Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
16 Dec 2016 Acquired Special: A Conversation with Microsoft's Head of Strategic Investments Brian Schultz
“Again, I’m not out there spreading billions of dollars of our balance sheet money around because that really just creates a huge liability and so we do it where it’s meaningful, where it makes sense, and where we think we’re going to get a reasonable financial return in this space.”
— Speaker unverified
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Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 16 Dec 2016
- Publisher
- Acquired
Transcript context
…I’d have to imagine as much as Wall Street won’t reward you for being a great investor, Amy Hood, Microsoft CEO might punish you for being a bad investor. Yeah, exactly. So that’s again why we tend not to do this in a hugely active way. Again, I’m not out there spreading billions of dollars of our balance sheet money around because that really just creates a huge liability and so we do it where it’s meaningful, where it makes sense, and where we think we’re going to get a reasonable financial return in this space. So over the last two years since we’ve started doing this in a programmatic way, we’ve done about 16 investments, investing about $250 million on this side of the house, on the growth side. Microsoft Ventures has a separate portfolio they’re managing. That’s a great transition. We want to move into talking about the state of the M&A market right now at large. You talking about a number of deals is a great segue into why have we seen so much deal activity this year, both large and small.…
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