Monday, May 16, 2011

Startups stand to gain

Microsoft buys Skype for 8.5 billion, 3 times of its market price.. it surely goes to say, the kind of impact small startups have. EBay also had bought Skype couple of years back and weren't sure as to what to do, never the less in all these transactions it was Skype which clearly won.

Start ups which get taken over for huge fortunes, gives individuals/startups a hope to keep perusing what they love, to innovate. Like minded people, leaving aside their qualifications, ego and house address, bring in ideas, which get implemented in short time, thus getting on the wave at the right time. While the big companies can't, as they aren't agile due to their rigid hierarchy and process, in spite of having the right skill and funds. Just that small and big firms come with their own plus and minus, forces the big firms to keep a close watch on small ones.

Not all startups end up with big names, and they continue doing what they enjoy. Either way startups stand to gain.