Harry Stebbings
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Appearances Over Time
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We'll talk about Adobe in a second.
We'll talk about Adobe in a second.
Maybe at 1x, Wix is now priced to the point where logically the expected return at that point should be equivalent to the 10x, right?
Maybe at 1x, Wix is now priced to the point where logically the expected return at that point should be equivalent to the 10x, right?
But what you're saying is exactly, if you're on the bad side of the T accounts, the only forcing function left is price.
But what you're saying is exactly, if you're on the bad side of the T accounts, the only forcing function left is price.
And price has its wicked way.
And price has its wicked way.
This is, I'm going private.
This is, I'm going private.
Could not agree more.
Could not agree more.
If I was running Wix, instead of having wasted that buyback, like actually maybe the buyback, because you're right, if you're going to break your pick for the next five years and they're willing to give you the company at one time's revenue now, well, screw it.
If I was running Wix, instead of having wasted that buyback, like actually maybe the buyback, because you're right, if you're going to break your pick for the next five years and they're willing to give you the company at one time's revenue now, well, screw it.
I can break my pick.
I can break my pick.
Find your silver lake, take the company private.
Find your silver lake, take the company private.
That's exactly, that was the sweetheart deal of all sweetheart deals, which is why he's, you know, top 10 on the billionaire list.
That's exactly, that was the sweetheart deal of all sweetheart deals, which is why he's, you know, top 10 on the billionaire list.