May 15, 2020 · Episode 107

Uber offers to gobble up GrubHub, Elon Musk is “Re-open America guy”, and a prediction on mergers in digital media

2 predictions · 0–1 · 0% accuracy

Scott's predictions2

News will emerge within the next 30 to 90 days (i.e., by mid-August 2020) of a merger or major consolidation involving second-tier digital media companies such as Yelp, BuzzFeed, Vox Media, The Atlantic, and Vice.
“Yeah, well your instincts are right on. I think there's gonna be news very soon that involves Yelp, BuzzFeed, potentially our employer Vox. These are smart people that right now don't have the scale.”
M&A · Checkable · by Aug 13, 2020
Didn’t happenResolved Aug 13, 2020
The merged digital media companies will cut their costs by 20 to 40%.
Only if: If these second-tier digital media companies (e.g., Vox, BuzzFeed, Yelp, The Atlantic, Vice) merge
“Well, yeah, well, they get to hold on to the money, but I mean, it's not aspirational, but basically these are companies that can hold on, they merge, they hold on to 100%, maybe even they grow their revenues faster, and they cut their costs by 20 to 40%.”
M&A · Conditional · Judgment call · by Aug 13, 2020 (inferred)
Didn’t applyResolved Aug 13, 2020