This used to be the standard acquisition model for a few decades but I felt that since 2010 most large corporations figured out this wasn't a great strategy as

This used to be the standard acquisition model for a few decades but I felt that since 2010 most large corporations figured out this wasn't a great strategy as they lost all the mindshare and eventually the market to a new competitor that sprung up from nowhere. When I was at Oracle this was a well known business plan, if Oracle acquired it a bunch of guys who knew the market/problem well would get together, seek funding and start a competitor aimed at the existing customer base. People couldnt be happier to get out of working with Oracle so it worked well for a long time. More recently larger companies have learned to leave their acquisitions alone. Just look at LinkedIn as a great example.