238 karma · joined January 15, 2019
Albeit the blackberry story against iPhone doesn't really fit this bill, the "incumbent" got put out of business pretty quickly
Wonder if someone can throw light on to why this isn't effective.
P.S Wish the next iteration allows for multi touch!
To put it differently, causation is tricky to prove, presence of something causing an effect is quite different than absence of something causing it.
But I also believe in butterfly effect, the levers a CEO holds on a company have 1000X multiplier effect than a normal employee, and any change of leader means an Amazon with a market cap of 3T vs 3B. Thats is not to say a 3B company doesn't have a flywheel and won't make consistent profit. I look at the likes of eBay, Newegg all were non B&M and still couldn't grow to anywhere near the size.
In the end, it could have been Joe Pizza that was at the helm of Amazon that succeeded to 3T market cap, same argument can be made that replacing Joe Pizza wouldn't have lead to the similar result. All the pieces (luck, personalities, vision, skills etc...), of the puzzle have to match just right for such a large scale success.
Disclaimer: I do not belong to the class being referred to.
If we wait to act until the eventual result is in our face, then we are no different than animals that try to outrun a flood, if so then what is the purpose being self aware? Freedom eh?
I'm interested in knowing your perspective on how one should approach achieving these goals.
When saying no to ideas like this, we should at the same time attempt to also share our thoughts on what would be an acceptable alternative solution.