Small startups experiment with novel ideas, workflows and products (in a 1000 flowers blooming way). The successful subset of these that survive, get merged/mol

Small startups experiment with novel ideas, workflows and products (in a 1000 flowers blooming way). The successful subset of these that survive, get merged/molded/copied by BigTech, and acquisitions are one of the ways to do that. More importantly, from Ben's other two points, if there were fewer startups because the expected return from investments reduce, end users lose because many of these novel ideas/products never come to market. BigTech can innovate much more slowly since they can only pick and choose a few of these ideas (even if they manage to come up with them).