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by bigstrat2003 627 days ago
> More startups and more innovation gets created when founders have higher hopes of a positive exit, and in turn, this is good for the world at large.

No, I disagree. It is a negative for the world at large if people are incentivized to build businesses solely so that they can be acquired by some big tech company.

1 comments

Why?
Large players leverage their market position in anti-competitive ways to crush challengers, and this problem becomes more acute the larger the player gets.

Even if one hopes (unrealistically, IMO) that sufficiently-large hypercorps will save us from this fate by collapsing under their own weight, why not just cut out the middleman and break up the huge players now, rather than suffering under their market tyranny while hoping for it to happen on their own?