cover of episode The Deal Room: Ackman’s Flop, Buffett’s Bet, and Canva’s AI Play

The Deal Room: Ackman’s Flop, Buffett’s Bet, and Canva’s AI Play

2024/8/12
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Market Maker

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In this episode, we dive deep into three of the most intriguing stories shaking up the financial world:

  • Ackman’s IPO Flop: Bill Ackman’s Pershing Square IPO crashes from a $25 billion goal to just $2 billion, with major backers like Baupost Group stepping away. We discuss what went wrong and the broader implications for closed-end funds. (3:00)

  • Buffett’s Bold Move: Warren Buffett unloads $3 billion in Bank of America shares, raising questions about market timing. We break down the impact and what it means for investors. (12:00)

  • Canva vs. Adobe: Canva accelerates its AI strategy with the acquisition of Leonardo.ai, aiming to challenge Adobe. We examine Canva’s rapid growth and its race to catch up with the industry giant. (22:00)


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