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I don’t know. MSFT and Apple have been around for 35+ years and still going strong. If well managed, large companies stick around for a long time. Can’t see
by ardit33 9y ago
I don’t know. MSFT and Apple have been around for 35+ years and still going strong.
If well managed, large companies stick around for a long time.
Can’t see why FB and GOOG won’t be around for at least another 30 years.
Sure, there is SUN, and Sillicon Graphics as an example, but they were badly managed and put all their eggs into one expensive basket and got disrupted.
The only way large companies become truly irrevelant is through:
1) Bad management
2) Ground shifting / seismic shift on the ecosystem or tech. (Think Kodak).
FB has been very proactive in acquiring new trendy companies and in retrospect Instagram’s acquisition was a genius move. (I remember how much talk was at the time at the 1b price for a company with no revenue).
Google has been proactive by doing active research, and amazon by doing all kinds of things.
Yahoo and Twitter are classically badly managed companies and while yahoo got sold to irrevelance, I think Twitter is the next one to be truly disrupted.
- tehlike 9y agoGoogle has recently diversified into many other sub-bets. How about FB? What are they diversifying in?
- zdw 9y ago> I don’t know. MSFT and Apple have been around for 35+ years and still going strong. Lots of survivorship bias in this - Most of their contemporaries such as Atari, Tandy, Commodore are all defunct, and the Unix hardware vendors that all became M&A targets.