Yahoo's $30M May Be Underpay for Summly's D'Aloisio
May 7 (Bloomberg) -- Gregory Gale, partner at Squire Sanders LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of 17-year-old British programming whiz Nick D'Aloisio in the recent sale of his mobile startup Summly to Yahoo! Inc. for a reported $30 million. Gale, in this "Rainmakers" episode, also explains why the biggest U.S. Web portal's purchase price may be an "underpay" for the teenage entrepreneur and discusses the reasons for increased overseas M&A activity by Silicon Valley companies.
Most Recent Videos
Was the DNC Hack Preventable?
53:18 - Eric O'Neill, Carbon Black's national security strategist, discusses how to respond to government hacks with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)