> the world changes so fast that the big incumbents usually get beaten by fast-moving and focused startups.
I'm not sure this is as true as founders hope. Yes, startups take the lead when change occurs. But then they also take on all the risk, fight it out with similar startups, and a few years later often get purchased by one of the old incumbents. And in those purchases, some specific founders get rich, but many others fail, and many devs work quite hard and don't end up where they thought they would.
At the same time, the big incumbents get to just sit back and let other people fight it out, then re-buy their market share in the future.
I'm not sure this is as true as founders hope. Yes, startups take the lead when change occurs. But then they also take on all the risk, fight it out with similar startups, and a few years later often get purchased by one of the old incumbents. And in those purchases, some specific founders get rich, but many others fail, and many devs work quite hard and don't end up where they thought they would.
At the same time, the big incumbents get to just sit back and let other people fight it out, then re-buy their market share in the future.