3 ms·
Enterprise software companies sucks because most companies buy competitors to grow instead of doing R&D. It’s a reactionary process instead on a proactive one,
by wil421 6y ago
Enterprise software companies sucks because most companies buy competitors to grow instead of doing R&D. It’s a reactionary process instead on a proactive one, especially for companies with other cash cows.
If they can’t or decide not to acquire a company they will slap together a product like teams hoping to kill slack or zoom. It’s still a reactionary approach instead of doing R&D.
It’s the same in the “Fintech” software world where the large players are merging and acquiring small companies to stave off Stipe, Square, and whatever else hasn’t been picked up yet.