3 ms·
Just earlier today, I read this post on Techrunch, of course not only because of Apple, but the size and weight of the FAANGs is just too much even for a free m
by iamkonstantin 2y ago
Just earlier today, I read this post on Techrunch, of course not only because of Apple, but the size and weight of the FAANGs is just too much even for a free market:
> While these companies are definitely benefiting from embracing new trends, there are other factors at play as well — in particular, investors don’t have many places to park their money to make bets on new technology.
> “There’s minimal competition as we are in oligopolies and duopolies,” Wang told TechCrunch. “We used to have hundreds of software companies, but decades of mergers and acquisitions have whittled down the options to a few companies in every geography, category, market size, and industry.”
https://techcrunch.com/2024/06/29/sap-and-oracle-and-ibm-oh-my-cloud-and-ai-drive-legacy-software-firms-to-record-valuations/ https://techcrunch.com/2024/06/29/sap-and-oracle-and-ibm-oh-...