SilverSun Files Brad Jacobs Bloomberg Interview Transcript

TL;DR

**SilverSun filed a transcript of a Brad Jacobs interview, hinting at potential strategic news.**

AI Summary

This DEFA14A filing from SilverSun Technologies, Inc. is not about SilverSun's direct business but rather includes a transcript of a Bloomberg Radio interview with Brad Jacobs from January 18, 2024. Jacobs, the founder and chairman of freight services provider XPO, discussed his new venture and recently published book. This filing is likely related to a broader corporate event or proxy solicitation where Jacobs' insights or involvement are deemed relevant, potentially signaling a strategic move or partnership that could impact SilverSun's future direction or value.

Why It Matters

Investors should note that SilverSun Technologies, Inc. is filing a transcript of an interview with a prominent business leader, Brad Jacobs, which could indicate an upcoming strategic announcement or a connection to Jacobs' new ventures that might affect SilverSun's stock.

Risk Assessment

Risk Level: medium — The filing itself is low risk, but the inclusion of a third-party interview without clear context from SilverSun introduces speculative risk regarding its relevance and potential future implications.

Analyst Insight

An investor should monitor SilverSun Technologies, Inc. for further announcements or proxy materials that clarify the connection between the company and Brad Jacobs's activities, as this filing alone provides insufficient context for a definitive investment decision.

Key Players & Entities

• SilverSun Technologies, Inc. (company) — the registrant filing the DEFA14A
• Brad Jacobs (person) — founder and chairman of XPO, interviewed on Bloomberg Radio
• XPO (company) — freight services provider founded by Brad Jacobs
• Bloomberg Radio (company) — media outlet that conducted the interview
• January 18, 2024 (date) — date of the Bloomberg Radio interview

Forward-Looking Statements

• SilverSun Technologies, Inc. will announce a strategic partnership or acquisition involving Brad Jacobs's new venture. (SilverSun Technologies, Inc.) — medium confidence, target: Q2 2024
• The inclusion of Brad Jacobs's interview will lead to increased investor speculation regarding SilverSun's future direction. (SilverSun Technologies, Inc.) — high confidence, target: Q1 2024

FAQ

Key Financial Figures

• $1 billion — t time. So, we’ve agreed to put a $1 billion PIPE, an equity investment, into a very
• $2.5 million — back to its legacy owners, give them a $2.5 million dividend, give them a small, less than
• $800 billion — called QXO, which will consolidate the $800 billion building products distribution industry
• $1 b — r right now, because our budget is only $1 billion, they’re all private. 48.
• $5 billion — nue run-rate after year one, at least a $5 billion revenue run-rate— 50. Carol Mas
• $2 — the infrastructure, there’s about $2 trillion of infrastructures spend that
• $3.50 — u look at United Rentals, we started at $3.50 a share; today it’s over $550 a s
• $550 — at $3.50 a share; today it’s over $550 a share. So, a lot of value’s bee

Filing Documents

• ea191898-defa14a_silversun.htm (DEFA14A) — 107KB
• 0001213900-24-004943.txt ( ) — 108KB

From the Filing

MATERIAL PURSUANT TO 240.14A-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to §240.14a-12 SILVERSUN TECHNOLOGIES, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. The following is a transcript of an interview of Brad Jacobs conducted on Bloomberg Radio on January 18, 2024. This transcript was prepared by a third party and has not been independently verified and may contain errors. Bloomberg Radio transcript January 18, 2024 1. Carol Massar (Bloomberg): We could probably spend a whole segment with our next guest just talking about all the things that he has done; the companies he has created and why he’s not stopping. He’s got a new venture that was announced just last year. And, oh, he’s out with a new book, published this past week. With us and back with us is Brad Jacobs, founder and chairman of the freight services provider XPO. Customers—a broad swath of, kind of, the global economy, if you will; some of the world’s largest. So, Boeing, IKEA, Home Depot, Lowe’s, Disney, Amazon, Walmart, so many more—automakers, as well. 2. He has started five companies, Brad has. He’s currently, also, co-founder of United Rentals, former chair of United Waste—another company he started. And I think you might all recall that last Fall, when we had him on, we reminded him and everyone that he has been described as “a numbers guy, a serial entrepreneur”. 3. So, it is delighted— We are delighted to have him back. His new book is called How to Make a Few Billion Dollars . He’s back with us in our Bloomberg Interactive Brokers studio. I’m rushing, because I do want to get you here. Hello, welcome back, congratulations. 4. Brad Jacobs: Hello. Thank you and great to be here. 5. Carol Massar (Bloomberg): It’s great to have you here. How are you? How does it feel to have this done? And how are you feeling more broadly about, kind of, the world at large? There’s a lot going on already in 2024. 6. Brad Jacobs: Always is. If you look at any year for the last 50 years, there’s always stuff going on. 7. Carol Massar (Bloomberg): Is that how you feel as a leader? 8. Brad Jacobs: I do. 9. Carol Massar (Bloomberg): Even wars, and people talk about the hot spots overseas and maybe this being a third world war, if I go kind of to the extreme. You’re just saying, “It’s another year. We have a lot being thrown at us.” 10. Brad Jacobs: Yeah. Yeah. And every year it seems like, “Whoa, this year might be a little bit different.” Or, “We’re close to a nuclear war.” You know, we were always this close to a nuclear war. That’s not a new thing. 11. Carol Massar (Bloomberg): Doesn’t change you in terms of business investment, what you want to do? You just move ahead? 12. Brad Jacobs: Yes. I try to find business plans that are not dependent on calling the macro correctly. As long as I don’t get in at the rock bottom of the cycle or the top of the cycle, I’m okay. 13. Tim Stenovec (Bloomberg): Where are we in the cycle? 14. Brad Jacobs: I think we’ve started to see the economy slowing down, for sure, here and in Europe. I think it’s going to continue to slow down. And, depending on what the Fed does, it could start picking up. But it depends on what the Fed does. 15. Carol Massar (Bloomberg): Is that more an issue of what the Fed does versus the wars overseas. We’re looking at the Red Sea and ships not being able to go through. We’re worried about, does the supply chain already have some problems in it, and maybe it even gets worse? Is the Fed more important, and really global central banks? 1 16. Brad Jacobs: The Fed is more important than what the Houthis are doing. The Houthis are driving— The Houthis, if you want to look at it in economic terms, are inflationary, because they’re driving up shipping costs, which will be passed along to consumers in the end. But the Fed is the overall stimulator or slower-downer of the economy. 17. Carol Massar (Bloomberg): So, they’re more important. Yeah. 18. Tim Stenovec (Bloomberg): Well, there is a big debate that we t

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