Comments on: Ex-Apple execs get a 'blank check'

Acquicor has given itself 18 months to find a company to buy, or it will return to shareholders the $140 million it raised.

[macdesign13]

Hmmmmm

I think this seems a bit weird. You'd think the three of them would
have a set business in mind before raising that kind of money. It
looks to me that more due diligance is needed before it gets to this
stage. But that's just me.

[VegasBaby]

Wut??

This is about the most unlikely trio of people with the weirdest
"plan" I could imagine.

Having worked with Gil and Ellen in the past, I can't imagine
them with the likes of Woz. And, giving the shareholders' right
of refusal in the acquisition of a company seems pretty strange,
especially as the acquisition IS the company!

May they go in peace, and not eat each others' offspring (or each
other)... Giant egos with Gil & Ellen!

[Source00]

Uhhh... okay... uhm... How 'bout No?

Now ain't this a twist... basically the idea here is that we (the public) are investing in the business know how of this trio (talk about ego) and making the bet that their skills and a butt load of money can make a company successful. This might be an interesting concept but I'd say these are the wrong players to do it. First off, they are not the staff which has made Apple the success it is today. Except for maybe the WOZ... he is a force unto himself but I'd say he's more of a creative force rather than a operations and managment one. As for the other two... Last I checked, Exodus did just that after the .com bubble burst (Chapter 11 then liquidated) and Gil Amelio... the former Apple CEO who managed Apple's stock price to a 12 year low? For me this one is a pass. Maybe they can find a talented company and bring it to the public's attention (as most VCs try to do), but what's with front loading the IPO??? Investors be warned!!! You're investing in nothing and they are hoping to turn nothing into something... "DANGER WILL ROBINS, DANGER!!!" This stinks of the "business plan on a cocktail napkin" practices that were common back in the days of the .bom. Thanks but no thanks!

[Source00]

Uhhh... okay... uhm... How 'bout No?

Now ain't this a twist... basically the idea here is that we (the public) are investing in the business know how of this trio (talk about ego) and making the bet that their skills and a butt load of money can make a company successful. This might be an interesting concept but I'd say these are the wrong players to do it. First off, they are not the staff which has made Apple the success it is today. Except for maybe the WOZ... he is a force unto himself but I'd say he's more of a creative force rather than a operations and managment one. As for the other two... Last I checked, Exodus did just that after the .com bubble burst (Chapter 11 then liquidated) and Gil Amelio... the former Apple CEO who managed Apple's stock price to a 12 year low? For me this one is a pass. Maybe they can find a talented company and bring it to the public's attention (as most VCs try to do), but what's with front loading the IPO??? Investors be warned!!! You're investing in nothing and they are hoping to turn nothing into something... "DANGER WILL ROBINS, DANGER!!!" This stinks of the "business plan on a cocktail napkin" practices that were common back in the days of the .bom. Thanks but no thanks!