Unnamed Speaker 12

Well, the EU discharged Microsoft with antitrust violations over how it bundles Teams. their, quote unquote, Slack killer into Office. Here's a quick chart. Microsoft Teams, obviously, was bundled. Everybody has it automatically with Office. You don't get a choice, and they rocketed to 75 million members in 2020 to Slack's 12 million.

Well, the EU discharged Microsoft with antitrust violations over how it bundles Teams. their, quote unquote, Slack killer into Office. Here's a quick chart. Microsoft Teams, obviously, was bundled. Everybody has it automatically with Office. You don't get a choice, and they rocketed to 75 million members in 2020 to Slack's 12 million.

You've obviously got a lot of thoughts here, I'm sure, too, as well, Jamal, since you were the early investor in this Looks like Salesforce just got a big win. Benioff gave some commentary on X. Microsoft excels with bundling. It's their not-so-secret weapon for dominating new markets. We know the playbook.

You've obviously got a lot of thoughts here, I'm sure, too, as well, Jamal, since you were the early investor in this Looks like Salesforce just got a big win. Benioff gave some commentary on X. Microsoft excels with bundling. It's their not-so-secret weapon for dominating new markets. We know the playbook.

Office plus Teams, Windows plus Explorer, Azure plus Visual Studio, 365 plus OneDrive and Xbox plus Game Pass. Here's a clip of Saks discussing this on episode 113 of your All In podcast.

Office plus Teams, Windows plus Explorer, Azure plus Visual Studio, 365 plus OneDrive and Xbox plus Game Pass. Here's a clip of Saks discussing this on episode 113 of your All In podcast.

All right, Sax, you heard your quote there. I'm guessing you're not shocked by this action.

All right, Sax, you heard your quote there. I'm guessing you're not shocked by this action.

Shamath, what's the middle ground here between the interest of consumers, which is, hey, I'm getting a free version of Slack.

Shamath, what's the middle ground here between the interest of consumers, which is, hey, I'm getting a free version of Slack.

Correct. They boil the frog.

Correct. They boil the frog.

Shamath, what's the balance here between, say, I don't know, Apple giving away a free note-taking app or a free journaling app to consumers and, hey, consumers get this benefit of free product versus the bundling concept here with, hey, we'll give it to you for free, but eventually we're going to boil the frog.

Shamath, what's the balance here between, say, I don't know, Apple giving away a free note-taking app or a free journaling app to consumers and, hey, consumers get this benefit of free product versus the bundling concept here with, hey, we'll give it to you for free, but eventually we're going to boil the frog.

What's your thought of how to adjudicate this or to execute on it in the best interest of consumers?

What's your thought of how to adjudicate this or to execute on it in the best interest of consumers?

You are so right on this. We are so aligned. If you look at, I've been talking to a lot of LPs

You are so right on this. We are so aligned. If you look at, I've been talking to a lot of LPs

and in talking to them they're looking at corporate credit and p e deals because they can get a return on those and then they're looking at venture and they're saying hey why is there no m a occurring where's our dpi can you guys sell some of these companies it's like yeah we can't sell them because lena khan's gonna scuttle this m a and what that means is in a very real way we have

and in talking to them they're looking at corporate credit and p e deals because they can get a return on those and then they're looking at venture and they're saying hey why is there no m a occurring where's our dpi can you guys sell some of these companies it's like yeah we can't sell them because lena khan's gonna scuttle this m a and what that means is in a very real way we have