2 ms·
This kind of relative comparison is the correct analysis. Companies with 100B+ market cap don't die away. They just fail to continue to innovate and stay relev
by nine_zeros 2y ago
This kind of relative comparison is the correct analysis.
Companies with 100B+ market cap don't die away. They just fail to continue to innovate and stay relevant - thus robbing their shareholders of even more returns.
This is why companies like sears were considered failures despite lasting for 100 years. Somewhere along the line they lost the plot and forgot how to stay relevant.