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Funny how we compare massive century old companies to a startup and they still fight to stay relevant.
by po1nt 5y ago
Funny how we compare massive century old companies to a startup and they still fight to stay relevant.
- zemvpferreira 5y agoOnly when the startup is preemptively considered the category winner and valued at multiples of the century-old companies (for some reason).
- _puk 5y agoIsn't that the whole point of encouraging competition? Companies get slower as they grow, more entrenched in doing what they already do. A young contender comes along and changes the market (pretty much overnight), and the old company has to adapt. I think it's great to see the massive old companies making the fight to stay relevant if they're not doing it through underhand means (lobbying for restrictive legislation etc). It's a win for the consumer. Infrastructure becomes commoditised, there are more options in the market, prices go down, things like build quality become selling points..