Very provocative headline (see title of blog post) for an interesting WSJ piece: “They are serious about making a change,” one person familiar with the matter said. Nokia board members are “supposed to make a decision by the end of the month,” that person said. They should be very serious about making a change – [...]
Anthony and I are in the business of bidding $100 for companies/divisions that we think we can turn around. But, despite our convictions, we are well aware of the skepticism out there. “But, Ben, isn’t $100 far too cheap?” I have to admit the doubts did get to me, but no longer. Apparently, large, recognizable [...]
As frequent readers of this blog know, my Benchpress-partner-in-crime Anthony and I like making ridiculous $100 offers for failing companies/divisions. One may inquire, then, given Blockbuster’s pitiful plight (which has been so poor that they’ve even been the subject of an Onion video parody), why we haven’t made our usual $100 offer. The reason is [...]
Circuit City, Anthony and I reached out to you and countless other troubled firms with our bid of $100. We presented some of our awesome strategy to revitalize your core business. Yet you turned us down. And what happened? You’re now seeking bankruptcy protection. Circuit City Stores Inc. filed for bankruptcy amid rising competition from [...]
A guest post (the first!) by my good buddy, Anthony , who after a couple of minutes of brainstorming with me on what companies to offer $100 for and what we’d do to save them came up with this little bit:Hi everybody, I’m Anthony, Ben’s partner in low-ball offers to disastrous companies. A couple of weeks [...]
When Anthony and I laid down our bid of $100 for any failing company/business unit out there , we knew we were going to face skeptics. We didn’t know we were going to face competition. Damn you, Dogbert! Image source
My friend Anthony and I are taking a stand. We were miffed when Motorola didn’t even consider our offer of $1 for Motorola’s handset division (seriously, why give it to Qualcomm’s ex-COO?). We were annoyed when our offer of $2 for Lehman Brothers was ignored (and now look where they are). So, we’re going to [...]