Hacker News Reader

To be fair, there are probably dozens of such deals every day in traditional non-tech industries.

Yup. For example, did you know that CK Infrastructure is buying Ista? Ista builds energy meters, and is worth... $4.5B.

http://www.reuters.com/article/deals-day-idUSL3N1JI3AN

Is this a fair analogy when considering Ista's history ("Clorius is taken over by ista. -1974")? https://www.ista.com/uk/company/facts-figures/history/

They also have a billion dollars in revenue, and generate cash.

Yes, like a Tequila company founded by George Clooney getting bought for $1b today

Is was mentioned on NPR's Marketplace this evening that Clooney and Co's Tequila company was founded mostly by accident. And ended up being worth $1b.

Reply on news.ycombinator.com