Polaroid/Apple: No One Escapes Creative Destruction

Hundreds of companies are born every day. Most don’t survive the Darwinian struggle to attract customers, achieve profitably, and reach adolescence. The fittest claw their way to adulthood. Thankfully, this happens often enough to encourage entrepreneurs to leave the security of their jobs and gamble on starting something new. In exceptional cases, companies maintain their vigor into old age. But most, even among the dynamic, eventually grow senescent and die. . .

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