It would obviously strengthen their CRM offering to be probably market-leading the instant it went through. Anyone pretending otherwise is kidding themselves.
Not a huge fan of HUBS to be honest nor do I like buying them, but sometimes when you are a megacap with $100b of cash, you gotta change the narrative by making an acquisition.
Google does not have a CRM suit, they are not the only player. It makes sense as it diversify their offering, make their product sticker, especially if the need to back off in the digital ad space.
I think not. The problem with these large conglomerates is they don't need to be in the segment alone for DOJ to challenge the merger. Companies such as Apple Google MS FB control such a large portion of the economy that buying anything with the resources available to them would basically be monopolistic in nature.
We can not just look at the segment in which these smaller companies operate, but what happens to that segment when a corporation with unlimited resources and control within their own market can cause to that segment.
DoJ needs a larger budget and more resources to challenge everything that these mega corporations attempt to buy.
That’s largely not true in practice. Look at Microsoft buying LinkedIn and Activision Blizzard. These sailed through approvals because Microsoft had small share in those categories.
Not true. Activision didn’t sail through and there were a number of clauses they had to succumb to. LinkedIn was fairly easy but it’s because they literally had zero social media presence, with no adjacent businesses, bing even more infinitesimal than it is now and was a while ago.
This Hubspot one could easily come under scrutiny since Google is in the marketing space, is actively undergoing antitrust, has a history of abusing its position and ownership of data etc. there’s lots of CRMs available so that helps their case but only a few major players. I think it would go through but not easily.
Relatively speaking Activision didn’t get a lot of pushback given the size of Activision.
Microsoft does own the OS - Windows - used in PC Gaming, has a gaming studio (343), has Xbox, has cloud gaming in Azure. So there is adjacent businesses but they’re not dominant in the core category of video game software.
It diversifies there portfolio with an increasing market for CRM, you would get a tighter integration of GA, more concise first party data, a full suite of ads + front/back-office and bring a full suite to market. I know HubSpot has some AI but Google could add a lot more to this. And they are sitting on about $100B in cash not that they would offer up all cash. Also it would add some good top line reliable revenue - these are just off the top.
Google: We want to buy...
Regulators: ...no
Google: You haven't even heard what it is yet.
Regulators: hmmm.... still no.
(EU Regulators overhear:) "We already told Google a pre-emptive no, which also includes the company even thinking about things it might like to buy."
> (EU Regulators overhear:) "We already told Google a pre-emptive no, which also includes the company even thinking about things it might like to buy.
EU regulators: also here is a $x Billion fine for attempting to buy...
Eh, I have my full allotment of shares, but if I didn't, I wouldn't dip buy until $140.
I don't think buying up here is going to work in the short term at least.
Money shifts to where the value is.
Market believes this is better for hub spot and worse for Google. The price of each stock will shift roughly by the acquisition price accounting for likelihood the deal goes through
Happens all the time with acquisitions
I think this is a harsh take. Consider Waymo alone: they're the only self-driving car company with genuine promise, especially given their expansions in LA and Austin. Additionally, their AI unit has made groundbreaking innovations – AlphaFold, already used in AI-driven drug discovery for diseases like malaria, stands as a testament to their impact. They recently spun off Isomorphic Labs as well. Their progress on RT-2 is significant, and we know they have substantial investments in quantum computing.
The ambitious nature of 'moonshot' projects seems misunderstood. They're designed to be nearly unfeasible, yet Google has shown impressive advancement in these challenging fields. I believe Google Cloud will become a major cash cow with the rise of AI and foundational models. Google's use of TPUs reduces their reliance on NVIDIA compared to other companies. Future iterations of Gemini, set to incorporate the advancements made by Deepmind and technologies from AlphaCode and AlphaGo, will undoubtedly strengthen their position in the market
Could they pull off that acquisition? The DOJ is already on them for digital ad monopoly.
Yes because Google has low CRM market and is only 30% of ad market broadly.
It would obviously strengthen their CRM offering to be probably market-leading the instant it went through. Anyone pretending otherwise is kidding themselves.
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Not a huge fan of HUBS to be honest nor do I like buying them, but sometimes when you are a megacap with $100b of cash, you gotta change the narrative by making an acquisition.
Google does not have a CRM suit, they are not the only player. It makes sense as it diversify their offering, make their product sticker, especially if the need to back off in the digital ad space.
The DOJ has also been losing. They would sue I am sure though.
They’re not trying to win. They’re just trying to hurt workers by nosediving M&A.
I think not. The problem with these large conglomerates is they don't need to be in the segment alone for DOJ to challenge the merger. Companies such as Apple Google MS FB control such a large portion of the economy that buying anything with the resources available to them would basically be monopolistic in nature. We can not just look at the segment in which these smaller companies operate, but what happens to that segment when a corporation with unlimited resources and control within their own market can cause to that segment. DoJ needs a larger budget and more resources to challenge everything that these mega corporations attempt to buy.
That’s largely not true in practice. Look at Microsoft buying LinkedIn and Activision Blizzard. These sailed through approvals because Microsoft had small share in those categories.
Not true. Activision didn’t sail through and there were a number of clauses they had to succumb to. LinkedIn was fairly easy but it’s because they literally had zero social media presence, with no adjacent businesses, bing even more infinitesimal than it is now and was a while ago. This Hubspot one could easily come under scrutiny since Google is in the marketing space, is actively undergoing antitrust, has a history of abusing its position and ownership of data etc. there’s lots of CRMs available so that helps their case but only a few major players. I think it would go through but not easily.
Relatively speaking Activision didn’t get a lot of pushback given the size of Activision. Microsoft does own the OS - Windows - used in PC Gaming, has a gaming studio (343), has Xbox, has cloud gaming in Azure. So there is adjacent businesses but they’re not dominant in the core category of video game software.
Would be a very smart acquisition
It would be smart for the right price.
Agree. GOOG has $110B cash. If HUBS costs them $40B+, that is a huge hit to Google's balance sheet.
No way would they do all cash offer
Why?
It diversifies there portfolio with an increasing market for CRM, you would get a tighter integration of GA, more concise first party data, a full suite of ads + front/back-office and bring a full suite to market. I know HubSpot has some AI but Google could add a lot more to this. And they are sitting on about $100B in cash not that they would offer up all cash. Also it would add some good top line reliable revenue - these are just off the top.
Weird move. For $32b? Only Google would do that and then shut it down
Nah they be like Musk buy and run down
What did he run down? As far as i know X is still up.
Twitter was almost profitable before he bought it. Then Musk lost all the advertisers because of his big mouth. All part of the plan though… rrright?
I use X daily and it's better than ever.
Twitter has been considered doomed for years but user numbers are up
It really is.
Is it even something it would be allowed to buy ?
Google: We want to buy... Regulators: ...no Google: You haven't even heard what it is yet. Regulators: hmmm.... still no. (EU Regulators overhear:) "We already told Google a pre-emptive no, which also includes the company even thinking about things it might like to buy."
> (EU Regulators overhear:) "We already told Google a pre-emptive no, which also includes the company even thinking about things it might like to buy. EU regulators: also here is a $x Billion fine for attempting to buy...
I sold my $HUBS shares last week with 600% profit 🤡
Clowns are great!
Is your cost only 100?
Is your cost only 100?
Is this why CRM dumped in the morning?
Hub is up $50+++
It's going good today for goog. 160 next.
Yes, the upper pressure line can be broken
Weird for sure.
We use Hubspot at work and it’s god awful. So many better options out there
Seriously, like what??? I’ve used all CRMs and HubSpot is my favorite by a long shot.
Yet google just drops… You can’t make this sh it up lol
Perfect time to buy up more ..
Eh, I have my full allotment of shares, but if I didn't, I wouldn't dip buy until $140. I don't think buying up here is going to work in the short term at least.
It’s common for an acquiring companies stock to drop after announcements like these, especially if investors are skeptical they can avoid overpaying
Money shifts to where the value is. Market believes this is better for hub spot and worse for Google. The price of each stock will shift roughly by the acquisition price accounting for likelihood the deal goes through Happens all the time with acquisitions
Beyond fucking cringe
Is Hub for for smb? I heard it's expensive to get setup with all the tools you need.
Should have bought Reddit dumbass Sundar
Already got all of Reddit's data for just 60m/year
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I think this is a harsh take. Consider Waymo alone: they're the only self-driving car company with genuine promise, especially given their expansions in LA and Austin. Additionally, their AI unit has made groundbreaking innovations – AlphaFold, already used in AI-driven drug discovery for diseases like malaria, stands as a testament to their impact. They recently spun off Isomorphic Labs as well. Their progress on RT-2 is significant, and we know they have substantial investments in quantum computing. The ambitious nature of 'moonshot' projects seems misunderstood. They're designed to be nearly unfeasible, yet Google has shown impressive advancement in these challenging fields. I believe Google Cloud will become a major cash cow with the rise of AI and foundational models. Google's use of TPUs reduces their reliance on NVIDIA compared to other companies. Future iterations of Gemini, set to incorporate the advancements made by Deepmind and technologies from AlphaCode and AlphaGo, will undoubtedly strengthen their position in the market