Seems to confirm the subthesis of Carl Schramm's The Entrepreneurial Imperative. That is, established firms are having to become increasingly entrepreneurial in

Seems to confirm the subthesis of Carl Schramm's The Entrepreneurial Imperative. That is, established firms are having to become increasingly entrepreneurial in order to compete. This is largely good news for those doing startups. Since the lifespan of profitability for any one business model is decreasing in the future, existing firms are going to be offering a lot of money to buy new ones or get pushed out of the marketplace.