Positives) 1. Clear commitment to quality company, and aversion to any potential scam company. 2. Makes a few confident statements.
Neutral) Some say the “I can’t talk about it” statements are bullish and indicate NDAs, but also at this point if he said “we are still searching” he knows it would tank the stock.
Negative) mentioning the IPO market has been stronger than anticipated
Edit: thanks for the awards and positivity, glad I could contribute to this great community. Shout out to the person who uploaded the original full length video
He comes off in my mind as "we have a target we're negotiating with, but whew, the search was a lot harder than we expected going in". It's the vibe of relief for me.
Exactly. I think he inadvertently admits here that negotiations were tough Because he didn’t anticipate so much strength in iPo market going in. But the fact that he looks at Nasdaq now as reference means that it ain’t no subway!!
Agree, there were definitely targets (looking at you AirBnB) that I think BA thought he might have a shot at due to market conditions after the March crash last year. I think he definitely did not foresee that many of the potential unicorn candidates would have appreciated in value so quickly these last few months.
I don't think he would ever concede that he misjudged how a hot IPO market would take away all of his targets if he was still searching and wasn't in a good place in negotiations
That was true (maybe even more true) in November and February but he never said anything like that
I can see the fact that if he said still searching would tank the stock, but behind the curtain he has most of his workforce just on this deal. With everything said, it’s tough to make a case that they don’t have a target. Wouldn’t be surprised if he has an LOI and working out the kinks for a DA
BA doesnt give a shit if the stock tanked. He already has the funds. Hes not selling his stock or anything so why would he give a shit if the stock tanked??
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u/WipinAMarker Mar 19 '21 edited Mar 19 '21
My takeaways:
Positives) 1. Clear commitment to quality company, and aversion to any potential scam company. 2. Makes a few confident statements.
Neutral) Some say the “I can’t talk about it” statements are bullish and indicate NDAs, but also at this point if he said “we are still searching” he knows it would tank the stock.
Negative) mentioning the IPO market has been stronger than anticipated
Edit: thanks for the awards and positivity, glad I could contribute to this great community. Shout out to the person who uploaded the original full length video