GenuineVC David Beisel's Perspective on Digital Change

August 3, 2005

Yesterday Jupitermedia sold its SearchEngineWatch.com and SearchEngine Strategies show to UK-based for Incisive Media $43M in cash. CEO Alan Meckler outlines his reasoning in his blog stating that it was the most effective way to raise cash for future acquisitions given that he views his stock price as undervalued.

Rafat Ali of paidcontent.org wonders,

“They have a saying in our circles: When Alan Meckler sells, you know the market is at its peak. Meckler is the king of timing, and has always sold his companies at the right time. Does that mean people should get out of search? Just a thought…”

Hmm… I sincerely believe that there is still additional upside in search, but Rafat raises a very interesting counter-perspective to ponder.

About Me

  • avatar
  • I am a cofounder and Partner at NextView Ventures, a dedicated seed-stage venture capital firm making investments in internet-enabled startups. Read More »

Coordinates

Subscribe

NextView Twitter Stream

51015
  • Lee Hower
     - 1 day ago
    Obama said "I'll have more flexibility after the election" in 2012
  • robgo
     - 1 day ago
    @rick_maher @phil_verghis @getklever I kind of summarize the counter-argument in the post
  • robgo
     - 1 day ago
    Interesting data - what the Wealthfront 100 use for Applicant Tracking http://t.co/eZQtsEAwM8 from @hirenurture
  • robgo
     - 2 days ago
    @homebrew @hunterwalk nice - @adamludwin is awesome!

Search