The names of the outfits are: A, B, C, D, E, F, G, H .....
Besides the obvous names, some of which you mention, there has to be hundreds of them. We just don't know about them. Most of them are never going to generate one penny of revenue, and most of us will never hear about them. But there are some out there, and if you do not want to accept that, we, you have less insightfulness into business matters than I ever suspected. There are outfits being put together by a handfull of people with little money or contacts. There are other outfits that are better financed and/or have better contacts. There are outfits who have money from angel investors; outfits that are the product of other outfits pooling resources together; there are outfits which are wholey owned by bigger outfits, etc., etc., etc.. And most of these outfits are not even publicly traded, and you or I have any way to know anything about them. And if you do not think that they are catching up, well, think again.
Let me give you some example in other areas of business:
PMSC was a wholey owned subsidiary of another company. They developed software. Was spinned off around 1980, and hit the big stride around 86/87. It doesn't exist anymore. The competition that was miles away destroyed them. And they had a going business concern.
Intuit was created almost ten years afte Peachtree, and, although the later still exists, it is less than 1/100 the sizes. However, there was one small outfit out of Columbia, SC that had developed a very good product in 81/82, but they just never got off the ground except for selling a few hundred copies of their software.
What became of the Altavistas, etc.? They all took a backseat to Google. Just look at how littered with failures the ranks of the techs are!
A few years ago investor in MOBL were claiming that it had an incredible advantage over everybody on Wifi. They really had the wireless internet under its fingers. But all of the sudden dozen of players come out of the woodwork. Plus, people did not readily change providers.
I could mention others, but this should be enough. If you are convinced by now, you never will.
AI
