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Episode 21: Inside the M&A Press with Bloomberg's Alex Sherman

Acquired

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Snapchat

Snapchat has it right where they've realized that this sort of, you know, housing form of chat and general communication can also be used to do other things. Covering media at a media organization is like the ultimate neighbor. For sure. Absolutely. You're around a lot of people that sort of came from organizations that you're covering from too. So it's sort of like, oh, I need like a time inksource. Like just walk three rows down and like enter into the managing entry point for everything. That's what we have been seeing on consumer media tech over the last few years now. We have seen companies are valued for user growth rather than revenue or profits.

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