You're right, of course. Developers still hold a lot more of the cards, and power, than investors would like. But you're also missing the irony here: when sof

You're right, of course. Developers still hold a lot more of the cards, and power, than investors would like. But you're also missing the irony here: when software foundations consolidate, so will everything else in software. Instead of a thousand crazy 'apps' like SnapChat, you'll have user-derived variations, fulfilling the long tail, leaving little need for VC and the silly valuations they inspire.