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They are scared and this is the motivator for their decisions. A company can't act like that, this will lead to a downward spiral. This is a common behavior of
by sek 15y ago
They are scared and this is the motivator for their decisions.
A company can't act like that, this will lead to a downward spiral.
This is a common behavior of companies who are over their peak.
There is a record of companies who tried to be everything for everyone and failed miserably.
- pork 15y agoStraw man, but nonetheless, care to substantiate with examples?
- sek 15y agoAOL is the best example and they are in the same market. IBM, Apple without Jobs and i think Microsoft's stock correlates also to these indicators. The economic theory behind this is very good explained in this TED talk: http://www.ted.com/talks/malcolm_gladwell_on_spaghetti_sauce.html http://www.ted.com/talks/malcolm_gladwell_on_spaghetti_sauce... There are a lot of other examples of companies on their peak, acted defensive and then failed. I would count GM as another popular example, but the ones above are better when you compare them to Facebook.