This post is not about the potential Microsoft/Yahoo merger.
Instead, let's just assume for the moment that Microsoft succeeds in its bid for Yahoo.
What would a Microsoft/Yahoo merger mean for startups in Silicon Valley?
Says Bill Burnham, for example: "By swallowing up Yahoo, Microsoft will be removing one of the biggest and most active acquirors of start-ups in Silicon Valley... [making] M&A less competitive in general and [reducing] the # of potential exits... [which is] bad news for Internet [startups] and their VC backers anyway you look at it."
I respectfully disagree;… Read more