Gerstner says MANG (Microsoft, Amazon, Nvidia, Google) went from near-zero VC investing to $25 billion last year.
“we have this explosion in venture capital investing coming out of four companies, right? He called them MANG. Microsoft, Amazon, know, Nvidia and Google.”
Gerstner argues MANG participation is distorting market prices compared to arm's length transactions with financial investors.
“I do think that it is a really important thing that you're pointing out, which is at a very minimum, I think we can say that the participation of MANG, Microsoft, Amazon, Nvidia, and Google, is distorting the price in the market in a way that wouldn't occur if it was all arm's length transaction with financial investors.”