The family feud behind America's Covid test swab supply
bloomberg.com
bloomberg.com
I was a bit bemused by
"Noble says the dispute is a result of classic cousin rivalry. “If you do any research on businesses, when the third generation and cousins come along, that’s when a lot of the problems start,” he says. Studies show that 30% of family businesses survive through the second generation, but only 13% through the third."
Unless I'm misunderstanding the definitions here, that would seem to show that the third generation is identical (or better) in terms of risk of ruin?
I am not sure but I think the person meant that 30% of the companies make it from inception to the 2nd generation, but only 13% of the remaining 30% make it to the 3rd generation?
Nope. [1]
> Tom Hanks and wife Rita Wilson were infected with coronavirus before coming to Australia
[1] https://7news.com.au/entertainment/celebrity-gossip/tom-hank...
The Quandt family that owns BMW maintains a low profile and rarely intervenes while the Porsche-Piëch family had all sorts feuds resulting the disastrous takeover attempt by Porsche of VW.