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It doesn't matter whether you are Intel or Exxon, any public company has to exit businesses which are not profitable enough. And when it comes to losing money,
by rhelz 4y ago
It doesn't matter whether you are Intel or Exxon, any public company has to exit businesses which are not profitable enough. And when it comes to losing money, failing fast is typically better than failing slow.
- abfan1127 4y agothe issue with this perspective is if people think Intel won't commit to a long term strategy, no one buys in and it dies quickly. Ecosystems take a long time to build momentum. Intel, along with any other cash-cow business plan company, kills ventures before they have time to mature because they don't cash out soon enough.