Earlier quoted context omitted.
Yep, the capital owning class just doesn't care if their businesses go into shock because they already have their cash in hand. They'll never go back to pre-ROE days because they'd have to live with less money and worse less control. While they still have personal reserves in the billions they can decide the fate of their ventures but if say 20% of their current cash was on the balance sheets of corporations with boa…
R&D in 20 small companies is less effective than in 3 big ones due to less diverse teams and more inefficient double spending, e.g. twenty $5M microscopes utilized at 15% versus three at 90%.
The whole point of the startup culture is that they can do things better than a large company.
And, quite often, they can. But not always.
A semiconductor plant, for example, is not a startup thing because the capital cost is so gigantic.
However, most fields are not that bad. Even bio equipment just isn't that expensive relative to the cost of the people to use that equipment.
The bigger problem, right now, is that investors don't want to fund anything which requires more than 18 months before flameout/unicorn. That blocks startups that have a 5+ year horizon.