If we do the drill-down analysis, the companies fail because of ignorant employees. They think they are too smart and ignore the upcoming challenges.
Now I understand, Why Facebook took over What’s up at an extremely high valuation at that time? Because they didn’t want to become one more Orkut. Because there is no place of ignorance on Facebook. 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝗶𝘁 𝗶𝘀 𝗿𝘂𝗻 𝗯𝘆 𝗵𝗮𝗽𝗽𝘆 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀, 𝗻𝗼𝘁 𝗶𝗴𝗻𝗼𝗿𝗮𝗻𝘁 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀. Do a root cause analysis of all the successful companies […]Read More