Off course I do. I think Bud got an absolute steal and the LIFX...

Off course I do. I think Bud got an absolute steal and the LIFX guys are extremely happy too for the following reasons:

(1) The lifx guys haven't sold anything. The only one selling lifx is the Chinese manufacturer ( eastward) 51% The LIFX guys have simply moved there position in the company to a better outcome for them.
(2) Lifx guys felt capital constrained by Eastward's lack of funding for expansion. Further revenue and sales was being limited by constantly running out of stock. Eastwood could not fund the manufacturing to the degree required by demand. :Lifx guys felt this was only going to get more frustrating as they signed deals and has discussions with amazon, home depot, best buy and the likes.
(3) Eastward had to find a buyer who  (a) the Lifx founders would agree to go work for a lengthy period of time and (b) would agree to keep the manufacturing with them for the next 3 years as they know that the volume of orders was doubling year on year and expected that trend to continue.
That's alot of business for them to lose if they could find someone to agree.
(4) Lifx guys needed a buyer who they could add value to and at the same time could add value to them. Introductions to the commercial/ industrial/ retails spaces.
(5) Lifx guys didn't want to go to a google or an amazon and end up like another nest or ring founders. ( richer but career unsatisfied.) They didnt want to sell out at the start of a major uplift.
(6) Lifx guys believe that their revenue journey is just starting for them and want the benefit for that explosion in revenues. Also, they believe in the future of ohm and the synergies that the monitoring and control can bring together. Thus why they escrowed there stock until 100m -250m has been contributed from LIFX and must be done in a relatively short period of time. (18 months to 36 months.) Btw Dave match their confidence with his performance stock and RE ESCROW voluntarily.
(7) Eastwood owned 51% of the company. Lifx guys are really selling their 49%. They are moving it from a private company to a listed one and gaining access to the capital markets. If an amazon or a google bought the coy, it would have been at a massive premium but they would have lost their company. 
(8) Dave has known the Lifx founders for 6 years. They know and trust each other. They believe that the price today is insignificant to where it is heading.

It is the perfect fit.
DYOR and 
HOLDTIGHT.