The End of Tech Startups
There’s no doubt we’ve been through an unprecedented startup boom over the past decade or so, for one obvious reason. Technologies like cloud computing, collaboration tools and distribution platforms (app stores, social media) have fundamentally driven down the cost of starting a company.
This is true across industries. It’s particularly true in tech, where one-time startups toppled incumbents by taking advantage of new technology, for e.g. Google making Yahoo irrelevant through search.