> Maybe I'm wrong but it feels a bit simpler than people being evil or malevolent. It's more like squeezing a juice out of a lemon: at first, it only requires l

> Maybe I'm wrong but it feels a bit simpler than people being evil or malevolent. It's more like squeezing a juice out of a lemon: at first, it only requires light pressure to get the juice, but as you want more and more juice, your grip must get increasingly tighter. It's like the idea of "pot odds" in poker: Boeing here wasn't just looking at the marginal return on investment, it was looking at the cost of essentially deprecating an entire line of aircraft. It would lose value from its entire "installed base" of customers, as competition from Airbus would become more viable. In economic terms, the marginal value of the investment was probably close to nil, but it protected profitable infra-marginal investments. Interestingly, this seems like a problem that large companies face far more often than startups, which is perhaps why conventional wisdom thinks the latter are far more 'agile'.