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This is a good observation. I'd wager that an increasing number of startups these days are executed with an acquisition by BIGCO as their exit goal (inversely p
by roymurdock 10y ago
This is a good observation. I'd wager that an increasing number of startups these days are executed with an acquisition by BIGCO as their exit goal (inversely proportional to the frequency of startup IPOs). The startup is a more involved test than a whiteboard exercise, as it credibly demonstrates that you have the management skills and network to assemble a team and onboard a few customers.
I think facilitating the creation of new, smaller companies is less about removing hurdles which, in the case of tax/legal regulations are mostly there as a (failing) mechanism of equitably redistributing wealth; it's more about waiting for (or moving towards) the explosion of the next paradigm-shifting tech platform that will actually allow the next generation of weirdos and mavericks to build/deliver supremely useful products/services. Color me skeptical on Facebook/Snapchat/Twitter...but I think we'll look back on this period as a time when biohackers/wetware were truly ahead of their time.