Ellison: Too Many Software Companies

Oracle’s Larry Ellison helpfully points out in an interview that there are too many software companies. He doesn’t say which ones he’s thinking about, but I can guess:

For years Oracle wasn’t acquisitive. What changed?
The industry. It’s in a phase of consolidation. Silicon Valley’s fantasy is that it’s forever young, which is just gibberish. It’s really quite astonishing how inefficient and how off-scale software companies are. Every idea does not justify the creation of a company. So there are far too many software companies, and they are going to disappear in fairly short order.


  1. Ellision knows what he is doing. At least his riches proves it.