Is There a Theory for What You Can Buy?

The FTC did a study where they got Google Apple, Facebook, Amazon and Microsoft to report every deal that they've done from 2010 to 2019. And the vast majority of them were less than 10 people and less than $10 million,. at which point that no, that's, that's an agifier. That's this didn't work. But there is this whole narrative that like big tech companies buy and make thousands of acquisitions. It's like, well, yeah, but look at what they were. They were the things that hadn't worked in can no work if they'd ever been in an attempt to be a competitor.