Customer loyalty, barriers to entry and other factors at play
Alphabet’s M&A feeds its core business; Amazon’s more likely to push into new areas
Fewer employers = less competition for workers = smaller paychecks
Buyers of private firms signal willingness to move fast
Patent histories show entrepreneurs focused on exit strategy
A model focuses on startups that, while developing innovative products, seek a lucrative buyout
Matt Schmitt’s research shows hospital prices rise after acquisitions, even where local competition is unchanged
Acquiring companies appear to get a better deal following frequent in-person meetings
Matt Schmitt finds that size and location help determine how much, if any, costs fall after deals