They aren't as blunt as I am, but this is clearly what is going on—sacrificing their current core business because they never wanted to cannibalize it a little during the last ten years to have a smoother transition, maybe.
We always think that large corporations play 3D chess with their strategy. Often they play by ear, quarter after quarter until they have to push the panic button.
Working on long-term trends is obviously getting tricky since a few months ago, and I guess I don't have to explain why anymore. Whether some key events will have long-term negative or positive impacts, businesses and innovators need some level of stability to invest in the future. Knowing
How to protect your phone at the US border is now an ongoing trope of many tech blogs, travel websites, and consumer magazines. Beyond the quite obvious geopolitical implications, we see in real-time a core transformation of how the US deals with online and social media privacy (or lack thereof)
If you've been on any social media recently, you've probably been hit by one of these videos initially pushed through TikTok. The script is always the same: a Chinese manufacturer demonstrating how they carefully craft high-end luxury bags with imported leather, high skills, and very aggressive
A powerful statement from Warren Buffett, writing Berkshire Hathaway's annual letter last February: Sometimes I’ve made mistakes in assessing the future economics of a business I’ve purchased for Berkshire — each a case of capital allocation gone wrong. That happens with both judgments about marketable equities — we