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Published · transcript-backed

David Rosenthal: evaluation

14 Oct 2016 Acquired Zillow + Trulia (with Zillow Group CFO Kathleen Philips)

“Which gets me to what I think is certainly the most amusing part of this deal, that I was going to bring up after you close on announced on July 28, and news comes out, the market reacts, but news also comes out then that Trulia’s co-founder, not Pete but Sami Inkinen was literally in a rowboat in a crew scull rowing across the Pacific Ocean for the entire time that this negotiation was going on.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
evaluation
Recorded
14 Oct 2016
Publisher
Acquired

Transcript context

…And I should mention here because when we walked through it like this, it makes it feel like all that was happening was the price negotiation. You have to picture 50 people or so at Zillow working on the merger agreement and all the diligence because we needed to announce it right away. So, it was a pretty nerve-racking period of time where we were still waiting to reach agreement on key terms but meanwhile, we're negotiating, the whole host of other things that you negotiate in the merger agreement. Which gets me to what I think is certainly the most amusing part of this deal, that I was going to bring up after you close on announced on July 28, and news comes out, the market reacts, but news also comes out then that Trulia’s co-founder, not Pete but Sami Inkinen was literally in a rowboat in a crew scull rowing across the Pacific Ocean for the entire time that this negotiation was going on. That is right. I don’t know what it was like in that boat, but we probably would jockey to say he was feeling a little bit more miserable at the time, right?…

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