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OTOH megacorps rarely "innovate" from within, they're too bureaucratic and management stakes are too high for fast risk-taking. What they usually do is to buy o
by eecc 5y ago
OTOH megacorps rarely "innovate" from within, they're too bureaucratic and management stakes are too high for fast risk-taking. What they usually do is to buy out smaller entities that have somewhat proven the concept and pretend they're geniuses for having found a truffle.
- j_wtf_all_taken 5y agoAlso they have no reason to innovate if they got a monopoly. Sometimes they buy that small innovative company and then that nice idea somehow just dies ... maybe cause it'd hurt their business model?
- imtringued 5y agoSolar city was basically a series of acquisitions. It ended up being bailed out through the Tesla acquisition but once Musk bailed out his own Solar city stock/bonds he gutted the Tesla Energy (Solar City rebrand) branch and basically pretended that it never existed in the first place. The solar roof was just some hyped up product to get the acquisition through.
- j_wtf_all_taken 5y ago> The solar roof was just some hyped up product ... Musk style. Still not sure if all the hype is worth the results.