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Entrepreneurs are the heroes of the tech business -- they take the big risks and push for the big disruptions that move the entire industry forward. They create a hot job market for engineers, huge returns for investors, and concrete real-life improvements for the rest of us.

But that doesn't mean that big old companies like Google and Microsoft are losing their relevance, as Sarah Lacy at TechCrunch argued last week.

Some big companies have big problems, Microsoft and Cisco being two obvious examples. But the tech industry isn't a binary Cold War universe with old defensive companies looking over their Berlin Wall to a host of innovative startups on the other side.

 

To read the full, original article click on this link: In Defense Of The 800-Pound Gorillas

Author:Matt Rosoff