alt Hacker NewsIf all successful new tech companies are absorbed into existing dominant tech companies, that would in fact be consolidation.
If all successful new tech companies are absorbed into existing dominant tech companies, that would in fact be consolidation.
This is one of those completely factual statements that is not factually complete.
Obviously not all (tech) companies will prove to be successful.
Although, if we define success as “was acquired, investors / founders came out financial better off” then both absorbed and successful can be true while consolidation never was a concern.