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Another way how this kind of company would likely fail to continually thrive in the US, even when it's not sold: those niche markets are so small that even when
by usrusr 7y ago
Another way how this kind of company would likely fail to continually thrive in the US, even when it's not sold: those niche markets are so small that even when completely dominated the profits would be insufficient to get date-in-Hollywood rich or groom-yourself-for-presidency rich. So if you have bigger ambitions than the niche allows you'd hand over the reins to a "maintenance manager" and focus on something more promising. Those small niche specialist businesses reach excellence through a loyalty to whatever field that made them big that is fueled by limits to ambition. (I think I already posted this idea on some other HN that)
(and the businesses tend to be filled with a weirdly self-contradicting mix of nationalistic hybris and massive imposter syndrome)