Arm's Length Transaction

  

No friends and family dealing here. It was a fair market deal. The handshake was done with a fully extended arm. no hugging. The term implies that there was nothing discounted or special about the terms of a given deal. It was ..."market."

Related or Semi-related Video

Finance: What is mark to market?2 Views

00:00

Finance a la shmoop what is mark-to-market?

00:06

alright well Google was private for a long time before it went public public [Google timeline appears]

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mutual funds bought the shares of the company when it was private, the company

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did a few later stage B C and D rounds before going public in 2004 and each

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iteration those subsequent rounds valued the company more highly so a mutual fund

00:27

invested say 20 million dollars in the B round they would have seen the C round

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done at maybe double the valuation and while that mutual fund would then

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mark to market or mark up their twenty million dollar investment to now be

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worth forty million dollars even though the stock of goog was not yet publicly

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traded and then it came along the D round which was done at triple the [D round investment appears]

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valuation of the C round so then those shares of goog would have to be again

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marked up or marked to the new current market valuation which was three times

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the previous rounds valuation of 40 million aka a hundred twenty million

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bucks today eventually the company did go public and there was no longer need [Google stock price rises on graph]

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to mark its value to the market because well the market valued it basically

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every second of the trading day if you want to learn more about all this stuff

01:19

well then you can just you know google it

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