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.

Comments

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