Originally Posted by merlinextraligh

Capital flows to its highest and best use. Time was dying, but had some valuable intellectual property. So instead of what was good about Time just dying, SRAM is putting capital into it. If SRAM had a monopoly position and was using it to kill viable competitors, your Apple etc analogy could have some traction. However, that doesn’t appear to be the case. SRAM while powerful,is hardly dominant, and there are constant new small inventors entering the market.

And a free market system that allows people to steer their labor and money in a way they see fit, and reap the benefits of their success is responsible for all the cool bike stuff we have.

Simple example, Quarq. They invested tons of labor and capital to develop a power meter that was affordable compared to an SRM. Without a capitalist system that gave them the freedom and incentive to risk their sweat and treasure, we wouldn’t have affordable power meters. Of course they sold to SRAM, but the incentive to be able to cash out and see a return was part of what motivated the investment from which we all benefit