This is a prescription for a complete lack of focus. For an article that theorizes that execution takes a second seat to riding an S curve, there's not a lot of

This is a prescription for a complete lack of focus. For an article that theorizes that execution takes a second seat to riding an S curve, there's not a lot of focus on acquisitions that aim at another S curve. Instead, it focuses on a somewhat odd competitive advantage - antitrust - and considers scattering bets all over mostly on the basis of demographics. $10T is treated like a target which is naturally good. But so many acquisitions would be financed in significant part by stock swaps, so all you're doing is getting to the $10T by agglomeration rather than growth. It's a fun business strategy essay but I didn't find a compelling strategy and the sustainable competitive "advantage" is odd, because it only empowers agglomeration instead of growth and actual competition. Needs more focus on why the agglomeration would be more efficient.