Building Corporate Development Muscle
Kyle Price, Chief of Staff & Corporate Development at Roblox
Creating a dedicated M&A function can be daunting for non-acquisitive companies. It\u2019s a big commitment that could take away valuable time and resources from top level management. However, when done right, corporate development muscle can be built slowly, and organically.\xa0
In this episode of the M&A Science Podcast, Kyle Price, Chief of Staff & Corporate Development at Roblox, shares his experience on how to start an M&A function slowly and successfully from scratch.\xa0
Things you will learn in this episode:
\u2022 When to build an M&A function
\u2022 Importance of the people side in M&A
\u2022 Working with business leaders
\u2022 Evolution of corporate development
\u2022 Handling biases in the M&A process
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Episode Bookmarks
00:00 Intro
04:10 When to build an M&A function
07:40 Challenges of a high-growth company doing M&A
08:45 Lessons learned along the way
10:39 Importance of the people side in M&A
12:57 Integration planning
14:39 Working with business leaders
16:42 Deal sourcing
17:24 Overcoming anti-M&A culture
22:04 Team alignment from functional leads
24:02 M&A surprises
25:59 Setting up new leaders for success
28:07 Evolution of corporate development
33:15 Measuring corporate development activity
34:20 Incentivizing the team
35:03 Handling biases in the M&A process
43:33 Craziest thing in M&A
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