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Originally Posted by Phanuthier
Side tangent that has nothing to do with the topic, but renewable, biotech and online has actually changed the market. Look at how companies like Tesla are challenging the industry. Android apps companies startup cost are so low they dominate VC/angel so there are no hardware companies entering the market (the last successful one was Marvel like a decade a go) that even successful RF companies who are in 2nd round of funding are still seeing their funding cut. Not to mention the IPO babies of Zynga, et al have cause a housing spike of 50%.
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For me the interesting part of the impact these companies has had is on the culture of the businesses that serve them, namely law firms and banks. These companies don't think the same way as the old guard clients, they approach things very differently and they expect that from the people they work with. Obviously there's less room for flexibility in law and finance, but it's been interesting to see firms position themselves to react to a changing market.