4 ms·
This is true for the internet companies. For Apple, the innovation is organic (much to the chagrin of VCs [0][1]). Google and Facebook are constantly baited int
by IBM 12y ago
This is true for the internet companies. For Apple, the innovation is organic (much to the chagrin of VCs [0][1]). Google and Facebook are constantly baited into buying startups because their business fundamentally has a shallower moat than Apple's. There's no fear factor that VCs can prey on with Apple - there's not many hardware startups being funded that can ever hope to threaten Apple. When they do make an acquisition they'll almost certainly never overpay.
[0]https://twitter.com/pmarca/status/464741929356230657 https://twitter.com/pmarca/status/464741929356230657
[1]https://twitter.com/cdixon/status/427602474086584320 https://twitter.com/cdixon/status/427602474086584320
- cma 12y agoBeats? Might work out for them, but is it as likely to be a good deal as YouTube or Danger was for Google?
- rgbrenner 12y agoDanger? Do you mean: http://en.wikipedia.org/wiki/Danger_(company) http://en.wikipedia.org/wiki/Danger_(company) Because that's an odd example of a 'good deal'... acquired by Microsoft for $500m, eventually released Kin. Spent over $1B on Kin, and was a huge failure for MS.
- nostrademons 12y agoI think he meant Android, done by the same founder as Danger, but bought by Google for $50M in 2005. Android's now potentially a $multi-billion business.
- coldtea 12y agoOnly Google makes pennies from Android. Samsung makes the $multi-billion.