Well, “BYE-BYE BDA” (sung to “Bye Bye Birdie”) and “Jasper”, (sung to “Casper the friendly ghost’) because of how they too have disappeared) and HELLO to “how long before there are no more Start-ups in EDA” sung to (you better not laugh, you better not cry).
So, how does the smaller guy compete or even more importantly, how does EDA build a more sustainable mid-tier bridge to offer reasonable alternatives to the Goliaths. By “alternatives”, I do not only mean as an exit strategy, but as a reasonable competitive alternative to just going to WALMART, (yes I said WALMART). Let’s face it folks, the world has shifted and we are in this ever-evolving big- company world environment in virtually every segment of business. Somehow, small companies need to learn how to better compete with the Big-Boys…in our case the Big 3, no names needed. Indeed it is difficult, because the current exit strategy (for most start-ups) is to sell out to these Big-Boys and so it happens, the big gobble the small, thus making it very difficult for all the rest to compete. Using the WALMART analogy…they come to a town and slowly cannibalize most of the businesses in the town. They do this by offering a really good price (quality does not always matter, nor does service) and making it easier to choose them for a variety of reasons, like one-stop shopping, more things that fit in your cart at one time, etc. Slowly the smaller mom and pops (now called Start-Ups) have a decision to make. Either join forces with someone a little bigger or close the doors. The “little bigger” is our answer. (more…)