Here's a quick take: the game has fundamentally shifted. The best companies follow one of two paths—they either scale up quietly and drop a surprise IPO, or they get snapped up by the mega-cap tech players. We're talking 850 acquisitions absorbed by those seven giants alone. What does this mean? The mid-size space has basically become a graveyard for underperformers from large enterprises trying to shed bloated divisions, not a breeding ground for the next generation of unicorns. The real upside? By holding positions in the Mag 7 ecosystem, you're essentially getting exposure to this acquisition pipeline—a steady flow of innovation assets being funneled into their infrastructure. It's less about picking winners and more about owning the gatekeepers.