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There is no limit to the number of companies that can be started. There is a Darwinian process at work that culls the old and dying, and new and ineffective co
by iamelgringo 19y ago
There is no limit to the number of companies that can be started. There is a Darwinian process at work that culls the old and dying, and new and ineffective companies from the herd. It is only a matter of time before someone does make a better bug tracking system with a great cash flow.
Young lions challenge the old alpha males for dominance of the lion pride. Startups challenge and overtake the old companies for dominance in the business. Startups often win unless they get acquired by the old, and there are many other startups that die. That's the way the business works. There are precious few companies that have been able to stay on top for more than 10-20 years. Natural selection is a very powerful force in the startup economy.