How the Frightful Five Put Start-Ups in a Lose-Lose Situation – The New York Times
The tech giants are too big. But so what? Hasnt that always been the case?As the men who run Silicon Valley will be the first to tell you, a companys size doesnt matter here. For every lumbering Goliath, there are always one or two smarter, faster Davids just now starting up in some fabled garage, getting ready to slay the giants when they least expect it.So if youre worried about the power of the Frightful Five Amazon, Apple, Google, Facebook and Microsoft just look at how IBM, Hewlett-Packard or monopoly-era Microsoft fell to earth. They were all victims of creative destruction, of an innovators dilemma, the theories that bolster Silicon Valleys vision of itself as a roiling sea of pathbreaking upstarts, where the very thing that made you big also makes you vulnerable.Well, maybe not this time.
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