Acquired / episode intelligence
Speakers in the public record
Claim mix
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
36 published records
01 / belief
“I think that there's an opportunity to just hit a button—a little more often than not—when having normal conversations than anyone would have in the investment business as they’re doing diligence and research.”
02 / belief
“Patrick, I have the vertical versus horizontal conflict question here brewing in my mind.”
03 / belief
“I think I'll give us a tentative B+ to give us lots of room for improvement, but because we have established something that we can really see building on for decades to come.”
04 / belief
“Couldn’t agree more. That's what everyone should be chasing early on in life, I think.”
05 / belief
“I mean, it's all compounding at the end of the day. It ends up being a competitive advantage, which I think is an important point.”
06 / belief
“I think a gift that any parent can give their kid is tremendous support and care for their interest without imposing one's own interest in their children.”
07 / uncertainty
“I've never heard of it. I don't know. He's like, look, Reed Hastings says it's the best business strategy book and he's the best business strategy practitioner in the world.”
08 / belief
“I think we have a platform now that has an extremely bright future and has a very large potential future.”
09 / belief
“We've touched on several Playbook themes here, and I think we should introduce a couple of new ones and surmise our takeaways.”
10 / belief
“I think the public market mindset applied to private markets as a powerful concept, but in the context of some of the biggest venture investors—I wasn't there so I can't say for sure.”
11 / belief
“I think becoming a high slope learner and getting the experience of how fun that can be is really the only truly valuable thing that college or some other formal education can bestow on you.”
12 / belief
“Are there moments you remember from the last four years either something happened to a particular show, a particular guest that moved the needle in a big way, or where you were like holy crap. This is bigger than I realized.”
13 / belief
“I think jumping the line on these directional arrows or progress is a really interesting way to generate business ideas.”
14 / commitment
“I won't name names, but I've heard from founders who have taken SoftBank money about the absurdity of the process of diligence that went with that.”
15 / belief
“At the end of it, I think you've stopped doing this as much, but you were asking your kindness questions, but you also ask people for book recommendations.”
16 / commitment
“As Acquired listeners know, well (A) we're not going to let Patrick out of here without doing some grading, but (B) for acquisitions, companies, and deals that are more of a history, we will render a definitive grade on how it's gone.”
17 / belief
“I think we'll end up publishing a lot of audio content in a variety of different ways as we do this learning process ever more transparently and in public.”
18 / belief
“I would say the major deviation has happened in just the last couple of years, which is our move to become much more of a software business.”
19 / belief
“The difference between the Chinese startup tech and venture ecosystem is that's the primary thing that I think people think about over there.”
20 / belief
“I never want to fall into that trap. It will remain driven by what's interesting to us, not what we think other people want to hear or not some backdoor into a business outcome that we're trying to achieve.”
21 / belief
“I think a common misconception about quants in general where I would count us is that we're value investors.”
22 / belief
“O’Shaughnessy Capital Management, the core insight (as I understand) that your dad had was that there was academic research around quantitative methods for investing and for screening and identifying equities. I believe equities or maybe all types of assets to invest in.”
23 / belief
“I think we're very counter positioned—with Canvas specifically—against the firms that would most scare me to be competitors.”
24 / uncertainty
“Sometimes, the questions I'm asking are, I'm dealing with some problems in one of our businesses and I don't know how to solve it.”
25 / belief
“Obviously, a period for our purposes here—really becoming the media business. I think we are referring to you, Patrick, and others as well.”
26 / belief
“I think Daniel is the best strategist that I've personally spent time with, and he says the same thing about Hamilton, or something similar anyway.”
27 / preference
“I'm a wholehearted supporter of this thing. It's so simple, which is this little deeper dive into what you guys have built that, I think—at least from my perspective—is actually even more enjoyable than the main show.”
28 / evaluation
“Clients have really liked that because it puts them in the driver's seat if the fee is a really important variable to them, that it's under their control, and we're a platform that fulfills that we don't dictate the terms.”
29 / preference
“I just fell instantly in love with it because the professor was basically saying, go read anything you want and make an argument to me.”
30 / recommendation
“Therefore you need to incentivize the managers with potential rewards, and because the capacity is capped, you need to have that be something like an incentive fee like carried interest.”
31 / prediction
“I think he said, once you penetrate a certain amount, the marginal supplier is not going to make the service better, and that's going to happen pretty early.”
32 / evaluation
“I'm always hesitant to do any of these because I'm scared of boring people with the same stories, but there's a mutual admiration society here.”
33 / evaluation
“Looking back, the aftermath of the crisis was really hard for me because it forced me to learn so much so quickly in a very stressful environment with clients that are angry and upset about losing a lot of money.”
34 / evaluation
“I do think that the internet has created this funny inversion where—with no gatekeepers to reaching the end audience—it behooves you to create media or content because that's the way they're going to notice you.”
35 / preference
“That's a super tiny example of a cornered resource, but we have benefited tremendously from those research partnerships. This is the one where I will admit to thinking about that program because of reading 7 Powers.”
36 / commitment
“We are just in the process of launching our first early-stage investment vehicle called Positive Sum that I'll be spending a ton of my time on because it aligns so clearly with the same exploration.”