Comment by antonb2011

Good read. This coincides with my own impression after reading HN for a while. I suppose the problem of "Feature, Not a Company" sets in for any maturing market. But aside from "plumbing" start-ups discussed on HN (like Heroku, Phpfog or Parse), I rarely see anything that would be viable as a long term stand-alone business, as many of our business-side colleagues would also assert via "Porter's Five Forces"-type analysis. So I guess now it's all about making a quick lottery ticket type start-up and trying to get acquired. That's why you need VCs, 'cause they can negotiate a much higher price for your little company that you can.