Ep. 930: Michelle Seiler-Tucker Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Synergies in Business
If the right synergies are in place, then yes, it's like Facebook paid $19 billion for WhatsApp and WhatsApp was energy money. If a buyer thinks that they could ROI or monetize those synergies, thenYes, they're willing to pay for those synergies. And maybe even if the company is not operating on all six cylinders, they'll still buy like Facebook bought WhatsApp because WhatsApp had a billion users and they knew they could monetize that. These e-commerce businesses and online businesses are attractive to buyers, but they're going to be more attractive to competitors and strategics.
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