A 2014 investor letter from his firm summed up those sentiments: "We think a lot of the data is cooked or misleading".
"Basically, everyone below Amazon is in some sense in play," said James W. Breyer, managing partner at Accel Partners, a Silicon Valley venture capital firm, summing up investor sentiment.
Stanley Collender, managing director of the federal budget consulting group at Fleishman-Hillard, the public relations firm, summed up the administration's fiscal philosophy this way, "Cut taxes because we have a surplus, and cut taxes because we have a deficit".
Dmitri Alperovitch, the co-founder and chief technology officer of CrowdStrike, a private security firm, summed all this up for me by saying, "The idea that any company in the world is going to be able to protect itself against an intelligence service or an armed military unit of another country is, quite frankly, ridiculous".
Notice that now the sum of demands for each component of type (A) differs depending on whether it is the one produced by the new firm, (sum _{forall j}X_{1j}=X_{b}^{V}+ n-1 X_{M}^{V}) or those produced by outsiders, ( sum _{forall j}X_{ij}=X_{M}^{V}+ n-1 X_{O}^{V},forall ine 1).
A sample exchange between John Cage, partner at Ally's firm Cage & Fish, sums it up: "Because what you do want isn't out there.
A quote from the boutique research firm GaveKal sums it up perfectly: "when the Fed worries about something, I start to worry about something else".
This metric is calculated by dividing the enterprise value of a firm (the sum of its market capitalization and total debt) by its EBITDA (earnings before interest, taxes, depreciation and amortization).
While rival firms, such as Google, have been using extra cash to reel in firms for sums in the 10-figure range, Apple has sat out.
One brokerage firm executive summed up the uncertainty, "We are still finding our way here".
