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For many startups, the only goal is to get acquired by the big players. We know fully well that acquiring competition is a perfectly viable strategy to reduce c
by TrackerFF 7y ago
For many startups, the only goal is to get acquired by the big players. We know fully well that acquiring competition is a perfectly viable strategy to reduce competition. It's a win-win situation for founders, investors, and the big companies.
The founders and investors get a huge payday, the big companies get useful IP and employees, and are free to bury the product (see google graveyard).
It's sad. When startups release amazing stuff, they put pressure on the whole industry to up their game; consumers get better products, companies are forced to innovate, and good by-products come along.
But in the end, money talks.