In the space of less than 2 years Barnes & Noble has managed to merge businesses, bring in high - profile business
partners at high valuations, buy out those partners at huge losses (to the partners, of course) and then to re-divide the merged businesses.
Not exact matches
The dilemma for Fidelity and Hartford, says Drew Nordlicht,
partner and managing director of Hightower Advisors in San Diego, is whether to make subsequent investments
at their own price threshold, or to use Blackrock's 20 percent
higher valuation, which means a dilution of their own shares.
«Because the ecosystem has become more transparent you are always competing with other firms,» says Ross Fubini, a
partner at Canaan, who adds startups are still likely to choose the best venture capital firm, rather than the
highest valuation.