What about IBM? Founded in 1911, $13B profit in 2018. Most successful company in several online business sectors. What about Nokia? Founded originally in 1865

What about IBM? Founded in 1911, $13B profit in 2018. Most successful company in several online business sectors. What about Nokia? Founded originally in 1865 as a paper mill, re-invented itself multiple times in countless different industries, before becoming the leading mobile phone manufacturer in 1990s and 2000s. They did eventually indeed succumb to their failure to evolve, but a more competent management post 2006 would have likely saved the company.