Don't agree. There are so many variables to consider, that one usually needs more information to get a good understanding of a business and to understand where the value creation is happening. That obviously doesn't mean you need to hand out proprietary information to everyone who is going on a fishing expedition, but not doing so will absolutely kill any deal before it's even put together.
Consider the following: how would you value a business, if you don't know how it is structured, how it operates, and how much revenues and profits it's generating?
I can potentially see that working for some cool technology startup, or an acqui-hire, but not for an actual business with revenues (and more importantly, profits).
Those small acquisitions, they're not investments for Google, they're expenses. The $500m-$1bn+ ones, those are investments. Big difference in thinking.
Consider the following: how would you value a business, if you don't know how it is structured, how it operates, and how much revenues and profits it's generating?
I can potentially see that working for some cool technology startup, or an acqui-hire, but not for an actual business with revenues (and more importantly, profits).
Those small acquisitions, they're not investments for Google, they're expenses. The $500m-$1bn+ ones, those are investments. Big difference in thinking.