“I’m a business, man.”
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 4 March 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
Okta buys rival Auth0 for $6.5 billion in stock. Square buys Tidal for $300 million in cash and stock, and adds Jay-Z to the board of directors. Bill Mann analyzes those stories, and discusses whether American Eagle Outfitters’ recent hot streak is sustainable.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Thursday March 4th. Welcome to Market Fully. I'm Chris Hill with me today, wrapping |
| 0:07.0 | up the week, Mr. Bill Mann. Good to see you. How are you, my friend? I'm good, because |
| 0:12.8 | we got, we have three stories that we're going to talk about, and any one of them could |
| 0:17.9 | be our lead story, but I'm going to choose to start our conversation with Octa. Are you |
| 0:23.8 | just pulling this one out of the bag? You're just randomly going. Now, it's not random. |
| 0:29.6 | It's not random. It's one of those things where, you know, it's like, I want to say to |
| 0:33.8 | the other two stories, you were really close. You were almost a lead story, as though that |
| 0:38.6 | actually matters to anyone. Exactly. It was a really hard decision. It was a really hard |
| 0:45.0 | decision for me. Octa is the cloud software business that lets office workers, including |
| 0:52.5 | us at the Motley Fool, access all of their apps through a secure online service. And Octa |
| 0:59.1 | is buying one of its rivals. Also, is that how we're pronouncing it? It's AUTH, and |
| 1:05.5 | then the number zero. I've only read it. And so right as we were getting ready to get |
| 1:11.2 | on, I was about to, like, look up how they say, how they describe themselves. I think |
| 1:17.0 | it's all zero. Okay. Why don't you say off O for the rest of the time, and I'll say |
| 1:21.7 | off zero for the rest of the time, and we'll see what happens. Okay. Yeah. I'm down with |
| 1:26.0 | that. Okay. Because certainly deciding to name your company that, and say, no, this is |
| 1:30.6 | how we're pronouncing it. That's a choice they can make. You deserve what you get. Yeah. |
| 1:33.9 | So, although is one of Octa's rivals, and Octa is buying them for six and a half billion |
| 1:39.4 | dollars, this is an all stock deal. And apparently, nobody outside of Octa's executive suite |
| 1:45.8 | thinks this is a good deal at a good price, because shares of Octa, before the market |
| 1:51.3 | opened, we're down more than 10%. It is rebounded. It's now down only about 3%. You tell me, |
| 2:01.4 | is the market getting this one wrong? Is this a good deal for Octa? Well, this has come |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

