The Big Story podcast

The solar hasn’t been shining on Wall Road this week as tech shares dipped precipitously – The Commerce Desk amongst them.

Regardless of delivering first rate earnings, TTD’s inventory dove by greater than 25%, making it one of many most affected of the advert tech bunch.

It was a shocking growth after greater than a 12 months of truthful climate for advert tech. However now that a couple of clouds have began to collect, is the forecast nonetheless rosy for advert tech, each on the inventory market and on the M&A entrance?

On this week’s episode, we distinction The Commerce Desk’s unusual nose dive with LUMA Companions CEO Terry Kawaja’s rosy column for AdExchanger through which he predicts the mom of all advert tech M&A booms.

However not everyone seems to be ready round for that to occur. We additionally talk about the development of impartial advert tech talent migrating to walled gardens. Though not a brand new phenomenon by any stretch, what does it imply that individuals in-the-know seem like fleeing the open internet on the eve of the tip of third-party cookies?

Simply questioning.

(P.S. Issues transfer so rapidly in tech that just some hours after we recorded this episode, Antonio Garcia Martinez was already out at Apple.)

Additionally on this episode: Our editorial workforce’s evaluation of the intro music on earnings calls and the “tells” we’ve discovered as reporters about what an incomes name’s vibe says about Wall Road/CEO relations.