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posted by
martyb
on Friday November 09 2018, @03:31PM
from the startups-want-what-is-behind-door-number-3 dept.
from the startups-want-what-is-behind-door-number-3 dept.
Bloomberg has an article about how big tech sets up a ‘Kill Zone’ for industry start ups. They do it three ways, either alone or in combination. One is by spotting and copying novel ideas and then beating the startups to market though massive investments. Another is to hire up the best engineers and developers, starving the industry for talent. A third is by just plain buying the startups out, either to run with the product or to set it on ice. Regardless, the net effect appears to be detriment of innovation (however that may be measured). There aren't any clear solutions to the situation yet.
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The ‘Kill Zone’ for Industry Upstarts
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It's raisins that make Post Raisin Bran so raisiny ...
(Score: 2) by Freeman on Friday November 09 2018, @05:12PM (1 child)
I would likely sell a company too, if offered stupid money. Seriously, anyone who thinks Markus Persson aka Notch, the maker of Minecraft did the wrong thing is insane. When Microsoft offers you $2.5 Billion dollars for your game / studio. You sell it. With money like that, he could make "Minecraft 2" and just not call it Minecraft. Though, maybe as part of the deal he had to agree not to do anything of the sort. $2.5 Billion dollars is more money than Doctor Evil wanted for not destroying the world. I mean, it's literally Villain money, but legitimately gained. Though, with the amount of cash he got, I might not care about making Game 2.0 or what not. There's a lot more good things you can do with that kind of money. Unfortunately from the sound of it, he didn't seem to know what to do with the money. In reality, he probably already had more money than he knew what to do with. This just gave him more issues, probably.
Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"
(Score: 2) by JoeMerchant on Friday November 09 2018, @05:32PM
US$2.5B is > 80 private islands (super-villain lairs).
Of course, instead of just having 80 ordinary super-villain lairs, you can really do 10 or 20 of them up right:
https://www.businessinsider.com/rent-david-copperfields-private-island-2015-9 [businessinsider.com]
🌻🌻 [google.com]