Re:American tech giants are making life tough for startups (...
by al_borland on Thursday June 02, 2022 @03:58PM
(#31599787)
>as a user any time a great product hits the market, no matter how much I like it I have to worry if I can trust the company to be around for the long haul and stick to their offering.
I still get upset about what Google did to Sparrow. I'm extremely gun shy when trying things these days. I don't want to like new products or get used to their features, because I don't trust they will be along for the long-haul.
This can be an issue even without acquisitions, as companies can simply go out of business. With the current business model of "take on debt until acquired or SPAC", it doesn't give me much confidence in the long-term prospects of many new tech companies. The first thing I always look for is how they are making money. If they don't have an answer to that question, I generally stay away.
I still get upset about what Google did to Sparrow. I'm extremely gun shy when trying things these days. I don't want to like new products or get used to their features, because I don't trust they will be along for the long-haul.
This can be an issue even without acquisitions, as companies can simply go out of business. With the current business model of "take on debt until acquired or SPAC", it doesn't give me much confidence in the long-term prospects of many new tech companies. The first thing I always look for is how they are making money. If they don't have an answer to that question, I generally stay away.