Robert Pera, the tech industry wunderkind in talks to buy the Memphis Grizzlies, recently watched Ridley Scott’s new film “Prometheus.”
After that, Pera recounts on his blog, he went back and watched Scott’s original “Alien” movie. At one point in the film, the ship’s crew wants an explanation for the Alien, and the character Ash tells them, “You still don’t understand what you’re dealing with, do you? A perfect organism.”
Meanwhile, his bid to buy the Memphis Grizzlies from Chicago billionaire Michael Heisley is currently being studied to determine whether it is a similar “perfect organism.”
The New York Daily News over the weekend, in a story by Mitch Lawrence, citied sources close to Pera as saying his net worth has fallen a bit in the recent past. And the stock price of Ubiquiti Networks, the company Pera started in 2005 after leaving Apple Inc., is down about 40 percent since the beginning of the year.
That recent press left the impression Pera’s net worth has fallen precipitously – a fact his team disputes as being demonstrably false.
A member of Pera’s team who asked not to be identified told The Daily News, “The facts speak for themselves. The value of Mr. Pera’s interest in Ubiquiti Networks is nearly $800 million. Mr. Lawrence’s story is completely false.”
Lawrence reported over the weekend that Pera’s deal is in trouble and that his net worth recently plummeted to $200 million. However, information from Yahoo Finance shows that Pera owned almost 58 million shares in Ubiquiti Networks as of Oct. 12, and at the time of this post Ubiquiti shares were currently priced at around $13 a share. (58 million shares times $13 = $754 million).
It also should be noted that in updating their story from this weekend, the New York Daily News described the $800 million figure as Pera’s net worth. However, the member of Pera’s team who contacted The Daily News said it’s the value of Pera’s stake in Ubiquiti that’s worth $800 million.