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If you respond you're losing already. What you should be doing is innovating, running circles around other companies and make them respond to you by bleeding ca
by guard-of-terra 13y ago
If you respond you're losing already. What you should be doing is innovating, running circles around other companies and make them respond to you by bleeding cash.
Having cash is nice, but if you can invest in raw growth makes zero sense not to.
- true_religion 13y agoI don't think it is possible to be a "winning" company all the time. If that were so, then only a single winner would be dominating the entire industry.
- prostoalex 13y agoBy that logic any company with more than one acquisition is a failure. Build vs buy analysis still applies, and "running circles around" could get expensive, as at early stage it's difficult to tell which innovations will pan out and which will fail.