>A startup made for the purpose of acquisition was never a competitor You cannot get acquired unless you represent a percentage of market share, have IP which

>A startup made for the purpose of acquisition was never a competitor You cannot get acquired unless you represent a percentage of market share, have IP which will lead to greater market share, and/or have employees who can expand market share for a product. >A big whale company that gobbles up some of the fifty startups that only have like 2% of the market total is not a competitive market at all. A big whale company performing that many M&As to little startups is essentially fueling future competitors. If I was an investor I would see that market as valuable for the unicorn breakthrough possibility or at least an eventual acquisition exit event.