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I wonder how much of this is pragmatism. The current method of growth seems to be acquisition vs. funding in-house R&D. This makes a certain amount of sense bec
by bumby 5y ago
I wonder how much of this is pragmatism. The current method of growth seems to be acquisition vs. funding in-house R&D. This makes a certain amount of sense because it means ideas have longer to be validated before committing funds to them.
- systemvoltage 5y agoI think the centralized Bell Labs approach affords long-term research whereas startups are narrowly focused, interested in exit, strapped up and duct-taped underneath – 'like building an airplane while it is flying', inexperienced, VC-pressured, and less resourceful. Good point though, that's where Big Tech spends cash - acquisition. I was searching a bit more and Big Tech has been doing a bit of stock buybacks as well.