5 ms·

This is a warning for any big company. Ignore the new stuff, and you will end up paying. Microsoft were fortunate to have lots of other revenue streams, Nokia a

This is a warning for any big company. Ignore the new stuff, and you will end up paying. Microsoft were fortunate to have lots of other revenue streams, Nokia and BB were not. That is why you see Facebook so eager to buy new competing companies before they get huge, they know a lot of young people are not moving to facebook, so they want are going where the new kids are going.

protomok 10y ago
+1 It seems few big companies are able to maintain a culture of continuously trying to reinvent themselves and find the next big thing. In addition to buying the next big thing (effective but requires $$$) I think intentionally trying to disrupt/reinvent your own products before your competition does is a great way to not miss the next big thing.