We have to speculate for now, but perhaps he's not convinced the company can get another round of financing at the valuation the board wants to see.
By basing the sale on valuations that the board knew, or should have known, were inflated, the examiner suggested the board at the time neglected its duty to uphold its fiduciary duty to shareholders.
Across the board, valuations seem to be pinned on every company becoming a Google in its market.
The surge in share prices, at least until the euro zone started to worry markets again, has led to a wave of mergers and an upward revision of corporate valuations across the board.
Nevertheless, the clearest sign of a financial bubble in Silicon Valley would be if valuations across the board began to become divorced from reality.
Events in China have led to a decline in domestic public market valuations across the board, widening the gap even further — don't doubt for a single moment that it will have to close, one way or another.
A lot of today's hot startups will undergo a drastic reassessment, and this reevaluation will launch a domino effect across the venture ecosystem, toppling valuations across the board.
Had Box stumbled out of the gate, despite its modest pricing, valuations across the board for private companies in similar financial shape would have taken a nasty implicit knock.
Rising gold prices have pushed up valuations almost across the board, with similar gold companies being valued at an average of $87.5 per resource ounce from around $67 per resource ounce, according to Westhouse.
The proposal was rejected by Sky's board on valuation grounds but it agreed to work on regulatory issues in order to clear the way for any future merger deal.
How many boards accepted valuations and management assurances without really asking incisive questions and fully understanding the answers?
