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| The MidCo Hall of Fame |
In my previous post, I outlined the broad parameters that I use to determine whether a company qualifies as a MidCo. As a reminder, MidCos matter because it is my contention that they tend to be great businesses and as such are a a great place to pan for investment gold. As a close friend pointed out, Barry Diller made a career out of buying and selling them (see
IAC). In this post, I will induct the first ever member to my MidCo Hall of Fame. First up is the king of all private sector MidCos - Google.
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| "In Google We Trust" |