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by lazyeye 891 days ago
The Berkshire Hathaway of The Internet

https://awilkinson.medium.com/the-berkshire-hathaway-of-the-...

2 comments

Ha, I figured it must be Tiny even before realizing who the author was (or seeing the name in the url).

It's tough as a founder who only ever expects to sell one company though. You don't really know how much you're potentially giving up for that easy deal if you haven't tried to solicit other offers. But you can't know of any offer is really real without spending months working on it. I'm really not sure what I'll do when I'm ready to sell. Maybe the perfect offer will just drop into my lap someday; that'd be nice.

> Not only that, but he typically pays below market prices and avoids dealing with investment bankers.

Is this true? I don't think so. When they buy a public company, both sides surely have investment banks that help them to correctly value the deal.

Also, "pays below market prices" is probably commentary about his value strategy.