In an acquisition deal, $100 stock doesn’t necessarily equal to $100 cash. Without smart prediction of stock market, one could easily be exploited in a full-cash deal or full-stock deal. What are major differences between cash and stock offers? And where do all the hidden risks lie? Hamza Mudassir, fellow at Cambridge University's Judge Business School, explains what M&A in reality looks like. Outside of academia, Mudassir is CEO of strategize.inc and Platypodes.io. He has 15 years of leadership experience in ecommerce, telecoms, media and entertainment.