3 takeaways from the Poshmark-Naver deal

Naver buying Poshmark for $17.90 per share is a fascinating deal, featuring elements of cross-border M&A, a sector on its back foot, and stock-market dynamics making some formerly expensive companies perhaps cheaper to pick off than they may ever be again.
TechCrunch+ asked yesterday why we weren’t seeing more software M&A in light of depressed technology share prices and the mountain of cash sitting on the sidelines today, looking for a deal. What we might have stressed slightly more was the possibility of corporate M&A over private equity acquisitions.
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