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From the Economics stand point, overall it's good that there are small start-ups whose sole purpose to succeed in some specialized area and later be bought off
by antimora 15y ago
From the Economics stand point, overall it's good that there are small start-ups whose sole purpose to succeed in some specialized area and later be bought off by a larger company that can use in some strategic maneuver. This is analogous to X-prize factor.
In fact, Apple has benefited tremendously by buying off companies to enhance its products (e.g. touch screen). Had everyone out there decided to build long sustaining companies, there would had been large economic inefficiencies.
- HSO 15y agoThis is a very good point. Also, in my case, I know that there are some things I'd like to do that are almost impossible to do when you're small or it would be a complete waste to reinvent the wheel. Some biggies already have the technology I'd need to get closer to my dream, so I think the ideal path is to keep developing and getting a high profile in a niche that is under the radar and not easily replicable, and scope out potential buyers, not just by money offered but by product/vision fit. In short, it's a mental thing, not what happens on contract paper, that counts.