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I won't say so. SV is willing to kill anything that threatens it by acquisition. If TikTok was a US company, SV would have made a nice offer. VCs would have
by segmondy 7y ago
I won't say so. SV is willing to kill anything that threatens it by acquisition. If TikTok was a US company, SV would have made a nice offer. VCs would have pressed and possibly faced the founders to sell talking about how there's no more room for new players in the social network space. They will point to Snap & Google+ as an example. Then point how instagram was snap for taking the $1Billion. Google, Facebook, Apple all have enough data to see how fast an app is growing and buy/kill it before it becomes too popular.
I think we can still see innovation out of SV, but it will take someone with restraint, and who's not willing to sell out for cash. For a first time founder that's very hard.