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Sure but the large firms can borrow so cheaply that it makes it easier for them to buy promising startups. Making the startup ecosystem into an R&D arm of a few
by weeksie 8y ago
Sure but the large firms can borrow so cheaply that it makes it easier for them to buy promising startups. Making the startup ecosystem into an R&D arm of a few big companies.
That's bad for innovation overall and our economy in the long term. It's probably the best time to be a founder looking for a quick exit though. Easy funding and lots of buyers willing to pay a lot.
- avinium 8y ago> bad for innovation overall and our economy in the long term. It's probably the best time to be a founder looking for a quick exit though. Aren’t these two points contradictory? When acquisition opportunities are plentiful, people are more likely to start/invest in companies, leading to more innovation and development, no?
- weeksie 8y agoNo, because many of those companies are bought before they can hit an inflection point and become dangerous to an incumbent.