they think they do but are just sniffing their own farts. not all FAANG are the same of course. innovation happens at startups or under the radar bootstrapped c

they think they do but are just sniffing their own farts. not all FAANG are the same of course. innovation happens at startups or under the radar bootstrapped companies. FAANG buys them and integrates their work. i would argue real innovation does not happen at VC funded startups because they don’t have years to work on their own schedule. they need to raise all the time and focus on growth. blue sky tech development does not fit in those plans.