“Today’s giants are “much more ruthless and introspective. They will eat their own children to live another day,”
The dominance of the big platforms has had a meaningful effect on the entrepreneurial culture of Silicon Valley,” says Roger McNamee of Elevation Partners, a private-equity firm, who was an early investor in Facebook. “It’s shifted the incentives from trying to create a large platform to creating a small morsel that’s tasty to be acquired by one of the giants.”
Unlike the old school companies, today’s tech giants are aggressive, paranoid like a startup; Importantly, they own the platform and consumer access which makes it tough for startups to break through.
Which is why all we get to see is ‘features’ centric startups and not too many audacious ones.