The Yahoo board has approved a deal to pay $1.1 billion in cash for Tumblr

Re:The Yahoo board has approved a deal to pay $1.1 billion i... by diego on Sunday May 19, 2013 @01:49PM (#5733698)

If you and Marissa Mayer want the last burger in the world, how much is it worth? What if you're Mark Zuckerberg, and it's really important to her that you don't get a taste of that burger? Maybe she doesn't even like burgers.

Factors like the cost of the burger, or how fresh/tasty it is, become less important.

Also, all-cash doesn't mean what you think it means. The currency used to pay for a company (cash, stock, pork bellies, whatever) is independent of the vesting schedules of the employees/founders acquired. Typically investors receive most stock/cash immediately, while employees receive some up front and the rest over a period of time that is negotiable. 3-4 years is standard. Some deals are front-loaded (more than 50% in the first half) and others are back-loaded (the reverse).

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by pkmehta on Sunday May 19, 2013 @02:33PM (#5733900)

The point about vesting is one I hadn't considered. Thanks.

Re: the burger analogy, that also makes sense in the context of there being competition for this deal. But aside from a puff piece in TC which looks placed by sources (aka Tumblr banker Frank Quattrone), there didn't look like much competition in this case.

But nevertheless, thanks for the informative answer.

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by alan_cx on Sunday May 19, 2013 @01:56PM (#5733730)

Well, if you are British, you'd want to check that burger doesn't contain horse meat.

And as amusing as that might or might not be, there is also a point there.

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by icebraining on Sunday May 19, 2013 @03:39PM (#5734128)

There's nothing wrong with horse meat.

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by robotmay on Sunday May 19, 2013 @05:38PM (#5734497)

There are far fewer controls and standards for horse meat in much of the EU, meaning a lot of the meat which was being passed off as beef could potentially contain dangerous drugs not fit for human consumption.

If it's properly regulated though, you're right that there's no problem with it.

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by radiowave on Sunday May 19, 2013 @04:04PM (#5734195)

Potentially, there's a problem with any meat if you can't have confidence in where it came from. (British buyers didn't know they were buying food containing horse meat. They were being duped.)

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by ceejayoz on Sunday May 19, 2013 @08:27PM (#5735118)

If the beef isn't beef, you can't really count on any of the other food integrity items - like freshness - to be accurate either.

Horse meat's fine, I've had it... but it's unacceptable and potentially dangerous to have it sold as beef.

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by alan_cx on Tuesday May 21, 2013 @04:10PM (#5746515)

Who said there was?

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Re:The Yahoo board has approved a deal to pay $1.1 billion i... by camus on Sunday May 19, 2013 @04:11PM (#5734220)

unless it is sold as beef , then it is a scam since horse meat is quite cheap ,beef is not.

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