Evidence receipt / evaluation
Published · transcript-backedDavid Rosenthal: evaluation
18 Sept 2017 Acquired AOL and Time Warner (with the Internet History Podcast)
“To me, I would classify it as an “other” because I’m trying to wreck my brain here about any other deal we’ve covered on this show where the rationale for it has literally zero to do with the business.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 18 Sept 2017
- Publisher
- Acquired
Transcript context
…Well, actually, before you do, David, do you agree with that? What’s your take on it? Well, I think I would classify it as… I think you guys are totally right. To me, I would classify it as an “other” because I’m trying to wreck my brain here about any other deal we’ve covered on this show where the rationale for it has literally zero to do with the business. There is nothing going on here except it’s not an asset that’s valuable to AOL as a business. Certainly not technology. It’s not people. Business line, sure, but like it’s just tons of business lines there essentially buying a conglomerate. The only reason they’re doing it is to just sort of save their own net worth, personal net worth. This might be a crazy analogy but the analogy that springs to mind is you know how like Dubai and all the golf countries, they know that oil is going to run out someday so they’re trying to turn into tourist destinations. So that has nothing to do with energy or natural resource but they’re like, “yeah, we know.” We got to do something that sustainable, you know.…
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