In short, your present leaders are cannibalizing your future. If a startup is raising money today, one of the first questions they’ll be asked is, “What’s your exit strategy?” Specifically, that means, “Whom among Google, Facebook and a few other companies will acquire you?” A few tech giants are dictating which problems founders want to work on, and how we’ll solve them.
The result? You haven’t produced a new firm that has cracked the world’s top 200 since Facebook’s founding in 2003.
Put as much attention into finding founders as you do deal flow.
Create conditions for the little guy to thrive.
Recognize that business and society are together — not in separate worlds.
Author: Arsames Qajar
Dear Silicon Valley: America’s fallen out of love with you