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TC+ Roundup: How to successfully buy another company

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Good morning, and welcome to the end of another week!

In an overall quiet year, the last few months have been pretty spicy when it comes to M&A activity: Atlassian bought Loom; Cisco bought Splunk; and Microsoft finally closed on its bid to buy Activision.


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But no matter the size of the deal, there’s a playbook that should be followed when acquiring another company, starting with assessing everything from business model to workplace culture. But as Ben Schippers, co-founder and co-CEO of HappyFunCorp, writes, the real work begins after the due diligence phase and when it’s time to incorporate the new company.

Thanks for reading!

Karyne

@karynelevy

Follow this playbook to land and complete company acquisitions

Raising without a deck is more common than you think

Business man slowly climbing a ladder and able to see over the top of the wall it's leaning against.
Image Credits: lerbank / Getty Images

Using a compelling pitch deck to help tell a company’s story is the norm. In fact, we have an entire weekly column dedicated to pitch decks, offering advice on how to make them better.

But sometimes success can be found without using a deck at all, which can offer various insights founders might miss if they rely too heavily on visuals in order to tell their story. “People tend to use a deck as an information dump. That is never going to work,” said Capstack founder Michal Cieplinski.

Raising without a deck is more common than you think

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AI is finally resulting in real growth for Big Tech

a photo of Microsoft's campus in Germany
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Both Alphabet and Microsoft reported earnings this week, and one thing stood out: Solid future revenue growth at both companies is predicated on their AI tools. But not all AI tools are built equally. Alphabet is seeing lots of demand for generative AI and AI-powered services. Microsoft is seeing customer appetite for assistive AI–related tools for developers, as well as for cybersecurity and productivity.

Could this mean that the hype is finally being replaced by real demand?

AI is finally resulting in real growth for Big Tech

The Davis-Bacon Act changes present a chance for startups to disrupt construction tech

Puzzle house with a missing piece. The acquisition or construction comfortable dream home. Mortgage loan purchase real estate. Arrangement premises repair. Availability and cheapness. Finish building (Puzzle house with a missing piece. The acquisition
Image Credits: Andrii Yalanskyi (opens in a new window) / Getty Images

The construction industry isn’t readily known as being one to “move fast and break things”; adopting innovative technologies is often slow.

But some recent amendments to the Davis-Bacon Act could open the door for startups to use technology-driven solutions to help legacy construction companies navigate the new rules.

The Davis-Bacon Act changes present a chance for startups to disrupt construction tech

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