Greylock's Lilly: Seeing Best Tech M&A Market Since 2000

The video discusses the current state of valuations, noting a peak in Q3-Q4 of the previous year and a new normal for valuations. It highlights the scarcity of consumer breakouts, with Snapchat as a notable exception. The tech IPO market is unpredictable and sensitive to macroeconomic factors, while the M&A market is thriving, driven by tech companies with significant cash reserves. Salesforce's acquisition of Quip is explored, emphasizing the strategic advantage in distribution. Google's AI-first strategy is discussed, with a focus on integrating AI across devices, and Samsung's acquisition of Viv is mentioned as part of this trend.

What was identified as the peak period for company valuations?

• Q1-Q2 of last year

• Q3-Q4 of last year

• Q1-Q2 of this year

• Q3-Q4 of this year

Which company is mentioned as potentially going public next year?

• Musically

• Snapchat

• Discord

• Medium

What is the current state of the M&A market according to the transcript?

• Stagnant

• Incredible

• Declining

• Unpredictable

Why did Salesforce acquire Quip?

• To expand into social media

• To compete with Snapchat

• To enter the consumer electronics market

• To gain a distribution advantage

What is Google's focus in the current tech landscape?

• Mobile-first world

• Social media expansion

• AI-first world

• Hardware innovation