3 ms·
I’m not so sure. I think software trends in the last 10-15 years or so have been driven heavily by a small number of influential players (FAANG, mega-VCs). An
by truculent 3y ago
I’m not so sure. I think software trends in the last 10-15 years or so have been driven heavily by a small number of influential players (FAANG, mega-VCs).
An influx of dumb money like that can shape and distort the market and overwhelm the feedback loops that would otherwise give consumers influence.
Perhaps now rates are up, the equilibrium changes, but I think it’s still easy to overestimate the number of “first movers” in an industry and the power of tacit or unconscious collusion.