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The problem for JP Morgan is that they're in this position in the first place. If they have so little value to offer as a company that they must rely on nepoti
by awt 13y ago
The problem for JP Morgan is that they're in this position in the first place. If they have so little value to offer as a company that they must rely on nepotism then they are ultimately doomed one way or another.
- auctiontheory 13y agoWrong-o. At that level (or any level) of business, it's all about the relationship. You buy from the person you know and trust. That's true in the US, and even more so in China.
- awt 13y agoTrue but boring. And not a defense against a company with a truly innovative product. If you have something people really want you should have to make fewer compromises.