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I think the word "find" is pretty descriptive. It's hard to find people willing to turn down billions of dollars. This is more like an indictment on M&A in th
by parkingrift 5y ago
I think the word "find" is pretty descriptive. It's hard to find people willing to turn down billions of dollars. This is more like an indictment on M&A in the modern economy. Why compete when you can simply acquire?
- abakker 5y agoAcquiring is good! Not every company that wants to grow needs to do something original, sometimes funding people doing original things is good. Bad management is not a requirement for acquiring companies, though it is frustratingly common.
- parkingrift 5y ago> Not every company that wants to grow needs to do something original Maybe they should? The world would look quite different if companies were forced to innovate and compete rather than merge and acquire.