Monday, September 12, 2016

What would Tony Stark do?

Random thought that occurred to me today, amid the shareholder grumbling about Oracle's proposed takeover of Netsuite ...

T. Rowe Price, who is the second largest shareholder in Netsuite behind - ahem - Larry Ellison, says it's not so much the fact that Ellison is reaching into one pocket to pay himself in the other... it's just the price that Oracle is offering.  Maybe.

But your humble blogger can't help but think of the similar drama swirling around Elon Musk's proposal to have Tesla (which he controls) merge with Solar City (ditto).

Both Musk and Ellison had cameos in the movie Iron Man 2.  For those sad people who don't follow the Marvel comics universe, Tony Stark is a self-described "genius, billionaire, playboy, philanthropist" who becomes the superhero Iron Man.  Musk and Ellison have both been compared to Stark over the years, and have laid varying claims to those four descriptions in their public and personal lives.

The fictional Tony Stark took over, and grew, the defense contractor started by his father in World War Two - and designed, built and manufactured all kinds of cool stuff, including of course the Iron Man suits.  Now, I've read a lot of comics over the years, but I don't recall ever seeing a story about Stark International using other people's money to fund deals like these two.  So, the question must be asked: What would Tony do?