“Microsoft LOVES developers.”
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 4 June 2018
⏱️ 19 minutes
🧾️ Download transcript
Summary
Microsoft buys Github for $7.5 billion in stock. David Kretzmann analyzes the deal as we wonder why Microsoft didn’t pay in cash. We dip into the Fool Mailbag to consider the relative merits of Garmin, both as a business and a stock. Plus, we shares some highlights from FoolFest 2018.
Thanks to LinkedIn for supporting The Motley Fool. Go to https://www.linkedin.com/fool and get a $50 credit toward your first job post.
Transcript
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| 0:00.0 | Thanks to LinkedIn for supporting this episode of market foolery. The best place to find great talent for your hiring needs is LinkedIn. |
| 0:07.0 | In fact, 70% of the US workforce is already on LinkedIn. |
| 0:11.0 | For a $50 credit toward your first job post, visit LinkedIn.com slash fool. |
| 0:17.7 | Terms and conditions apply. |
| 0:20.1 | It's Monday, June 4th. |
| 0:23.0 | Welcome to Market Flory. |
| 0:24.0 | I'm Chris Hill joining me in studio. |
| 0:26.0 | It's David Kressman, fresh from the weekend, and fresh from Foolfest. |
| 0:30.0 | Absolutely. |
| 0:31.0 | We're going to talk a little bit about Fool Fist. We're going to share some highlights. We're going to dip into the full mailbag. We got to start with the deal of the day and that is Microsoft buying GitHub for seven and a5 billion dollars in stock and I'm sure at least some of you are saying |
| 0:46.7 | what in the world is GitHub? It is a coding platform and this is one of those situations where the big tech company has their own version of something. |
| 0:58.0 | It doesn't work as well or it's not as popular and they say, you know what what we're just going to shut this thing |
| 1:02.7 | down and we're going to go out and buy that and that was you know Microsoft had |
| 1:05.7 | codeplex and they shut it down a year ago because it just wasn't as popular as |
| 1:11.5 | GitHub. Yeah, hub gives them really what seems like a burgeoning |
| 1:16.5 | community of software developers and as we know from former CEO Steve |
| 1:21.2 | Baltimore Microsoft loves developers. |
| 1:23.2 | If you don't know what I'm referring to, go to YouTube |
| 1:27.1 | and search Steve Balmer developers. |
| 1:29.1 | And it'll be a minute of your day well spent. |
| 1:32.2 | So anyway, I think this makes sense for Microsoft. |
| 1:35.7 | They have a long focus on software development. |
... |
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