M&A

“So if you take M&A off the table, you are basically denying a lot of attractive exits for risk capital, and that's going to ultimately hurt the returns for risk capital and lead to less of it.”

“I think the big thing that's going to happen right now, I'm seeing it all over the place, is M&A I think is going to start ticking up.”

“There's only two good outcomes, right? There's IPOs, there's M&A, everything else basically goes, everything else is a zero, it goes bankrupt.”

“There's so few ways to have a good exit in the tech industry that when you take away M&A. It puts a damper on all risk taking and the deployment of risk capital into the ecosystem.”

“Where I think Lena Kahn goes wrong is that you're exactly right. Like, you need the singles and doubles. You need sometimes a medium-sized company to buy a smaller company for three hundred million dollars, right? That liquidates founders. That gives the ventu…”

“So I think it will be easier to get M&A done next year if you have a Republican administration.”

“I think it's gonna still be pretty subdued. Subdued, ok. I don't think that you're gonna see these crazy M&A deals that I think everybody is expecting. I also don't anticipate a lot of these big companies going public, at least in the first half of the year.”

“I think there's gonna, you're gonna see a tidal wave of M&A after four years of not being able to get anything done. I think there's an enormous amount of pent up demand.”

“There's such a view that, like, large companies are bad, and we gotta bust them, and we're not gonna let them do any M&A. And as a result of that, small companies no longer get bought by big ones. And for me, it's a disaster, because if I fund small companies,…”