2/ Historically, M&A has been used as a way to acquire IP, talent or users/customers. When @coinbase hired LinkedIn’s Corp Dev star @emiliemc, some wondered whether this meant the industry was in for a new spate of acquisitions. https://t.co/Klh56BvqYi
— Nathaniel Whittemore (@nlw) July 6, 2018
4/ By and large, however, these aren’t protocol-layer projects. A more curious set of M&A dynamics relate to crypto networks and token economies where capital, coders and community are all extraordinarily liquid and not subject to centralized decisions (like "join this new co").
— Nathaniel Whittemore (@nlw) July 6, 2018
6/ A piece published on @Coinmonks this May called “The Potential Of Crypto M&A” examines three types of prospective deals – the “Old school” deal; the coin “buy out” and the "hard fork" M&A. All theoretical, so far. https://t.co/zQa8vNuEOG
— Nathaniel Whittemore (@nlw) July 6, 2018
8/ @Andy_Bromberg from @Coinlist also wrote a detailed piece about what the first token network hostile takeover might look like, including using airdrops to incentivize network users to burn old tokens to get new. https://t.co/iQpzQuOE8T
— Nathaniel Whittemore (@nlw) July 6, 2018
10/ One incredibly interesting idea from the CFBL piece is the concept that certain crypto acquisitions would effectively be “free," as news of the deal raises the price of the token, and consequently, increases the value of the project's token reserves. pic.twitter.com/xF0mkCvOS7
— Nathaniel Whittemore (@nlw) July 6, 2018
12/ The @StellerOrg @chain acquisition is particularly interesting because the ~$500m value deal will be executed in Stellar’s token #XLM. This Reddit thread exemplifies the conversation about what that might do to the price. https://t.co/BjiPMwTIsT
— Nathaniel Whittemore (@nlw) July 6, 2018
14/ Speaking of what I think, if you’re interested in this topic of crypto M&A (and if you’re not, how did you make it this far?) I wrote a piece about it in @21Cryptos this month. Preview below and available here: https://t.co/rl9rwGN58r pic.twitter.com/AhWuaZwLsq
— Nathaniel Whittemore (@nlw) July 6, 2018
16/ The reason why this article is so exciting to me is that M&A is not only a business strategy but an example of the human propensity to form alliances in competition. It seems crazy that crypto wouldn’t experiment with that deeply social process, even if it looks v. different.
— Nathaniel Whittemore (@nlw) July 6, 2018
17/ When it comes to crypto M&A, we’re not even at inning one but still imagining what the rules of the sport might be. What other pieces are out there that should be in this list? Who is doing the most exciting thinking in this space?
— Nathaniel Whittemore (@nlw) July 6, 2018
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