Tech has also consolidated significantly. - Facebook has acquired 86 companies, most of them small startups. They famously own Instagram, Whatsapp and Oculus,

Tech has also consolidated significantly. - Facebook has acquired 86 companies, most of them small startups. They famously own Instagram, Whatsapp and Oculus, as well as Giphy. https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Facebook https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio... - Alphabet has made 236 acquisitions. They own Youtube and Doubleclick which are massive. Android, Maps, Docs and many other Google products came from acquisitions. https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Alphabet https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...