Something mildly condescending and irritatingly simplistic about this article... I understand his loose attempt at the general point about enterprise customer b

Something mildly condescending and irritatingly simplistic about this article... I understand his loose attempt at the general point about enterprise customer base and enterprise valuation. But great companies exist despite "intellectual property" (another loose term), not because of it, especially in the realm of software - i.e. it simply is not the driving concern for creating either a great enterprise or startup! Think about it... The author also seems to have completely ignored disruptive technologies and applications of them, i.e. it is not about being first for the sake of it - look at Xerox etc.