A Quote by Brian Acton
I myself saw Yahoo become a $100 billion company and then become a $10 billion company, so you always have to look at valuations with a grain of salt and understand it is a point-in-time measure.
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There's a certain degree of speculation that goes into valuations. In so far as the market supports a valuation, everyone who gets a great one deserves it, but they should also be cautious because that speculation is temporary. I saw Yahoo go from $100 billion to $10 billion. It's not a long-term measure.
It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.
If everyone agreed to become vegetarian, leaving little or nothing for livestock, the present 1.4 billion hectares of arable land (3.5 billion acres) would support about 10 billion people.
A father and two sons run Adelphia. It's a cable company. And they took from that company a billion dollars. A billion. Three people - three people took a billion dollars. What were they gonna do, start their own space program? 'Let's send the monkey to Mars, Dad!'
Valuations are actually quite simple to grasp. A company is only worth what two acquirers are willing to pay for it. Don't you just need to find that one buyer? If there is only one potential company interested in buying your startup, chances are you won't be hearing the word 'billion' in the offer.
Since 2011, Groupon has lost $730 million, and Zynga has lost just over $1 billion. Twitter has been in business for 10 years and went public in 2013. Since then, the company has lost $2 billion.
Yahoo was Jerry Yang's baby. He did a great job creating the baby. Unfortunately, some of the key executives after the foundation of the company couldn't keep up with the technology innovation of the industry. They thought that Yahoo should become a media company.
You can't come in and value your company at $10 billion if you don't have any sales, or you don't have anything to justify why your company is worth that much.
What's fascinating . . .is that you could now have a business that might have been selling for $10 billion where the business itself could probably not have borrowed even $100 million. But the owners of that business, because its public, could borrow many billions of dollars on their little pieces of paper- because they had these market valuations. But as a private business, the company itself couldn't borrow even 1/20th of what the individuals could borrow.
Zuckerberg rejected $2 billion for Facebook and has successfully created a company worth nearly $200 billion.
I don't believe $25 billion or $50 billion or $100 billion is going to change the way Detroit does business.
I never said it. Honest. Oh, I said there are maybe 100 billion galaxies and 10 billion trillion stars. It's hard to talk about the Cosmos without using big numbers. I said "billion" many times on the Cosmos television series, which was seen by a great many people. But I never said "billions and billions." For one thing, it's too imprecise. How many billions are "billions and billions"? A few billion? Twenty billion? A hundred billion? "Billions and billions" is pretty vague. When we reconfigured and updated the series, I checked-and sure enough, I never said it.
It's easy for a multi-billion company like WWE - it's for a company like that to hire anyone. So I'm glad Bobby Lashley is back in action with that company, 'cause he's a fantastic guy.
Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal.
My company in the U.S., Pratt Industries U.S.A., has grown from scratch to become a billion-dollar business based on recycling, as well as the largest Australian-owned employer of U.S. citizens.
The UN special envoy on food called it a 'crime against humanity' to funnel 100 million tons of grain and corn to ethanol when almost a billion people are starving. So what kind of crime is animal agriculture, which uses 756 million tons of grain and corn per year, much more than enough to adequately feed the 1.4 billion human who are living in dire poverty?
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