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> And then the big company, having run out of market segments to expand into, dies rapidly. Happened to IBM in the early 90s [...] Um. IBM has a $230B market
by daeken 13y ago
> And then the big company, having run out of market segments to expand into, dies rapidly. Happened to IBM in the early 90s [...]
Um. IBM has a $230B market cap. Apple is at $400B, Google is at $300B. Is that really the example you want to give for a "disrupted" dead company?
- nostrademons 13y agoRead "Who Says Elephants Can't Dance", Lou Gerstner's firsthand account of IBM's historic turnaround. IBM was 3 months away from running out of cash when he got there in 1993. It survived largely because he bet the company on a pivot out of tech entirely (the IBM of today is a professional services company) and into a new market where they're not subject to the same Innovator's Dilemma forces. The same thing could happen at Microsoft, but it's unlikely with Ballmer (or any insider) still at the helm.