2 ms·

> There isn't going to be a "changing of the guard" like what happened with IBM, Sun, etc... Said the same people when those companies changed the guard of pre

by mbesto 8y ago

> There isn't going to be a "changing of the guard" like what happened with IBM, Sun, etc... Said the same people when those companies changed the guard of predecessors. Don't you remember the time when people thought Walmart and IBM were infallible? > Trust me I have first hand experience here. Trust me, I can cite billions of dollars that have bets (with real money) that say otherwise. > My point is that you can't make a company today that will beat Facebook, Google, Amazon, Apple or Microsoft. You wanna bet on that? Guess what? You can! Do you have all of your net worth tied up in Facebook, Google, Amazon, Apple and Microsoft stock? If not, then your hard stance on the matter is pretty empty. > The "agility" of a startup, which itself isn't unique anymore, doesn't get you to scale faster than these companies anymore. Since when? > All the channels are saturated and you'll either get bought or crushed. That's what is scary. Bought yes. This is definitely a problem, but for other reasons than your original argument (this is bad for startups)...but I think you just proved my point - you can get bought (for lots of $$ mind you) if you compete.

hueving 8y ago
>Do you have all of your net worth tied up in Facebook, Google, Amazon, Apple and Microsoft stock? If not, then your hard stance on the matter is pretty empty. That's a pretty naive view to how markets work. You can easily come up with scenarios where FAANG companies end up wrecking the scene for both startups and themselves. Stifle innovation long enough through a combination of acquisitions and lobbying government officials for big tech company legislation (e.g. this EU copyright bill, GDPR, obscure data compliance specs, etc) to ensure that nothing too disruptive can really take hold. Then just bloat like all uncompetitive companies while failing to meaningfully grow revenue for 30 years and you have a recipe for underperforming the rest of the market.

by mbesto 8y ago

hueving 8y ago

>Do you have all of your net worth tied up in Facebook, Google, Amazon, Apple and Microsoft stock? If not, then your hard stance on the matter is pretty empty. That's a pretty naive view to how markets work. You can easily come up with scenarios where FAANG companies end up wrecking the scene for both startups and themselves. Stifle innovation long enough through a combination of acquisitions and lobbying government officials for big tech company legislation (e.g. this EU copyright bill, GDPR, obscure data compliance specs, etc) to ensure that nothing too disruptive can really take hold. Then just bloat like all uncompetitive companies while failing to meaningfully grow revenue for 30 years and you have a recipe for underperforming the rest of the market.