There are times when I really like the thoughtful analysis on Stratechery and there are other times when I think it's a complete pile of detached-from-reality horsesh!t. Today is of the 2nd kind.
What it also has is a potentially fatal weakness: no platform with user-based leverage.
Sorry, what? Windows still has > 90% market share on desktop. If that isn't "user-based leverage" I don't know what is.
This, by the way, is precisely why Microsoft is the best possible acquirer for GitHub, a company that, having raised $350 million in venture capital, was not going to make it as an independent entity.
Seriously? GitHub could have easily gone out for more VC. They could have IPOed. "Not going to make it as an independent entity" is so far detached from reality, what was he thinking when writing that?
What it also has is a potentially fatal weakness: no platform with user-based leverage.
Sorry, what? Windows still has > 90% market share on desktop. If that isn't "user-based leverage" I don't know what is.
This, by the way, is precisely why Microsoft is the best possible acquirer for GitHub, a company that, having raised $350 million in venture capital, was not going to make it as an independent entity.
Seriously? GitHub could have easily gone out for more VC. They could have IPOed. "Not going to make it as an independent entity" is so far detached from reality, what was he thinking when writing that?