Large exits provide returns for investors that subsidize all the failed startups.
If you cap the upside, you get less startups rather than more.
Taking away the ability of Facebook to buy Instagram means less funding for future Instagrams.
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Elizabeth Warren is drafting a bill that bans companies with over $40B in revenue from making acquisitions. This is proof she’s lost the thread. How does banning Best Buy, Disney, Proctor & Gamble, Home Depot, Target,etc from acquisitions help the country? forbes.com/sites/sergeikl
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