M&A

4 statements across 3 episodes · 1 bullish · 1 bearish · 3 people on the record · first statement Jan 16, 2024 by Carl Lundberg · across every show →

Everything said about M&A, oldest first

Jan 16, 2024
Insight
Lundberg: Acquirers should filter opportunities against deal-breaker criteria first
“I always say to people have a list of deal breakers and go through that first, because if you get something in front of you and it doesn't tick all of those boxes, then you can very quickly say no and move on to something else.”
Carl Lundberg Jan 16, 2024 ▶ 36:01 Carl Called Business Deadlines Nonsense. His Reasoning Is Hard to Argue
Sep 16, 2025 positive
Assertion Not checkable as stated
Kelly: Analog wireless company built $300M revenue entirely via M&A before PE sale
“You know, many years ago, we had a company that was in the analog wireless space. You know, when digital came out, what they did is they bought all the analog bandwidth around the country through acquisition. They acquired close to three hundred million dollar…”
Scott Kelly Sep 16, 2025 ▶ 15:15 Start With the End in Mind Before You Take a Single Dollar
Jun 16, 2026 neutral
Prediction Not checkable as stated
Indries: AI Capable of Deep Deal Analysis May Arrive by 2026-2027
“Maybe by the end of 20, 26, we'll have some AI, or maybe in 20, 27, but right now that's not the case yet.”
Robert Indries Jun 16, 2026 ▶ 8:34 He Built LLMs in 2016 and Still Trusts Gut Over AI
Jun 16, 2026 bearish
Opinion
Indries: AI Cannot Detect Lies in M&A Due Diligence
“AI does not know to look through lies yet, right? So people tell you stuff, and you know it's a lie, but the AI will not know. It will not be able to figure out the lie.”
Robert Indries Jun 16, 2026 ▶ 7:50 He Built LLMs in 2016 and Still Trusts Gut Over AI
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