The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.
Targeted marketing delivers a lower customer acquisition cost and gets you to profitable growth faster. The goal is to quickly identify the costs associated with acquiring your most profitable segment of customers and the incremental value - if any - of going beyond your core.
You can't get into the trap of paying for customer acquisition.
When a publisher spends an inordinate amount on an acquisition, it will do everything in its power to make that project a market success.
We generally acquire a company every three to four weeks on average. And so it's a rare month that there's not a company being bought. We typically buy for technology and really great people.
Amassing a user base is a lot harder than one might think.
That's the reality of what they're going to sell them to the Treasury for.
A European brewery has purchased Anheuser-Busch, the makers of Budweiser, for $52 billion. Which is a a shame because if they had waited until happy hour, they could have paid half that.
In my world, historical revenue is the least interesting thing to consider in an acquisition strategy.
Goodrich was the biggest acquisition in the history of aerospace.
