Peter Kim
@peter
Good time to build https://i.imgur.com/PvNiF1i.jpg
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Varun Srinivasan
@v
what if AMZN/GOOG/MSFT builds this isn't a problem for startups in low cost of capital env either i remember pg sharing a stat back in 2013 that only 1 yc company had actually suffered this fate after nearly a thousand companies had been funded
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Peter Kim
@peter
fair point, but I'm assuming there were also a lot of startups that were never started because of the vast horizontal expansion of R&D projects within Big Tech companies that deterred potential founders without conviction they could compete maybe they would've ended up failing anyways
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