I agree. After observing a few generations of these businesses you realize that their shareholders prioritize large, gradually declining revenue streams over ne

I agree. After observing a few generations of these businesses you realize that their shareholders prioritize large, gradually declining revenue streams over new opportunities. That's totally fine and that's why the system needs to be very friendly to new business creation. We don't need Sears to innovate at a time when its shareholders want to retire. We need to give new innovators the space to do their thing.