Originally Posted by
SparkyTheClown
That's right. Just give a software company that doesn't make profits $20m to go out and make some undefined acquisitions. Just trust the unknown company directors and their board.
Arguably you would be better to invest in the acquisition target!
I'm really concerned that we are starting to see the headlong rush into companies whose fundamentals aren't being properly considered, in industries with significant risk (software startups). In 2011, people were religiously scrutinising investments, caring about profits and performance. Now.... oh well, it's a tech company. Just invest in it.
What's the worst that can happen....?
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