Recode Decode, hosted by Kara Swisher

Mark Lemley: Innovation in tech suffers when we focus on the "exit"

Stanford Law School professor Mark Lemley talks with Recode's Kara Swisher about Silicon Valley's obsession with startups getting an "exit" — usually an acquisition by one of the tech giants — and why that trend is suffocating innovation. Lemley explains the decline of IPOs and antitrust scrutiny in America, why today’s tech monopolies are especially hard…