>All these "generic" apps like notes, photo, project management etc will all be bought once they become successful and be consumed by one of the existing giants in the space.
It's already happening. For example, the Microsoft Office365 cloud suite of apps is looking pretty comprehensive.
>Why can't people just build products and ask for money upfront?
They can. Why can't they?
>The startup agenda is either make a billion dollar company or go home.
A certain kind of start-up with a certain kind of investment model. Lots of startups grow to be medium sized business.
It's already happening. For example, the Microsoft Office365 cloud suite of apps is looking pretty comprehensive.
>Why can't people just build products and ask for money upfront?
They can. Why can't they?
>The startup agenda is either make a billion dollar company or go home.
A certain kind of start-up with a certain kind of investment model. Lots of startups grow to be medium sized business.