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It's a smart business strategy to buy smaller companies with great potential, it probably has something to do with why Apple is the richest company on earth, bu
by root_axis 6y ago
It's a smart business strategy to buy smaller companies with great potential, it probably has something to do with why Apple is the richest company on earth, but that strategy also snuffs out that potential company before it has a chance to reach the prodigious scale of a WhatsApp or a LinkedIn. Presumably, Apple knows how to pick winners, so it's likely that at least a small fraction of Apple's acquisitions would have gone on to become ubiquitous house-hold names had they not been sold. Alas, it was fated not to be, but who knows what could have been?
- spideymans 6y ago> Presumably, Apple knows how to pick winners, so it's likely that at least a small fraction of Apple's acquisitions would have gone on to become ubiquitous house-hold names had they not been sold. Not necessarily. If you’re only interested in acquiring technology, the commercial success of prospective acquisitions isn’t particularly relevant.