4 ms·

Does it make sense at some point to stop allowing companies to buy up any more companies? Past $10bn annual revenue? $25bn? What harm does that do, compared to

• mc32 7y ago
  Sure but it’s not like Fitbit was going to survive long on its own, so if not google it would have needed another suitor. That said I am sad they had to get bought out and that they were bought out by a company which lets acquisitions whiter on the vine.
  • ocdtrekkie 7y ago
    Sure, but if Google and Facebook both couldn't buy Fitbit, a smaller player would've gotten it, for a lower price. And more competition would remain.
  • echelon 7y ago
    > Sure but it’s not like Fitbit was going to survive long on it’s own Fitbit was profitable. Sure, it wasn't hyper-growth, nor was it earning insane advertiser money, but it didn't have to be those things. Fitbit had best-in-class fitness tracking hardware and software that worked cross-platform. Fitbit should have never IPO'd, focused on reducing operational costs, and turned into a lifestyle business. They were never destined to join FAANG.
• ponsin 7y ago
  A big reason that smaller companies (and nearly the only reason that startups) are worth so much, is specifically because big companies can buy them. Due to the boycott, Iranian companies have no option to be bought by FANG+ companies. Just look at how many startups per capital that they have compared to countries that can have their companies bought out by larger ones.