2min chapter

Acquired cover image

Complexity Investing & Semiconductors (with NZS Capital)

Acquired

CHAPTER

The TSM C Value Creation Story Is Just So Cool

The notion of necessary but not sufficient is really hard to frame into a percentage. Apple would be worth zero if they didn't acquire next. It's like trillions of dollars of market cap the t s m c is created for their partners, which i think is just so cool. I meat it truly, that they've created way more value for their customers in thereco system than they've captured for themselves,. yat, which is so cool.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode