There are a lot of monopolies buying up small businesses every single day. Shervin Pishevar, an investor responsible for helping a number of tech startups get off the ground, sent out dozens of tweets in February. Many of the tweets had to do with the monopolies that seem to be taking over the United States.
As Shervin Pishevar points out, the last major monopoly in the United States was Ma Bell. When it finally broke up, it’s what was best for the economy. It gave consumers a choice again.
One of the reasons why monopolies are continuing to grow in the US is because of silent assassinations.
What is a silent assassination?
A silent assassination is a merger or acquisition that happens. A monopoly buys up a small startup that has new technology. It is what allows the monopoly to both grow stronger and to avoid any kind of competition that may have arisen from the startup.
Shervin Pishevar warns that it is the silent assassinations that may prevent the US from seeing another successful startup on the same level as Uber or Airbnb for at least a decade.
Examples of Silent Assassinations
Amazon offers a perfect example of silent assassinations. There are a number of companies that it has acquired in the past year, many of which the average person has no idea about. This includes such ones as Whole Foods Market, Zappos.com, Goodreads, Imdb.com, Kiva Systems (Amazon Robotics), and Audible.com.
Being able to see all of the companies that Amazon owns and how many more it targets on a monthly basis is shocking. It’s also a great way to understand just how much power they really do have in today’s marketplace. It’s no wonder why so many businesses are closing down.
Reading the 50 tweets that Shervin Pishevar sent out over Twitter can be eye-opening to see what his predictions are with the US economy.