The lesson of deals is that if you have two, you have one. … - Balaji Srinivasan

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The lesson of deals is that if you have two, you have one. And if you have one, you have zero.

In other words: the second bidder sets the price and ensures the deal goes through. If you only have one bidder, the price floor is zero. And the deal may not get done at all.

Balaji Srinivasan

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Alternative Names: Balaji S. Srinivasan • Balaji Subbaraman Srinivasan • Balaji S.

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Originators like Balaji Srinivasan:

Pedro Domingos Kevin Kelly Guillermo Rauch Kai-Fu Lee Peter Diamandis

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The lesson of deals is that if you have two, you have one. And if you have one, you have zero. In other words: the second bidder sets the price and … - Balaji Srinivasan

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