4 ms·
The world has always been this way, where it seems like the giants will live forever. And that smaller companies don't stand a chance to dethrone any of these i
by zuhayeer 7y ago
The world has always been this way, where it seems like the giants will live forever. And that smaller companies don't stand a chance to dethrone any of these incumbents. But history has always proven that wrong. Just look at the landscape now, it's already so different than just 5 years ago. These so called large companies haven't even been alive for most of our lifetimes.
> That means the only way their investors will get their money out will be via an acquisition by one of the large companies. Google, Facebook, and their ilk “have become enormous by swallowing small companies”
This point about acquisitions always held true. Most companies will get their exit through an acquisition. There will have been many acquisition conversations had at any company that has IPO-ed. The media has us well poised to believe that a company must IPO to succeed, when most startup successes are buried in the boring stories of acquisitions. Very occasionally does a company breakthrough and IPO.
And if anything, this shows that small is still incredibly powerful – if they feel the need to acquire you instead of mobilizing their large numbers of employees, then, whether they admit it or not, they definitely believe in the value of small too.