Comment by skeeter2020
1 year ago
There were a lot of preferable options for connected, generally non-technical people after the dot-com implosion, for the first ~15 years of the 2000's. I joined a comp sci grad and his engineer brother in a software startup because we couldn't get jobs with an established company, big corp, investment bank or other much more likley "sure thing". The equation has completely changed, and the startup landscape with it.
Startups went from “let’s become the next Google” to “let’s get acquired by Google”. FAANG+ have become way too big and have effectively become a multi-opoly (oxymoron and a half) that has ossified the entire market.
But two decades earlier couldn’t you say the same thing about Microsoft?
It’s part of the cycle.
Oligopoly is a close word.