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Chamath Palihapitiya talked about this problem in an interview from 2018. Many tech startups spend 0.40c of every VC dollar with FB/Google/Amazon. Here is the
by 1290cc 7y ago
Chamath Palihapitiya talked about this problem in an interview from 2018. Many tech startups spend 0.40c of every VC dollar with FB/Google/Amazon.
Here is the original interview: https://www.youtube.com/watch?v=RwRZtZQoLtQ https://www.youtube.com/watch?v=RwRZtZQoLtQ
- xamuel 7y agoIronic considering most tech startups' exit plan is essentially to be acquired by FB/Google/Amazon. They are de facto R&D branches for FB/Google/Amazon with all the attendant risk and none of the benefits.