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Joined 1 year ago
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Cake day: June 26th, 2023

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  • Your comment explains exactly what happens when post-expiration companies like Google try to innovate

    Hah well, in my defence I did do the sweaty five guys in a basement startup thing in my 20’s. Nowadays I’m more concerned with paying the mortgage and keeping my newborn alive.

    I agree with everything you’re saying. Google hasn’t been the plucky, disruptive underdog in the arena for at least a decade. They’re corporate and bloated. All that matters to Google, and more broadly any incumbent and large corporation, is to inflate the stock price. The products don’t matter, the tech doesn’t matter, all that matters is make stock # go up. The stock is Google’s product.

    Unfortunately in the current economic environment, capital is more expensive now and the incumbent heavy weights are doing everything they can to build regulatory moats around their cash cows. I don’t think we’ll see any competing startups with real tech and engineering innovations for some time.