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Of course this company is for sale

danshapiro.com

21–30 of 41 posts

Re: Of course this company is for sale

#21

Some things are not be for sale. I own a replica of Jackie Robinson’s Kansas City Monarchs Negro League Jersey. I wear it to baseball games (where else?) I once was offered $100, cash for the jersey at a Blue Jays game. I said “no.” The offer was raised to $200. Again, no. I explained it wasn’t for sale. The fellow offering me the money explained that “everything was for sale.” I find such people manipulative. They h…

Some people are stupid :-) He would have learned much working for you for four hours, and he would have a rare collectible jersey! But I disagree with this "I find such people manipulative. They have money, so they try to twist the rest of the world to play by their rules." Sometimes it is as you say, a sense of entitlement, however sometimes it was an opportunity they didn't have. Let me share two anecdotes to illus…

Let me share two anecdotes to illustrate, first we have old VAX parts. You know that architecture that Digital Equipment made around the turn of the century. During the big Y2K scare a lot of perfectly good VAX computers were dumped for scrap, I bought too many of those. But in putting together working examples for my collection I would have extra parts. Sometimes I'd sell those parts. I asked a guy who was buying a part from me for more money than I had paid for the entire system why he didn't do what I do and just pick up scrapped machines? His response was surprising. He related that he spent his time shipping stuff around the country, he made good money doing it. He used VAXes running his custom software to make that work. He spent his time doing what he was good at, and then using the extra money he made to occasionally go out and buy a VAX part. The money was fungible he could translate it into VAX hardware easily. If he subtracted off the money he would lose by spending his time buying up old machines and testing them instead of shipping stuff, and added back the money he saved by getting parts this way, he still came out behind just shipping stuff . So while I might think he was 'paying a lot' for a part, he was, in fact, saving money!

I think my guy understood very well that it was easier for him to trade stocks or buy and sell companies or whatever it was he did to make money than work for a fellow who was selling Macintosh computers. And he probably did enjoy his work. I agree with his reasoning, I was annoyed by being told that everything is for sale as if I have no free will in the matter :-)

Re: Of course this company is for sale

#23

Some things are not be for sale. I own a replica of Jackie Robinson’s Kansas City Monarchs Negro League Jersey. I wear it to baseball games (where else?) I once was offered $100, cash for the jersey at a Blue Jays game. I said “no.” The offer was raised to $200. Again, no. I explained it wasn’t for sale. The fellow offering me the money explained that “everything was for sale.” I find such people manipulative. They h…

Some people are stupid :-) He would have learned much working for you for four hours, and he would have a rare collectible jersey! But I disagree with this "I find such people manipulative. They have money, so they try to twist the rest of the world to play by their rules." Sometimes it is as you say, a sense of entitlement, however sometimes it was an opportunity they didn't have. Let me share two anecdotes to illus…

In case anybody's curious, the general principle behind those anecdotes is called comparative advantage. Definitely one of the more entertaining bits of economics!

http://en.wikipedia.org/wiki/Comparative_advantage

Re: Of course this company is for sale

#24

He was extremely clear that anything less than a multibillion dollar IPO was a pathetic failure, and he’d resign before he’d let such an abomination happen. So his startup is not actually for sale. An IPO is essentially a partial sale. But, really, if someone came and offered him $30bn right now, would he sell? If so, it's for sale (and, yep, there are certainly people who would never sell certain things at any price…

Does anyone know where this one actually comes from?

Re: Of course this company is for sale

#25

He was extremely clear that anything less than a multibillion dollar IPO was a pathetic failure, and he’d resign before he’d let such an abomination happen. So his startup is not actually for sale. An IPO is essentially a partial sale. But, really, if someone came and offered him $30bn right now, would he sell? If so, it's for sale (and, yep, there are certainly people who would never sell certain things at any price…

Does anyone know where this one actually comes from?

I'd heard it attributed to Winston Churchill. But, some Googling reveals other attributions to George Bernard Shaw, and nothing conclusive either way. So I'd say that it's uncertain who said it, or even that someone famous did.

Re: Of course this company is for sale

#26

He was extremely clear that anything less than a multibillion dollar IPO was a pathetic failure, and he’d resign before he’d let such an abomination happen. So his startup is not actually for sale. An IPO is essentially a partial sale. But, really, if someone came and offered him $30bn right now, would he sell? If so, it's for sale (and, yep, there are certainly people who would never sell certain things at any price…

Does anyone know where this one actually comes from?

Churchill http://www.goodreads.com/quotes/show/300099

Re: Of course this company is for sale

#27

Earlier quoted context omitted.

Does anyone know where this one actually comes from?

I'd heard it attributed to Winston Churchill. But, some Googling reveals other attributions to George Bernard Shaw, and nothing conclusive either way. So I'd say that it's uncertain who said it, or even that someone famous did.

I'll add that I heard it was Oscar Wilde to the list. Who really knows?

Re: Of course this company is for sale

#29

Earlier quoted context omitted.

Some people are stupid :-) He would have learned much working for you for four hours, and he would have a rare collectible jersey! But I disagree with this "I find such people manipulative. They have money, so they try to twist the rest of the world to play by their rules." Sometimes it is as you say, a sense of entitlement, however sometimes it was an opportunity they didn't have. Let me share two anecdotes to illus…

Let me share two anecdotes to illustrate, first we have old VAX parts. You know that architecture that Digital Equipment made around the turn of the century. During the big Y2K scare a lot of perfectly good VAX computers were dumped for scrap, I bought too many of those. But in putting together working examples for my collection I would have extra parts. Sometimes I'd sell those parts. I asked a guy who was buying a…

You definitely have a free will -- you are free to define asking price.

:-)

Re: Of course this company is for sale

#30
From experience those who say they'll never sell at any price are often the ones that end up selling for peanuts.

Anyone can talk the talk, and since that movie saying you wont sell is the "tough guy quote of the day".

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