"The goal is no longer building a business but to be in the orbit of
these tech giants. Or to put it another way, to win the lottery."
"it used to be that someone struggled for years to build a company before
it went public. Sure, some companies were sold when they were at an
early stage with little, or even no, revenue, but that strategy reaped
tens of millions of dollars, not billions."
"The competition to stay on top has led the tech conglomerates to drive valuations sky high as they battle for start-ups."
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