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This article assumes that companies do best when they are captained by their founders for as long as possible. I think what we are seeing here is a more econom
by chuckgreenman 10y ago
This article assumes that companies do best when they are captained by their founders for as long as possible. I think what we are seeing here is a more economical solution. Innovators make new things, if the public wants or needs the new things larger companies with the resources to hire larger teams to maintain and expand the service acquire them.
Innovators are free to innovate and services eventually get the backing of established companies.
- greenyoda 10y ago"larger companies with the resources to hire larger teams to maintain and expand the service acquire them" But in many cases, the acquiring companies have no interest in the acquired product and shut it down immediately. They're only interested in acqui-hiring the people, who have demonstrated a certain degree of talent in creating a new product. (In some cases, they also buy the company to eliminate a potential competitor.)