4 ms·
I don’t think the mega corps invented any of their smart home stuff. They acquired small companies that made good products then tore them to shreds to mine data
by idontwantthis 3y ago
I don’t think the mega corps invented any of their smart home stuff. They acquired small companies that made good products then tore them to shreds to mine data and sell advertising which is how they make money.
- nr2x 3y agoI wish there was still a path to have a profitable mid sized company, period. It’s either get acquired or killed by a big company.
- red-iron-pine 3y agoMost of those profitable mid-sized companies are aiming to get acquired. Like, building to a profitable SMB then exiting is essentially what this site (ycombinator) is all about.
- nr2x 3y agoAgree, I just think it’s a sad reflection of where we ended up both tech industry in general and societally as well. The local cafe is now a Starbucks, your bank is now part of JPM, your favorite utility software just got acquired and killed because there’s no way to show you ads on it.