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Nat Friedman - Reading Ancient Scrolls, Open Source, & AI
Dwarkesh Podcast
The Fragility of Company Culture in Acquisitions
Most acquisitions are destructive of value/nThe value of a company in an innovative industry boils down to its ability to culturally produce new innovations/nA mismatch of cultures in an acquisition can destroy the productivity of a company/nCompanies are relatively fragile and easy to break during an acquisition/nThe people who really care may leave after an acquisition
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