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by david927 4301 days ago
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.