Startups: Innovation Through Inferiority!

I know I write this too often, but I’ve been thinking exactly what this article puts into the right words. Disruption is all fine and dandy, but what does it really do for a society and especially the middle class?

What this means is that Silicon Valley venture-backed startup companies generally make worse, not better products. Their main advantage is that they are cheaper and therefore more accessible to the average person, which enables populist-sounding marketing. So Airbnb is cheaper but worse than a hotel; blogs are cheaper but worse than newspapers; user-generated content in general is free but worse than professionally produced content.

Startups: Innovation Through Inferiority!.

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