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  • Why the Software IPO Wave Is Feeding M&A

    Why the Software IPO Wave Is Feeding M&A
    2026/06/06
    This episode of Tech M&A with Fexingo looks at a counterintuitive trend in dealmaking: companies that just went public are becoming some of the most active acquirers. Lucas and Luna break down the mechanics of stock-as-currency, the risk of overpaying with inflated shares, and why the 2024-2026 IPO pipeline is creating a new class of buyers. They anchor the conversation in recent data, including the sharp sell-offs in high-growth names like ServiceNow and Palantir, and ask whether this acquisition strategy holds up when the market turns. A focused look at a deal dynamic that's reshaping enterprise software. #TechM&A #SoftwareAcquisitions #IPOWave #StockForAcquisitions #StrategicBuyers #EnterpriseTech #ServiceNow #Palantir #PrivateEquityInTech #DealRoom #GrowthStocks #BusinessStrategy #Business #Finance #FexingoBusiness #BusinessPodcast #MergersAndAcquisitions #PublicCompanyDynamics Keep every episode free: buymeacoffee.com/fexingo
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    8 分
  • Why Oracle Stock Dropped 14 Percent While M&A Spend Surged

    Why Oracle Stock Dropped 14 Percent While M&A Spend Surged
    2026/06/06
    Oracle just reported a brutal week — its stock down nearly 14 percent, the worst hit among enterprise software giants. But here's the twist: Oracle is still spending billions on acquisitions, and its M&A strategy may be exactly why the stock dropped. Lucas and Luna unpack the paradox of buying companies when your own share price is falling, using Oracle's recent purchase of a cloud security startup and comparing it to ServiceNow's 17 percent slide and continued dealmaking. They explore how acquirer stock declines affect earnout structures, why buyers sometimes accelerate deals during a downturn, and what Microsoft's 9.5 percent drop means for the broader tech M&A landscape. Specific examples include Oracle's use of stock-collared earnouts and the way falling share prices can actually make all-stock acquisitions cheaper for the buyer. A fresh angle on the counterintuitive relationship between stock performance and corporate M&A activity. #Oracle #TechM&A #EnterpriseSoftware #StockDecline #MergersAndAcquisitions #ServiceNow #Microsoft #CloudSecurity #Earnouts #BusinessStrategy #IPO #SoftwareAcquisitions #MarketVolatility #CorporateFinance #FexingoBusiness #BusinessPodcast #TechDeals #BuyersMarket Keep every episode free: buymeacoffee.com/fexingo
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    9 分
  • Why the Software Startup IPO Explosion is Reshaping M&A

    Why the Software Startup IPO Explosion is Reshaping M&A
    2026/06/05
    In this episode of Tech M&A with Fexingo, Lucas and Luna explore how the recent deluge of venture-backed software startups going public is reshaping the M&A landscape. As companies like ServiceNow, Snowflake, and Oracle see their stocks slide — with NOW down 17.2% in a week and SNOW off 15% — many newly public firms are becoming acquisition targets themselves. Lucas explains the 'IPO-to-M&A pipeline' concept, where a strong IPO market creates a wave of attractive, well-capitalized targets for strategic buyers. Using the example of Asana's recent acquisition of Stack AI, the hosts discuss how acqui-hires, earnouts, and reverse earnouts are evolving in this environment. They also touch on the role of private equity as an alternative exit. The conversation is grounded in current market data, including the 14% drop in Oracle and 11.4% decline in Salesforce, and recent headlines about Google's massive compute deal with SpaceX. #TechM&A #SoftwareAcquisitions #IPOtoM&A #ServiceNow #Snowflake #Oracle #Salesforce #Asana #StackAI #PrivateEquity #Earnouts #AcquiHire #ReverseEarnout #Business #Technology #FexingoBusiness #BusinessPodcast #MergersAndAcquisitions Keep every episode free: buymeacoffee.com/fexingo
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    10 分
  • The Earnout That Reshaped Enterprise M&A

    The Earnout That Reshaped Enterprise M&A
    2026/06/05
    In this episode of Tech M&A with Fexingo, Lucas and Luna dive into a specific earnout structure that changed how enterprise software deals are priced. They use the recent $500 million acquisition of a cloud security startup by a major enterprise platform as a case study, breaking down why the earnout was set at 3.5x revenue, how the target's gross margins and customer concentration influenced the terms, and what it means for founders negotiating their own exit. Along the way, they reference Oracle's 4.7% five-day gain and ServiceNow's flat performance as context for buyer urgency. The hosts also touch on how earnouts can backfire, using a cautionary tale about a blown-up deal from last year. If you're a founder, operator, or investor trying to understand the actual mechanics of earnouts in today's market, this episode gives you a concrete framework. #Earnout #EnterpriseM&A #SoftwareAcquisitions #TechDeals #StrategicBuyers #MAndAStructure #FounderExit #GrossMargins #CustomerConcentration #Oracle #ServiceNow #CloudSecurity #StartupAcquisition #BusinessAndTechnology #FexingoBusiness #BusinessPodcast #TechPodcast #MAndADeals Keep every episode free: buymeacoffee.com/fexingo
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    7 分
  • The Earnout That Blew Up a 500 Million Dollar Deal

    The Earnout That Blew Up a 500 Million Dollar Deal
    2026/06/04
    When a company is acquired, part of the purchase price is often tied to future performance targets. That's an earnout. In theory, it aligns incentives. In practice, it can blow up the deal. Lucas and Luna dig into a specific case: a $500 million acquisition where the earnout turned into a legal nightmare. They walk through how earnouts are structured, why they fall apart, and what buyers and sellers can learn from this particular disaster. The hosts also touch on current tech M&A activity, referencing Oracle's recent moves and the broader market signals from June 2026. This episode is a deep dive into one of the most misunderstood mechanisms in tech M&A. #Earnout #TechM&A #M&A #Acquisition #SoftwareDeals #Business #Technology #FexingoBusiness #BusinessPodcast #LucasAndLuna #StrategicBuyers #EarnoutStructure #LegalNightmare #Oracle #ServiceNow #PrivateEquity #DueDiligence #IntegrationRisk Keep every episode free: buymeacoffee.com/fexingo
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    8 分
  • Why Private Equity Is the New Tech Buyer of Record

    Why Private Equity Is the New Tech Buyer of Record
    2026/06/04
    Public tech giants like Oracle, ServiceNow, and Salesforce have dominated headlines with their acquisition sprees. But a quieter force is reshaping software M&A: private equity. Lucas and Luna break down how PE firms went from financial buyers to genuine tech acquirers, using a specific $2 billion carve-out deal as the case study. They explore why PE can outbid strategic buyers in certain situations, how earnouts work differently in PE-led deals, and what this means for founders considering an exit. The episode lands on June 4, 2026, with a nod to Benchmark's fresh $2B capital raise and the recent run-up in names like ORCL and NOW. If you're building a B2B SaaS company, this shifts the landscape of who your eventual buyer might be. #PrivateEquity #TechM&A #SoftwareAcquisitions #StrategicBuyers #PEvsStrategic #Earnouts #CarveOuts #BenchmarkCap #Oracle #ServiceNow #Salesforce #B2BSaaS #ExitStrategy #Founders #Business #Technology #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    11 分
  • Why Oracle Is the New King of Enterprise M&A

    Why Oracle Is the New King of Enterprise M&A
    2026/06/03
    Oracle just reported a 13.1% stock jump in five days, and its M&A strategy is a big reason why. In this episode, Lucas and Luna break down how Oracle went from a legacy database company to the most aggressive buyer in enterprise software — buying Cerner for $28 billion, scooping up cloud infrastructure startups, and outspending Salesforce and ServiceNow combined. They dig into the playbook: why Oracle targets companies with sticky revenue and low customer churn, how it integrates acquisitions without losing talent, and what this means for smaller software firms looking for an exit. Along the way, they touch on ServiceNow's 8.4% gain and Adobe's 6.1% rise, tying the numbers to the broader M&A wave in enterprise tech. If you're building a B2B SaaS company or just watching the deal space, this episode gives you the concrete playbook behind Oracle's buying spree — and a framework for spotting the next acquisition target. #Oracle #EnterpriseSoftware #TechMergersAndAcquisitions #SaaS #Cerner #ServiceNow #Adobe #Salesforce #CloudInfrastructure #StrategicAcquisitions #BusinessStrategy #Technology #Finance #MAndA #FexingoBusiness #BusinessPodcast #TechDeals #SoftwareAcquisitions Keep every episode free: buymeacoffee.com/fexingo
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    8 分
  • How Oracle and Salesforce Are Reshaping Software M&A in 2026

    How Oracle and Salesforce Are Reshaping Software M&A in 2026
    2026/06/03
    Oracle and Salesforce have been on a buying spree, but their strategies couldn't be more different. In this episode, Lucas and Luna break down how Oracle's infrastructure-first approach and Salesforce's vertical integration playbook are reshaping tech M&A. With Oracle's stock up 28% and Salesforce up 13% in the last week alone, the market is rewarding these divergent paths. We look at recent deals, the rise of earnouts, and what it means for founders and acquirers in enterprise software. If you're building or running a business in tech, this is the M&A landscape you need to understand. #Oracle #Salesforce #TechM&A #SoftwareAcquisitions #EnterpriseSoftware #BusinessAndTechnology #FexingoBusiness #BusinessPodcast #Earnouts #VerticalIntegration #Infrastructure #SaaS #Cloud #LarryEllison #MarcBenioff #MergersAndAcquisitions #PrivateEquity #StrategicBuyers Keep every episode free: buymeacoffee.com/fexingo
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    9 分