Forbes August 8, 2024
The traditional model of mergers and acquisitions (M&A) as we know it is facing an unprecedented shift. A recent tweet triggered a discussion among VCs, concluding that the era of large-scale acquisitions may be waning, not due to a lack of capital or corporate ambition, but because of a regulatory environment that has become increasingly hostile to the monopolistic consolidation of power. Enter the age of “talent heists”—a new strategy where companies focus on acquiring top-tier talent and cutting-edge innovation by buying out founders and key teams, rather than entire companies.
This trend, spearheaded by tech giants like Google, Microsoft, and Amazon, marks a significant departure from the blockbuster deals that once defined Silicon Valley’s landscape. It’s a silent but...