2min chapter

"Upstream" with Erik Torenberg cover image

E4: David Sacks on His Intellectual and Political Journey

"Upstream" with Erik Torenberg

CHAPTER

How to Limit M&A in the Startup World

I don't think the ban on acquisitions is necessarily the way to go, because the question is what creates a healthy startup ecosystem? There are so few good outcomes in the startup world that if you take away M&A, well, now, I mean, we used to have there's IPOs that Windows been frozen. And again, in nascent markets, you're not even sure will exist in the future. Like, for example, Facebook's been blocked from acquiring this VR company. While on the other hand, Wall Street's questioning, Facebook saying, is this even a thing? So, they can't both of you.

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