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This is how Silicon Valley works in a nutshell. There is legacy technology corporation A - with a bunch of enterprise customers, eventually they: - reach a pl
by slt2021 3y ago
This is how Silicon Valley works in a nutshell.
There is legacy technology corporation A - with a bunch of enterprise customers, eventually they:
- reach a plateau of sales /growth
- feature development slows down
- cost getting cut across the board
The core product team eventually just leaves the company to use all their internal knowledge to create a startup B that competes with A and delivers next-gen technology in the same space. They get traction, and funding and outgrow company A eventually.