Berkshire Hathaway Becomes HP’s Largest Shareholder, Thoma Bravo Co-Founder Orlando Bravo on Bitcoin & Former Reddit CEO Ellen Pao on Twitter Content Moderation 4/7/22

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.5 • 66 Ratings

🗓️ 7 April 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Our anchors begin today’s show breaking down Berkshire Hathaway becoming HP’s largest shareholder with CNBC’s Mike Santoli, and Satori Fund Founder Dan Niles looks at tech investment opportunities in today’s market. Then, Thoma Bravo Co-Founder Orlando Bravo discusses the private equity firm’s latest ventures, his thoughts on the future of Bitcoin and more. Next, Former Reddit CEO Ellen Pao offers her insight on Twitter’s content moderation in light of Elon Musk joining the social media platform’s board, and our Jon Fortt recaps his recent interview with tax software maker Avalara CEO Scott McFarlane. Later, our Deirdre Bosa shares highlights from her conversation with Binance CEO Changpeng Zhao on digital currency and fee compression for crypto exchanges. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	I'm Deerreboza, and you're listening to CNBC's Tech Check.
0:03.5	Our show is live weekdays at 11 a.m. Eastern. Listen in.
0:12.4	Happy Thursday. Welcome to Tech Check. I'm John Fort with Deer's Raposa. Carl is on assignment today.
0:17.8	Buffett's newest tech bet. We will break down the move and how it fits with Berkshire's
0:22.3	other tech investments. And who better to discuss making big calls to investor Dan Niles
0:27.2	with us this hour. And speaking of deals and valuations fresh off, a more than $10 billion
0:32.2	acquisition of Anna Plan, Toma Bravo, co-founder Orlando Bravo, is going to join us for an exclusive you don't
0:38.5	want to miss. And Buffett's not the only one making big bets in tech. On the heels of Elon Musk, joining Twitter's board. We are talking moderation with the former CEO of Reddit later this hour, Dee. A big show ahead, John, but we are going to kick off today's feed with Warren Buffett's newest investment. And it's in tech,
0:55.0	HP Inc, the printer and computer maker.
0:57.1	Berkshire Hathaway, now the company, show ahead, John, but we are going to kick off today's feed with Warren Buffett's newest investment.
0:58.6	And it's in tech, HP Inc, the printer and computer maker, Berkshire Hathaway, now the company's largest shareholder with an 11% stake worth more than $4 billion.
1:03.1	But following Musk's Twitter stake, investors like Buffett are making big calls about
1:08.5	what has value in this market.
1:10.7	Here is Mike Santoli with about how to think about Berkshire's investment.
1:14.2	And Mike, yeah, a lot of the commentary today is what is HP?
1:17.8	Is it an Apple or an IBM?
1:19.6	It is interesting because typically these legacy tech plays are a little easier to understand.
1:26.5	There's no doubt, Dee. And I think there's actually a little bit of
1:29.2	both of Apple and IBM in the investment proposition when it comes to HP. The cheapness of HP
1:36.0	and the fact that it's more of a cash flow buyback story is a lot about the original IBM investment,
1:41.8	although HP has done a little bit better in terms of preserving those cash flows and having those buybacks be somewhat effective. Here's how Berkshire Hathaway
1:48.8	kind of breaks apart into its component pieces, very vaguely speaking. Of course, Apple is worth
	...

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