Re:The death of corporate research labs
by scarface74 on Thursday May 21, 2020 @04:12PM
(#23264405)
Why would I trust random third parties with the level of access that Apple has? Should Apple also allow access to the Secure Enclave by third parties?
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.
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.