[garry]

Examples of do-nothing-ism at large companies— lots of launches of bad products. Huge advertising budgets. Large staffs of ineffectual people. Pointy headed bosses. Where do you think that meme came from? Big companies!

Obviously bad startups have this too. I never said it never happens at startups. Those startups die, though, which I do mention.

Re: acquihires, lets be frank. These do not happen with the frequency you may think, and they're not nearly as good as you might hope. It may seem like startups are just like the show Silicon Valley, but that ignores the fact that there is still real signal, real companies, real revenue. It's overly cynical to think that it's a winning strategy to play it like the HBO show. Do the buzzwords, the song and dance, look like a startup. It does not work, nor should it. It's a recipe for disaster. I see it every day.