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You're not wrong, but neither is the OP. Sometimes big companies simply buy out startups so they can maintain market dominance - whether they be direct competit
by Rury 6y ago
You're not wrong, but neither is the OP. Sometimes big companies simply buy out startups so they can maintain market dominance - whether they be direct competitors or new emerging markets.
You see this with Facebook buying Oculus in 2014, Microsoft buying Skype in 2008, Google buying Waze in 2013, Apple buying Shazam etc.
Also this is not privy to the tech industry. Large companies of all sorts of industries use the growth by acquisition strategy.