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It's an extrapolation of current trends. It appears that the lifespan of Fortune 500 companies is falling, and we've lost most of the ones from the past century
by village-idiot 10y ago
It's an extrapolation of current trends. It appears that the lifespan of Fortune 500 companies is falling, and we've lost most of the ones from the past century or so.
- leereeves 10y agoSeems like an extreme extrapolation. I found this page listing Fortune 500 companies that failed from Dec 2000 to Jan 2012: http://traderhabits.com/86-of-the1955-fortune-500-have-failed/ http://traderhabits.com/86-of-the1955-fortune-500-have-faile... I don't know how accurate that is, but it lists 24 failures (about 5% of the Fortune 500), of which one company (Hostess) is listed twice, and at least two (American Airlines and GM) are still around.