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by aaasen 4843 days ago
It's crazy that there are so many huge companies that I've never heard of. Instagram's acquisition was huge news at $1B, but I didn't hear a peep about Ariba at $4.3B or Genzyme at $20B.

It's easy to think that consumer oriented web startups are what's hot, but this data proves otherwise.

3 comments

> It's easy to think that consumer oriented web startups are what's hot, but this data proves otherwise.

I think what it proves: Crunchbase serves the PR segment of consumer oriented web companies, and fails to serve other segments well. Let's face it, it's not so much a database as it is part of the techcrunch PR machine.

I wonder if a lot of the "there's no innovation any more" talk is a result of the fact that things like biotech just doesn't get the same coverage as the web startups?

There's a lot of biotech/pharmacutecal companies in those lists. Something is happening in that industry, even if we don't hear much about it here and elsewhere.

One thing to consider is how long each of these companies hd been in existence before getting acquired. One thing with consumer web is that the time between conception and exit is comparatively short compared to other industries.