For techies scanning the headlines over the past few months, one name has become an increasingly common occurrence: Carl Icahn, the legendary vulture capitalist, who first made a name for himself during the leveraged buyout boom of the 1980s, which pillaged profitable corporations for personal profit. These days Icahn proudly wears the moniker activist investor, and has been using his billions to shake things up at technology firms like Netflix, Dell, eBay and Apple. Right now, tech companies are overflowing with cash and are extremely well-valued compared to other sectors, explains Joshua Brown, a veteran stock trader-turned-money manager. He wanted Netflix to sell itself to the highest bidder and he hopes eBay will take his advice and spin out PayPal into a separate company.
Carl Icahn 2.0: an icon of ’80s greed is back to shake up Silicon Valley
06
Feb
2014
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