These large troubled incumbents seems to have infinite lives to linger on towards a slow death path destroying value in their journey. Like Boeing, why does intel hangs around taking up space, opportunities, resources, one failed attempt after another failed attempt instead of making space for newer ideas, organizations? at this point is so clear these public companies are just milking the moat their predecessors built around them and the good will (or is it naive will) of their new investors who continue to pour money buying out the ones jumping ship
> Gil was a nice guy, but he had a saying. He said, 'Apple is like a ship with a hole in the bottom, leaking water, and my job is to get the ship pointed in the right direction.'
