Public companies have become more realistic about valuations over
the last year, but private companies still may have an inflated
sense of their worth, says Patrick Pohlen, a partner at Latham
& Watkins LLP in this video conversation with The Deal. We may
see new acquirers this year from Asia, predicts Pohlen, who leads
Latham's technology practice and previously served as chief
operating officer of 12 Entrepreneuring Inc. back in the dot com
hey day. Click here for our previous video with Pohlen, in which he
discusses the shrewd pricing strategy employed by venture-backed
OpenTable Inc. (NASDAQ:OPEN), which he represented in its
successful IPO last May. Watch the video below or download it at
iTunes. - Mary Kathleen Flynn