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Berkshire Hathaway the textile company died more than pivoted. The kind of change that Berkshire Hathaway went through is fairly well used tool in finance. Eve
by manquer 4y ago
Berkshire Hathaway the textile company died more than pivoted.
The kind of change that Berkshire Hathaway went through is fairly well used tool in finance. Every SPAC does the kind of the same for example, asset stripping and selling in parts or becoming a holding company is natural way for companies in late stage to die.[1]
Alphabet becoming a holding company is perhaps closer to a pivot for holding and operating companies than Berkshire
[1] A recent example would be Altaba that was created from the remnants of Yahoo.