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> They did so primarily by making the tech industry much less about engineering and much more about lawyering and deal making. This is my take home for everyth
by hyperion2010 11y ago
> They did so primarily by making the tech industry much less about engineering and much more about lawyering and deal making.
This is my take home for everything. Lawyers are the ones in congress. Who ultimately benefits from the arrangements we have now? Lawyers and pretty much no one else.
Simplistic? Yes. However, if you play the 'follow the money' game I'm not sure who else benefits, because I'm fairly certain it isn't the landlords.
- Periodic 11y agoWhat really stood out to me was the idea that the current climate of shooting for an acquisition as a primary exit strategy is due to the threat of the entrenched goliaths of the industry and the concentration of power they have in terms of markets and patents. I had never linked that trend to anti-competitiveness in the market because the market looks so competitive based on how many companies are starting and getting funded.