Strategics
topic on 4 shows · 4 statements across 4 episodes
Innovators & Investors 
Startups For the Rest of Us 
the a16z Podcast 
TBPN
4 statements about Strategics, every show
Cohen: Large tech competitors cannot acquire eBay due to antitrust
“The strategics can't really do it because I don't think that they would be able to clear antitrust. So any of the large competitors wouldn't be able to acquire it.”
El-Moursi: Startups in saturated categories need both strategic and generalist investors
“You need strategics at the table as just as much as you have generalists at the table. And when it comes to investors, there's a balance and dance between that. And that's important, especially for crowded and saturated categories.”
Private equity firms cap SaaS revenue multiples at roughly 8x
“It's anywhere between two at the bottom, where it's something that's really, really flat, stretching up to eight, eight times I've seen, kind of, private exe guys comfortably go to, they sort of tend to tap out a bit after that, and then north of that is very …”
McGurk: Strategic corporate buyers do not acquire startups they have never met
“Strategics don't buy companies they've never met. So, you know, it's all about creating options for the company. So whether that's staying independent, that's one option. But you also have to, you know, as John O'Farrell said, you know, you have to know where …”