Why acquirers pay big multiples

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Yusuke Saito, Avi Bryant, Giuliano Cruz, James Wade, Tradd Salvo, William Benton, James Ahloy, Robin Taylor, Chad Scherrer, Zwelithini Tunyiswa, Bertrand Wilden, James Thompson, Stephen Oates, Gian Luca Di Tanna, Jack Wells, Matthew Maldonado, Ian Costley, Ally Salim, Larry Gill, Ian Moran, Paul Oreto, Colin Caprani, Colin Carroll, Nathaniel Burbank, Michael Osthege, Rémi Louf, Clive Edelsten, Henri Wallen, Hugo Botha, Vinh Nguyen, Marcin Elantkowski, Adam C. Smith, Will Kurt, Andrew Moskowitz, Hector Munoz, Marco Gorelli, Simon Kessell, Bradley Rode, Patrick Kelley, Rick Anderson, Casper de Bruin, Michael Hankin, Cameron Smith, Tomáš Frýda, Ryan Wesslen, Andreas Netti, Riley King, Yoshiyuki Hamajima, Sven De Maeyer, Michael DeCrescenzo, Fergal M, Mason Yahr, Naoya Kanai, Aubrey Clayton, Omri Har Shemesh, Scott Anthony Robson, Robert Yolken, Or Duek, Pavel Dusek, Paul Cox, Andreas Kröpelin, Raphaël R, Nicolas Rode, Gabriel Stechschulte, Arkady, Kurt TeKolste, Marcus Nölke, Maggi Mackintosh, Grant Pezzolesi, Joshua Meehl, Javier Sabio, Kristian Higgins, Matt Rosinski, Luis Fonseca, Dante Gates, Matt Niccolls, Maksim Kuznecov, Michael Thomas, Luke Gorrie, Cory Kiser, Julio, Edvin Saveljev, Frederick Ayala, Jeffrey Powell, Gal Kampel, Adan Romero, Will Geary, Blake Walters, Jonathan Morgan, Francesco Madrisotti, Ivy Huang, Gary Clarke, Robert Flannery, Rasmus Hindström, Stefan, Corey Abshire, Mike Loncaric, David McCormick, Ronald Legere, Sergio Dolia, Michael Cao, Yiğit Aşık, Suyog Chandramouli and Guillaume Berthon.

Takeaways:

• AI is reshaping the workplace, but we're still in early stages.
• Networking is crucial for job applications in top firms.
• AI tools can augment work but are not replacements for skilled labor.
• Understanding the tech landscape requires continuous learning.
• Timing and cultural readiness are key for tech innovations.
• Expertise can be gained without formal education.
• Bayesian statistics is a valuable skill for tech professionals.
• The importance of personal branding in the job market. You just need to know 1% more than the person you're talking to.
• Sharing knowledge can elevate your status within a company.
• Embracing chaos in tech can create new opportunities.
• Investing in people leads to a more engaged workforce.
• Navigating corporate culture requires understanding your role and relationships.
• M&A trends in AI reflect the evolving landscape of technology.
• High compensation packages are not a new phenomenon in tech.
• Career growth often requires stepping outside your comfort zone.
• Soft skills are essential for effective communication in the workplace.
• Understanding the dynamics of M&A can provide insights into industry trends. AI is creating real economic value in customer service.
• Speculative activity often overshadows real economic activity in tech.
• Memorable M&A experiences can have a profound impact on people's lives.

Chapters:

10:39 The Impact of AI on Work and Culture

18:11 Understanding the AI Revolution

30:05 Career Advice in the Age of AI

38:08 Innovative Company Culture and Experimentation

41:04 Interview Dynamics and Performance Bias

42:29 Augmenting Work with AI and Learning

46:46 Navigating Organizational Boundaries

51:33 The Importance of Soft Skills in Tech

01:01:21 Mergers and Acquisitions in the Tech Industry

01:15:08 The Reality of Tech Salaries

01:18:18 The Impact of AI on Customer Service

01:20:36 Speculative vs. Real Economic Activity in Tech

01:22:33 The Cycle of Tech Booms and Busts

01:24:22 Heartfelt Stories from the M&A World

01:31:36 A Personal Vendetta Against Cancer

Links from the show:

• Jordan on YouTube: https://www.youtube.com/@SVICPodcast
• Jordan on LinkedIn: https://www.linkedin.com/in/jwthib/
• Jordan on Twitter: https://twitter.com/jordansvic
• LBS #124 State Space Models & Structural Time Series, with Jesse Grabowski: https://learnbayesstats.com/episode/124-state-space-models-structural-time-series-jesse-grabowski
• Using AI Tools to Automate Busywork and Scale Productivity | Sully Omar: https://www.youtube.com/watch?v=sk9YkYOZH8Y
• Supercommunicators – How to Unlock the Secret Language of Connection: https://www.amazon.com/Supercommunicators-Unlock-Secret-Language-Connection/dp/0593243919
• The Charisma Myth – How Anyone Can Master the Art and Science of Personal Magnetism: https://www.amazon.com/Charisma-Myth-Science-Personal-Magnetism/dp/1591845947
• The 48 Laws of Power: https://www.amazon.com/48-Laws-Power-Robert-Greene/dp/0140280197/
• There Will Be Blood: https://www.imdb.com/title/tt0469494/
• How to Invent Everything – A Survival Guide for the Stranded Time Traveler: https://www.amazon.com/How-Invent-Everything-Survival-Stranded/dp/073522014X

Transcript

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