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I reckon this "big companies hoovering up smaller ones" phenomenon will eventually cause the startup economy to die. None of the services are reliable; they co
by gkya 13y ago
I reckon this "big companies hoovering up smaller ones" phenomenon will eventually cause the startup economy to die. None of the services are reliable; they come up, start their services with a "no warranties, use at your own risk and we go away at our own disposal" policy; then some big company like Google, Facebook or the newfangled giant Dropbox buy them out and mix them into themselves. The service is gone. The users have to recover. The only acquisitions I can recall, which did not disrupt users recently was that of Instagram's and Vine's (also WhatsApp, but that's too recent to be sure, isn't it?). But the wonted story is that money is poured onto the owners, and the services get killed. Now, I am not an entrepreneur, and am not that knowledgeable about business topics, but I can see that people become less likely to invest in startups each day, every time news of these kinds hit the headlines. Sad, that is.