3 ms·
It is rather describing the process of becoming a monopoly in the post-industrial economy. Mergers were the main mechanism previously, while now nobody needs M&
by mojuba 10y ago
It is rather describing the process of becoming a monopoly in the post-industrial economy. Mergers were the main mechanism previously, while now nobody needs M&A anymore: just bet on 20 great looking startups and one of them will become a monopoly.
- otoburb 10y ago>>[...] while now nobody needs M&A anymore: just bet on 20 great looking startups and one of them will become a monopoly. For early stage startups I agree, but the prevalence of acquire-hires and straight-up acquisitions in recent years is indicative of thriving corporate M&A departments. Given the recent wave of early-stage AI investments, another wave of not only consolidation but acquisitions is probably on the horizon.
- mojuba 10y agoYes, but what I meant was M&A is no longer a mechanism of becoming a monopoly at least in the tech world. Interestingly, I can't even think of one big acquisition in tech (excluding cable/utilities) that led to a monopoly as a result.
- laurencerowe 10y agoGoogle buying DoubleClick?