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It should be noted that the vast majority of the IT industry isn't startups. Lots of the drive of rent is not funded by VCs.
by jethro_tell 10y ago
It should be noted that the vast majority of the IT industry isn't startups. Lots of the drive of rent is not funded by VCs.
- Mtinie 10y agoI'd argue that what you're identifying as those businesses in the majority were at one time, startups themselves. Without the previous generation of concentrated wealth those businesses would not be in the position they are. I do, however, also agree with your counter-point to the previous comment.
- aplomb 10y agoPrices are driven on the margins - that is the last transaction