“If you buy companies at 4x… you’re buying 10 M worth of cash flow… you’ll have cash flow from subsidiaries to fund later deals.”
GB
Giuseppe Balzano
Buyers and Builders ·
“If you wanted to buy Palm, the best way is not to buy Palm itself, but to buy 3Com which owned Palm, getting the other businesses for free.”
Alex Edmans · The Rational Reminder Podcast · The Madness of Markets (Alex Edmans)
Play from 39:30
39:30
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
Buy the parent company (3Com) instead of the over-valued subsidiary (Palm) to capture the subsidiary plus other businesses at a discount
Said nearby on the same subject
“They might buy an eight, 10 block, split it… live in one, build it tax-free, have the other in a company and pay company tax.”
EM
Emilio Martinez
Geared for Growth Property Investing Podcast ·
“They recycled profits into buying other businesses in other industries, such as publishing and printing, the paper industry, then the first foray into sports...”
♫
Said on The Desert Island Investor
“So we developed a valuation business, an exit prep business. I'm on boards of other companies, you know, in that way in order to develop the relationships.”
♫
Said on Business Broker Growth Show
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.