Liao: Using M&A as R&D fails for most large tech companies
Marvin Liao · 20 VC 083: 500 Startups Week: New Funds, Startup Mentoring and Dave's Masterplan with Marvin Liao, Partner @ 500 Startups · Oct 28, 2015 · at 22:11
Marvin Liao, Partner at 500 Startups, analyzes corporate acquisition strategies across major tech firms like Google, Facebook, and Cisco.
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“I mean M&A is hard in, in general. I think most big companies are not good at M&A. I think like Cisco used to have a good reputation for doing good M&A. Boy, Facebook I think has done a great job. I think in the last week they'll be done. But outside of that, like even Google has, you know, that, their track record has been mixed. So I think generally speaking, I think most M&A as R&D just for most companies just doesn't work very well.”
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