That's a great point. And this is something I've been thinking about recently.
It is as if some start-up business models are merely based on creating technology that either another company will want to buy outright because it runs parallel to their goals and portfolio - or because larger competition doesn't want to have to pay dearly for not buying them out while they could.
Acquisitions don't result in lasting innovation in my eyes - it increases proprietary code bases. Early exits are like leaving a cash poker game after your first big hand, the fun was just beginning.
I hope to see more and more "start-ups" use less and less VC funding (we do realize that it is the VCs who have the winning scenario here, RIGHT?), say "F U" to acquisitions, and stay around long enough to make a sustainable difference.
Actually I hope Apple take an enlightened approach to this, and see it as a valid migration/coexistence/hybrid strategy, rather than get heavy. Its the ultimate complement to them.
It is as if some start-up business models are merely based on creating technology that either another company will want to buy outright because it runs parallel to their goals and portfolio - or because larger competition doesn't want to have to pay dearly for not buying them out while they could.
Acquisitions don't result in lasting innovation in my eyes - it increases proprietary code bases. Early exits are like leaving a cash poker game after your first big hand, the fun was just beginning.
I hope to see more and more "start-ups" use less and less VC funding (we do realize that it is the VCs who have the winning scenario here, RIGHT?), say "F U" to acquisitions, and stay around long enough to make a sustainable difference.