Comment by echelon

> Why

This is why VCs won't fund consumer. It's frothy, fickle, and the incumbents have saturated the network effects market. And that totally sucks.

I'm a believer in strong antitrust and that a fire every decade or so clears the forest of dead growth and renews the ecosystem. Evolution and reinvention staves off ossification. Instead of working on hyper-optimization of things like better ad targeting in search of more growth, we're working on more important problems and lifting bigger weights.

More startups means better compensation for ICs and innovators. Rewards for capital risk rather than extremely large wealth funds and pension plans.

Look at your Fords and Boeings. Totally stagnant. Newer international competition is refreshing and energized.

Or Google of just two years ago, before they had their "come to Jesus" moment. Where they witnessed visions of the loss of their single largest cash flow flashing before their eyes.