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I think acquirers may eventually have chief acquisition officers who will both identify good acquisitions and make the deals happen….Maybe in the future big companies will have both a VP of Engineering responsible for technology developed in-house, and a CAO responsible for bringing technology in from outside.

At the moment, there is no one within big companies who gets in trouble when they buy a startup for $200 million that they could have bought earlier for $20 million.

Isn't he talking about the VP/BizDev here? I know, for instance, that Cisco has an entire group dedicated to evaluating and executing acquisitions.



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