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The tech giants have learned to think on longer time horizons than capital markets have. Which means that big companies and VC's (their vendors) ultimately end
by nicodjimenez 8y ago
The tech giants have learned to think on longer time horizons than capital markets have. Which means that big companies and VC's (their vendors) ultimately end up dominating most startups, which in turn means that the original core essence of the company that made it successful in the first place gets weeded out for short term gain. The companies that can resist these powerful dynamics are very rare. They tend to be tiny, or extremely successful (eg. Airbnb, Uber, ...). It's the companies in the middle that have to worry the most.
- softwaredoug 8y agoGood point. We may be in this position because private investors on average are naive buzzword chasing sycophants while Google etc have scale, leverage and knowhow to direct and control the market over the long term.
- jfk92n8 8y agoNonsense MS already did this Walmart already did this ATT already did this The newer tech companies are just replaying American Business 101 There’s no more mystery or nuance needed Own it all is the meme in American enterprise going back decades