Blackmail Innovation and Blackmail Investing . . .
By Tom Foremski - August 4, 2008
Exit strategies are tight these days so investors in startups are looking to sell to larger companies. Ribbit "Silicon Valley's Phone Company" last week sold to a phone company, BT, the British Telecom giant.
I'm wondering what's the point in finding and writing about interesting companies if their goal is to be acquired by the very companies that they are supposed to be disrupting?
Is this Silicon Valley's future, to innovate so that the technology can be bought and de-disrupted?
More here on my ZDNet column: Are we seeing a disturbing trend in “blackmail” innovation…? | Tom Foremski: IMHO | ZDNet.com
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Comments (1)
not so sure that spouting a load of web2.0 buzz words some home makes ribit a credible competitor for phone companies.
Posted: August 7, 2008 2:41 AM