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An acquisition proves only that the acquirer needed to hire people, needed customers/users, wanted to kill a competitor, or didn't want to execute a business mo
by smt88 6y ago
An acquisition proves only that the acquirer needed to hire people, needed customers/users, wanted to kill a competitor, or didn't want to execute a business model. It doesn't say anything about whether, during the hundreds of millions of person-hours of work that they buy every year, those companies failed to come up with an idea.
The startup world is mostly a oroving grouns for execution, not ideas. Successful companies are almost never novel. There is usually an earlier competitor that failed.
- deleted 6y ago[deleted]