zlacker

I am not attached to any memories, I am remarking that a company that is currently 170~B market cap allowed a tiny upstart become a 460~B company when they had all the means and distribution to have stop them or outcompete them at many stages of the ascent.

Really, it is probably an inevitable and somewhat healthy feature of life and the business cycle, but it is also baffling to witness.

When I was at Amazon, I came away feeling that the gap between retail and Amazon was too large and the disruption was warranted. But in the case of Sony, it feels they were so much closer to the space that it feels like a much bigger own goal...