4 ms·
Yes, large companies take a lot longer to fail than I ever imagined. A lot of time can pass riding on past excellence before the cracks start showing.
by FrustratedMonky 3y ago
Yes, large companies take a lot longer to fail than I ever imagined. A lot of time can pass riding on past excellence before the cracks start showing.
- Rinzler89 3y agoIt's not about the size of the company, it's about the barrier to entry of the market they're in, how much competition they have and the amount of vendor lock-in. And civil aviation in general scores top marks in all those fields. It's a duopoly with an insane barrier to entry both technical, legal and financial with very long and complex vendor lock-in.
- kelp 3y agoI wonder if this opens up an opportunity for Bombardier and Embraer to move up market into the 737s space.
- shiroiushi 3y agoExactly: look how fast the values of companies like MySpace and Yahoo tanked when they became irrelevant. They were highly valuable at some point, but they had serious competition and not much keeping their users locked-in.
- juancb 3y agoImagine how that scales and then how that might scale to nation states.
- _yb2s 3y agoYep… I wish it were possible to easily invest in the downfall of obviously poorly run companies coughSirius XMcough, but things like puts and shorts really only work if you know when it will fail, and that it will be very soon.