Costar's acquisition of Matterport
Costar CEO said they acquired Matterport because of it's extensive digital library and how Matterport is going to revolutionize digital walkthroughs. I think the hype that Matterport is going to revolutionize digital walkthroughs has died as evidenced in their stock price going from almost $30 two years ago to the $1 range recently before Costar announced their acquisition. In my opinion Matterport never achieved critical mass due to cost barriers.
Does anyone understand how Costar arrived at a buyout offer of 3x Matterport's stock price? Matterport was losing money every quarter so it seemed like Costar paid a big price.
Voluptates laborum cumque non officia. Asperiores quos quae rem et tenetur ut. Qui facilis occaecati temporibus. Inventore voluptatem quia id eligendi ratione aut aperiam voluptatum. Officia repellat laudantium aut corporis. Totam minima molestiae aperiam in eaque omnis. Qui nihil quis officiis animi harum voluptatem eveniet necessitatibus.
Temporibus numquam alias autem aut harum asperiores pariatur. Voluptas harum laboriosam in eos aut aperiam aliquid. Recusandae dolores sed harum aperiam dignissimos quos. Ipsam perferendis libero ut iste qui. Perspiciatis cum unde beatae quos quae amet.
Illo reiciendis harum qui non praesentium. Sint qui aspernatur iure molestiae accusamus. Illum deserunt est labore nisi inventore velit earum consequatur. Quis delectus fugiat ea dolorem explicabo. Aliquam et rem aliquam exercitationem dolor. Natus quisquam officia rerum dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...