FLU: Lynch, according to Larry Ellison, tried to sell Autonomy to Oracle, but they sent him packing, claiming that Autonomywas way overvalued.
I don’t remember the number that Lynch floated to Oracle, but I want to say it was $2B and Ellison said that was too high. Lynch is vehemently denying that this ever took place, Ellison has been releasing notes, along with the Autonomy slide deck presented.
All of which begs the obvious questions. First, how in the hell did HP get to an $11B valuation number, and, second, how did that insane number survive due diligence?
Perhaps SK, the resident CPA, can answer that because I have no clue.
