What do large companies look for in an acquisition? #startups #acquisition

1. DADalton0:00

   What do large companies look for in acquisition, and by far, what's the most common type of acquisition that large companies do?

2. MIMichael0:09

   The answer is simple. The answer is talent.

3. DADalton0:11

   Yes.

4. MIMichael0:12

   W- [laughs] If you think about, um, what an acquiring CEO wants or needs-

5. DADalton0:18

   Yes

6. MIMichael0:18

   ... human talent, skills they don't have in-house-

7. DADalton0:22

   Yes

8. MIMichael0:22

   ... specialized skills-

9. DADalton0:24

   Yes

10. MIMichael0:24

    ... products that are, that'll slot right into what they're doing. Yeah.

11. DADalton0:27

    I've seen this, yes.

12. MIMichael0:28

    [laughs]

13. DADalton0:29

    And I think the, in terms of the volume of deals, talent acquisitions that really don't make people that much money are so much of the volume of deals. And I think it's interesting because sometimes you can see on TechCrunch or on Twitter, so and so company sold for $40 million. And I think that there's, like, a thing that happens where you think, great, so the founders made $40 million. [laughs]

Episode duration: 0:54