Would Apple be a counter-example? Multitouch, PA Semi, Siri, TouchID, etc etc lots of Apple technology was acquired but nobody laments the death of those “brands”
Would Apple be a counter-example? Multitouch, PA Semi, Siri, TouchID, etc etc lots of Apple technology was acquired but nobody laments the death of those “brands”
But honestly, who cares but geeks about what the general population thinks about who invented it?
Umm, this is exactly the problem the article talks about.
The fact that you had to pay obeisance to Apple to get access to private APIs and data is a failure of the anti-trust mechanisms.
The fact that Apple could just buy up Siri without anti-trust mechanisms kicking in meant they can just sit in their castle and let somebody else do the hard work.
VCs don’t invest in startups to help them build low profit “lifestyle businesses”. They fully expect them to be acquired or rarely become public. Just as an anecdote that we are all familiar with, only two YC companies have gone public — Pagerduty and Dropbox - and Dropbox is still not GAAP profitable.
If the governments takes away the ability of companies to get acquired, investments in startups will dry up and $BigTech would be the only ones with money to do research.