3 ms·

>It's not sustainable for a company that doesn't intend to stay in business for more than a generation So 95% of corporations?

• paganel 8y ago
  Google and Amazon are already more than 20-years old, Facebook is approaching 15, I guess, while Apple and MS are 40-ish. And these are technology corporations that are supposed to have a shorter shelf-life compared to big companies active in other areas of the economy. So corporations/big companies are here mostly to stay, and as such they have a fiduciary duty to their shareholders that their consumer base doesn't physically disappear from under them in another 20 years.
  • x220 8y ago
    >Google and Amazon ..., Apple and Amazon Those are outliers and are not useful to talk about when discussing the economy as a whole.
    • kelnos 8y ago
      It's a bit disingenuous to toss out a hand-wavy 95% statistic and then similarly hand-wave away rebuttals.