Re:Rapid growth, lessons learned and improvements at Fly.io
by onethought on Tuesday March 07, 2023 @01:10AM
(#35052153)
Spotify, Apple, Amazon, Facebook, Twitter (kinda), Valve all have not been acquired and have existed for a long timescale...
Re:Rapid growth, lessons learned and improvements at Fly.io
by fauigerzigerk on Tuesday March 07, 2023 @04:06AM
(#35053247)
That's clearly survivorship bias.
What you want to know is the probability of a small, independent, high quality provider remaining independent, high quality and not bankrupt.
It does seem to be rare in the tech space, especially in the US. Becoming one of the largest public corporations on earth is one way to do it, as you suggested, but the odds of that happening are miniscule.
Re:Rapid growth, lessons learned and improvements at Fly.io
by Aeolun on Tuesday March 07, 2023 @04:15AM
(#35053298)
For obvious reasons I’m excluding the companies doing the acquiring.
Except Valve I guess, but that was never a public company that could be acquired to satisfy investors in the first place.
I’m curious why you think it isn’t? On a long enough timescale all good things seem to be acquired by large megacorps for a fuckton of money.
Slack, Linode, Minecraft, the list goes on. Eventually they all make the thing less than it was before under the founders’ vision. At least from my perspective.
It won’t stop me from cheering them on, but I’m still very skeptical of them not being bought out in 10 years.