Motorola was an example of the adage "never invest in a company that has a museum to itself."
(The Galvin Center has since been demolished, replaced by a Top Golf. There's drone footage on Youtube of various stages of the demolition.)
(The Galvin Center has since been demolished, replaced by a Top Golf. There's drone footage on Youtube of various stages of the demolition.)
“We build new things, we create entirely new product segments, but when markets start to mature we sell the division to someone who knows how to run that kind of business.”
They failed to do that with CPUs and then they failed to do that with mobile phones. And it pretty much killed the company.
That museum. So much stuff from one single company. It was incredible - for the first 80 years.