Comments on: Flickr, Smugmug And Others Bidding To Buy JPG Magazine Says TechCrunch http://thomashawk.com/2009/01/flickr-smugmug-and-others-bidding-to.html Fri, 10 Feb 2012 02:09:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ron http://thomashawk.com/2009/01/flickr-smugmug-and-others-bidding-to.html/comment-page-1#comment-57 Ron Tue, 06 Jan 2009 09:07:00 +0000 http://clients.emmense.com/thomashawk/?p=16#comment-57 @Alexander Muse - maybe I misunderstood your mail copied here:<br /><br />Ron, Got it. We are not interested in offering a cash component. Of course, we believe our offer will provide the best upside to the shareholders in a future market, but I understand the desire to cash out now if at all possible. Our offer stands. --- Alexander Muse <br /><br />On Jan 5, 2009, at 11:20 AM, Ron Palmeri wrote: Alex – we’ve got over 20 interested parties and are only considering offers that have a cash component at acquisition. the deadline for offer submission is Wed close of business CA time. I’m happy to review a revised offer if you so choose.<br /><br />From: Alexander Muse [mailto:alexmuse@gmail.com] Sent: Monday, January 05, 2009 8:58 AM To: Mitchell Fox; Ron Palmeri; Devin Poolman Subject: Following up... Based on the lack of communication I assume you all have everything taken care of - i.e. found a buyer? I have told my lawyers to stand down. I am available today if necessary, but I would appreciate some level of communication regarding the process.<br /><br />- but it is pretty clear you were trying to get something for nothing. we're just seeking the best outcome for JPG and the community.<br /><br />regarding @jpdefillippo – I’m not sure how putting a ton of money into an idea kills it, but everyone’s entitled to their own little soapbox on the Web, I guess that’s what Twitter is for… @Alexander Muse – maybe I misunderstood your mail copied here:

Ron, Got it. We are not interested in offering a cash component. Of course, we believe our offer will provide the best upside to the shareholders in a future market, but I understand the desire to cash out now if at all possible. Our offer stands. — Alexander Muse

On Jan 5, 2009, at 11:20 AM, Ron Palmeri wrote: Alex – we’ve got over 20 interested parties and are only considering offers that have a cash component at acquisition. the deadline for offer submission is Wed close of business CA time. I’m happy to review a revised offer if you so choose.

From: Alexander Muse [mailto:alexmuse@gmail.com] Sent: Monday, January 05, 2009 8:58 AM To: Mitchell Fox; Ron Palmeri; Devin Poolman Subject: Following up… Based on the lack of communication I assume you all have everything taken care of – i.e. found a buyer? I have told my lawyers to stand down. I am available today if necessary, but I would appreciate some level of communication regarding the process.

- but it is pretty clear you were trying to get something for nothing. we’re just seeking the best outcome for JPG and the community.

regarding @jpdefillippo – I’m not sure how putting a ton of money into an idea kills it, but everyone’s entitled to their own little soapbox on the Web, I guess that’s what Twitter is for…

]]> By: Anonymous http://thomashawk.com/2009/01/flickr-smugmug-and-others-bidding-to.html/comment-page-1#comment-58 Anonymous Tue, 06 Jan 2009 06:54:00 +0000 http://clients.emmense.com/thomashawk/?p=16#comment-58 cache != cachet cache != cachet

]]> By: Alexander Muse http://thomashawk.com/2009/01/flickr-smugmug-and-others-bidding-to.html/comment-page-1#comment-59 Alexander Muse Mon, 05 Jan 2009 21:27:00 +0000 http://clients.emmense.com/thomashawk/?p=16#comment-59 After Friday JPG really just cut off negotiations. They didn't try to get more money from us, they just went dark. I assume someone must be offering something Minor Ventures wants and as a result they aren't really interested in a deal with us. But I guess keeping us 'around' may help their negotiations with whoever the buyer will be. If your post is correct, it is sort of sad... But I guess the whole thing is sort of sad... After Friday JPG really just cut off negotiations. They didn’t try to get more money from us, they just went dark. I assume someone must be offering something Minor Ventures wants and as a result they aren’t really interested in a deal with us. But I guess keeping us ‘around’ may help their negotiations with whoever the buyer will be. If your post is correct, it is sort of sad… But I guess the whole thing is sort of sad…

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