The Winners Curse Doesn't Apply to the Tech Companies?

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There's so much gain to be had from having a larger network that it creates a virtuous cycle where you have the larger network, you bring in. A lot of acquisitions in tec ar much smaller scale, buying technology that is going to be plugged into existing products and networks. But overtime, as more bidders enter the market, that winners curse will apply, and mergers and acquisitions will go back to an average being mistakes.

Not only is Ben Thompson's Stratechery frequently mentioned on MR, but such is Tyler's fandom that the newsletter even made its way onto the reading list for one of his PhD courses. Ben's based in Taiwan, so when he recently visited DC, Tyler quickly took advantage of the chance for an in-person dialogue.

In this conversation they talk about the business side of tech and more, including whether tech titans are good at PR, whether conglomerate synergies exist, Amazon's foray into health care, why anyone needs an Apple Watch or an Alexa, growing up in small-town Wisconsin, his pragmatic book-reading style, whether MBAs are overrated, the prospects for the Milwaukee Bucks, NBA rule changes, the future of the tech industries in China and India, and why Taiwanese breakfast is the best breakfast.

Read a full transcript enhanced with helpful links.

Recorded October 15th, 2018 Other ways to connect

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