Here is exhibit A on a company that has exhausted its strategy but is compelled by the nature of Capital to seek additional growth. I remember seeing many years

Here is exhibit A on a company that has exhausted its strategy but is compelled by the nature of Capital to seek additional growth. I remember seeing many years ago an anecdote of Steve Jobs telling Drew Houston to sell to Apple because Dropbox was just a feature, not a company (it was connoting that Jobs was wrong about that). Although Drew was right not to sell at that time it looks like Jobs was also right.