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Wouldn’t this be equivalent to someone who inherited six figures in cash and failed to immediately use all of it to purchase Apple shares?
by raldi 6y ago
Wouldn’t this be equivalent to someone who inherited six figures in cash and failed to immediately use all of it to purchase Apple shares?
- tinco 6y agoThis is the opposite, the big companies closed their messaging platforms because they wanted to shed low performing departments and consolidate, instead of maintaining them and keep attempting to make them florish which would be a form of diversification.
- raldi 6y agoRight. And the analogy also fails because buying Apple shares is as easy as selling them; what makes the destruction of all the original IM platforms so dumb is that it's a one-way move. Once you shut one down, there's no Ctrl-Z.