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Every nascent industry is dominated by startups and little guys becoming big guys. It happened with oil, the auto industry, electronics, and among many, many ot
by nemo44x 8y ago
Every nascent industry is dominated by startups and little guys becoming big guys. It happened with oil, the auto industry, electronics, and among many, many others.
Although I believe we're only in the midst of the information revolution it would make sense that over time as the industry matures it becomes more and more difficult to break into it. The big guys have leverage and lawyers and I think what we see today with many startups being built to get bought rather than as new enterprises that will stand on their own is evidence of this new phase shift.