3 ms·
Spot on. I provided another analogy to this concept in a comment awhile back: > It's not particularly strange if you break down the business models that domina
by mbesto 13y ago
Spot on. I provided another analogy to this concept in a comment awhile back:
> It's not particularly strange if you break down the business models that dominate the SV ecosystem. These companies you speak of are merely procurement channels. Think of them as oil drills that suck up as many attention spans as physically possible. And largely they are all competing with each other to strike the next big oil well. Not unlike the oil industry they put massive amounts of capital into the discovery and refinement of such oil wells. The likes of Facebook, Google, etc are simply refineries who sell this attention (refined by analytics and insight) off to the Fords, Coca-Colas, etc of the world.[1]
[1]https://news.ycombinator.com/item?id=6400714 https://news.ycombinator.com/item?id=6400714