Many companies are in a mild version of a Malthus/Schumpeter trap. They live on an essentially negotiated resource level that will go down year by year. They'v

Many companies are in a mild version of a Malthus/Schumpeter trap. They live on an essentially negotiated resource level that will go down year by year. They've managed to careen into a business model where the income stream is latched and ever so slightly declining. It's like they are an airplane on an engine-out landing. This happens A Lot. I won't say you don't want to work for them, but there's almost no chance of actually innovating or "selling" their way out of this trap. There are two ways out - acquisition and closing the doors.