4 ms·
> Any company that happened to invest creatively in tech during that era became unfathomably wealthy. Except countless companies did - many went out of busines
by monkeyelite 1y ago
> Any company that happened to invest creatively in tech during that era became unfathomably wealthy.
Except countless companies did - many went out of business, and few became Googles.
The historical context is essential but there are so many factors that set them apart.
- mmx1 1y agoIndeed countless companies went under investing in tech, on various iterations of the exact things that later became enormously successful, e.g. iPhone. Success is only guaranteed in retrospect.
- chuckadams 1y ago"The early bird gets the worm, but the second mouse gets the cheese."
- monkeyelite 1y agoIt’s more than money - you need people making the right technology and product decisions. For smartphones that was clearly the case - not that apple just dumped in more money.