As impressive as it may sound, this is pretty shocking for the state of the industry.
An innovative, new upshot getting sucked up/ blatantly ripped off by an established player with more muscle, money (and in this case - users) to throw at the problem is not a great incentive for entrepreneurs.
Consolidation at this level resembles communism more closely than the kind of free market innovation we should be seeing.
An innovative, new upshot getting sucked up/ blatantly ripped off by an established player with more muscle, money (and in this case - users) to throw at the problem is not a great incentive for entrepreneurs.
Consolidation at this level resembles communism more closely than the kind of free market innovation we should be seeing.
http://avc.com/2017/02/the-end-of-the-level-playing-field/