
2 segments available
From my conversation with Nat Friedman, former CEO of GitHub. Watch the full video here: https://www.youtube.com/watch?v=qcvMjoJdck4 Or read the transcript here: https://www.dwarkeshpatel.com/p/nat-friedman Twitter: https://twitter.com/dwarkesh_sp Apple Podcasts: https://apple.co/3oBack9 Spotify: https://spoti.fi/3S5g2YK
Nat Friedman discusses why most acquisitions fail, emphasizing the fragility of a company's innovative culture. He explains that merging two distinct cultures can disrupt productivity, as the core team dedicated to innovation may not align with the acquirer's values. This segment highlights the importance of cultural compatibility in successful acquisitions.
"Why do most acquisitions fail? In an innovative industry, the value of a company boils down to its ability culturally to produce new innovations. It's quite fragile. And so if you take a culture that ..."
Nat Friedman discusses why most acquisitions fail, emphasizing the fragility of a company's culture in innovative industries. He explains that when a company with a strong culture of innovation is merged with another that has a vastly different culture, it can lead to a breakdown in productivity. This segment highlights the importance of cultural alignment in maintaining a company's innovative capabilities.
"Why do most acquisitions fail? In an innovative industry, the value of a company boils down to its ability culturally to produce new innovations. It's quite fragile. And so if you take a culture that ..."