tech companies

“These companies are going to get regulated and they're going to get overtaxed and they're going to get kind of slowed down at a minimum and broken up at the maximum.”

“Because of what San Francisco has done in terms of driving out companies, I think the companies are going to be, you know, tech companies are going to be all over the US now.”

“I got to say, you know, on previous pods, I've defended these tech companies, but I've come around. They are too powerful. And they are using their powerful, their power in too indiscriminate a way without power.”

“And ultimately, I think they probably have to make a determination based on working with the democratic ones, and they're probably gonna have to exit the ones that engage in political repression.”

“So if you're growing more than 50, 60% a year, you're fine. But if you're growing 20 or 30% and you're kind of a middling business and rates are going up and inflation is going up, you're in a very, very, very precarious spot.”

“Meanwhile, in Congress, they're pushing six bills forward to regulate these companies as monopolies.”

“If you told me you thought inflation was going to be five percent for the next decade and the tenure was going to seven percent, I would say short every tech company in the market. No, no, no. Short everything in the market and don't invest a dollar in venture…”

“Yeah, they're just sick of it. They're just not going to put up with it anymore. They're sick of being held hostage by their employees who think that they can kind of muscle the leaders of the company by starting a petition or boycott campaign every time they …”

“Not all these companies are monopolies, but I think they act in a monopolistic way with respect to restricting free speech, which is they act as a cartel.”

“And so I think Coupa is like the canary in the coal mine. It is the beginning of what I suspect is a tidal wave of PE sponsored deals in tech companies, largely SaaS, but may go into other realms.”

“There is a risk that these same policies get applied in the US. That is what happened with privacy. Remember, Europe went first with GDPR, and then a lot of those regulations came to America. Now, the first amendment may stand in the way here, but there is som…”

“If you look at employee donations to party by tech companies, it's all 90 something percent goes to Democrats.”

“So when you connect the dots, the way that I interpret it is that I think companies will be much more aggressive on M&A. Jason, it's what you've been asking for. I think you're gonna get it, and I think the reason why you're gonna get it is you're gonna have a…”

“I find these companies that decide to harvest, you know, the cash cow and buy all their shares back, you know, it never really works.”

“And then the trial lawyers are going to love it because it gives them a new basis for suing all these companies.”

“So what these companies allegedly are doing is putting these jobs in these, like, obscure newspapers so that Americans don't see them.”

“And so I kind of think like at some point the next shoe will drop and all of these tech companies have to really look at stock based comp because they literally incinerate most, if not all of their free cash flow fighting the dilution from stock based compensa…”

“I think for a lot of these tech companies, we've hit peak employment.”