M&A

“If you look at the data, look at the NVCA data, the proportion and the value per transaction of M&A has kind of gone up as the number of IPOs for venture-backed companies has gone down and stayed down.”

“We've probably been in a slow period for M&A for a while, but there is no question there's going to be a lot of M&A in the years ahead, and the companies that have public currencies, they're going to be able to be the acquirers and able to get big and become m…”

“Exactly. It's probably going to go to buybacks M&A and dividends. And a lot of that is just kind of like reshuffling as opposed to actually building anything new.”

“And if you stop and actually have a group of really smart people internally and maybe with your external advisor say, we're going to show up for one day, for two hours, and we're going to make the case on the other side, and in the process of making that case,…”

“When companies decide to do something for strategic reasons, when everyone gets together and decides, it's the right thing to do, and by everyone, I mean, it doesn't mean everyone has to agree, because getting to consensus in some of these situations may actua…”

“Buying a company when you're running a large business is, like, one of the few decisions you really have to live with. Like, a lot of the other ones, like, you kind of work your way out of in some way or another.”

“In general, a company usually needs, in my view, and you may disagree, it needs to be about a hundred exercise of the small company in order to acquire them.”

“For four years, it was just a desert. A bunch of companies silently died. The state blocked IPOs. They're blocking M&As. It was just an all-out anti-tech assault.”

“I think increasingly in the future, you know, with the whole suite of products that are possible in our space and with the benefits we think of bundling those together, we're especially interested in earlier than most companies in their maturity using M&A as a…”

“AI is such a disruptive phenomenon that every company, every incumbent is under threat from like AI in general. And so a lot of the ways that You deal with the threat is you just acquire the DNA of the future. And so I think it's, I think there's gonna be a lo…”