a more diverse portfolio, etc.
Re:Stack Overflow sold to Prosus for $1.8B
by bcrosby95 on Thursday June 03, 2021 @01:06PM
(#27384238)
A bird in the hand is worth two in the bush.
Re:Stack Overflow sold to Prosus for $1.8B
by Aditya_Garg on Thursday June 03, 2021 @02:25PM
(#27385365)
If 1.8 billion in the hand is worth more than 1.8 billion year to year, then Prosus would've never bought.
The only way this deal is advantageous for both parties is if something changes, and unfortunately that something is probably Stack Overflow.