In a Vanity Fair blog post, a former New York Times "Bits" columnist calls fellow reporters to task for their culpability in the Theranos fiasco. Writer Nick Bilton sheds light on the inability/unwillingness of the tech press to dig deeper and, by not doing so, played a role in the deification of Theranos CEO Elizabeth Holmes. An important lesson for those investing in businesses: Do your own due diligence. Read more here.
You're invited to our CKS Open House, May 19
Please join us at our office on May 19 from 4:00-6:00pm, 6263 N Scottsdale Rd # 390. Email Cathy Miele to RSVP.
2016 looking bright for IoT
So far this year, there have been almost two dozen major M&As in the Internet of Things (IoT) arena, including the announcement that Cisco was buying Jasper Technologies IoT services' platform for $1.4 billion.
Read more here.
The valuation gap: an ongoing topic at CKS
Axial Forum's Meghan Daniel spoke to a number of Axial's members for their insight into the low volume of middle market deals in January and February. Many attributed the slow activity to "the growing gap between seller and buyer valuation expectations." The numerous reasons for valuation gaps and productive ways to address them is a regular topic of conversation at CKS.
Click here to read more.
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