4 ms·
Huh, kind of weird to think about the holding company still being the same corporation and that it was created from the merger of a bunch of old-timey manufactu
by nocoiner 3y ago
Huh, kind of weird to think about the holding company still being the same corporation and that it was created from the merger of a bunch of old-timey manufacturing companies. That’s a lot of history!
I wonder if Berkshire Hathaway-the-corporate-entity has all kinds of weird historical liabilities from whatever horrible environmental practices early 20th century textile mills engaged in.
- paxys 3y agoThere was a period of time not too long ago when every big tech company fancied itself as being a "holding company" (Alphabet being the most prominent example). They thought that just like Berkshire their original function would be forgotten as all other bets around it bore fruit and expanded exponentially. That strategy didn't quite work out for any of them. Turns out creating and sustaining one successful company is a miracle, let alone a dozen.