No Company Is Too Big To Fail
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- Опубликовано: 30 июн 2024
- Have Companies & The US Government Pay You!
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People often despise the largest companies in the world as they have so much influence and dominance over the market. They’re often able to launch overpriced products and get away with a lack of innovation. While it may seem like these companies are unstoppable and that they’ll never fall, the truth is that all companies eventually fall. There is no such thing as too big to fail. After all, bailouts can only sustain a dying company for so long. But, how do companies with massive monopolies over the market eventually die without a trace? Well, the answer to this question is multiple fold. First of all, the size of the company itself becomes a hindrance as the company starts to shift from economies of scale to pains of scale. Additionally, as these companies approach the natural limits of their industries, they’re often forced to put profits over innovation until they eventually enter a race to the bottom. This video explains the top reasons big companies fail and why no company is too big to fail.
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Timestamps:
0:00 - Too Big To Fail
1:38 - Pains Of Scale
4:33 - Profit Over Innovation
7:09 - A Race To The Bottom
9:35 - 30 Years
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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The term "too big to fail" never meant that a company was unbeatable or couldn't collapse. It was always meant as "We can't allow this to fail because it's too important to the economy".
true
Yeah this is what I came here to say
good point. if google went bust next week there would be chaos... Than other companies would realize a lot of their properties are now up for grabs and there would be a huge trade off.
Exactly. The term came out of the bailing out of banks in the 2008 crisis. Logically Answered needs to do his research before teaching stuff out of context.
@@wangshiyao It's an honest mistake, don't crucify him lmao.
The big companies that tend to fail are those that neglect product over time,, forgetting what made them big in the first place. The MBA, marketing, administrative type eventually drive the companies direction and all the product people get driven out.
Yeah we need them fancy PhD papers
... You see a new tech in your market place your company should grap it ..not do what Kodak did and try to buy the competition and end up as a shell
Kodak invented the first digital camera in the 70's & released the first consumer digital camera in the 90's.
Psychopaths takes over the leading roles.
Basically, what Jeff meant is that you can't use the same business model for 30 years. I find it impressive that the same business model can last for 40 years.
There are still some telegram companies that are still operational.
How long has WB been in the movie making business? /s
@@Thelango99 Western Union was founded in 1851.
"..largest companies are left with MBS businessmen who are generally more interested in progressing themselves than progressing the company." SPOT ON!
I'm surprised this channel hasn't blown up yet, been here since before 20k subscribers and still really high quality content.
Thank you so much Raahul! I really appreciate your support!
It’s slowly blowing up. Been here since 3K
This is basically educational and people really just go on RUclips for entertainment. But he’ll get to 1 milli eventually since he comes out with informative and pretty entertaining educational videos. A lot of people blowing up has a lot to do with chance/luck. But hard work always pays off
@@LogicallyAnswered I can assure you the algorithm will reward this channel very shortly.
You’ve proven engaging watch times on interesting topics, the longer/more consistent this last, the more it boosts you to be recommended to other watchers. Keep it up, just a matter of time now :)
Hello brother from another mother
I think a outliar to this general trend is Coca-Cola, it is a company managed to have a brand loyalty at extreme amounts; and it’s not like there aren’t better options, in fact when a blind taste was done the majority preferred Pepsi and/or other colas.
Good point! They've definitely innovated, especially when it comes to offering lower/no calorie drinks or lower/no sugar drinks as people have become more aware of what they are consuming and potential health affects. If they stuck to just high sugar drinks, they would still be around, but not have nearly the profits/success that they do today
*When blind tests are using small servings
100th Like 👍 Here.
It's that delicious cocaine 😤😤
you say that, but when I order coke at restaurants and they bring pepsi, It's blatantly obvious I didn't get coke. This by all means is a blind taste test, so I need to question that tests validity.
I used to think bailouts were dumb until I went to metro Detroit and saw hundreds of businesses all reliant on the big three. The entire ecosystem in that area is fully reliant on the OEMs staying in business.
Wow they really need some diversification. Like all the investing guys say, diversity your portfolio to avoid such risks.
@@shastasilverchairsg what should they diversify into?
I recall back in the early 2000's when Amazon only sold books. Look at the level of innovation from the company since that time in introducing 100's of product categories, Prime next day delivery and Amazon Video. Over the same period many of their competitors either closed down or moved out of the online space. Amazon has made very few missteps - the Fire phone being perhaps the most well known one. Although Amazon is a very big company it is very agile and if that continues I predict that it will be successful for many years to come.
One company that I think that can never fail is blackrock and vanguard. If these companies where to fail the world would fail with it
Some cheap as s etf can crush them, if people get better alternative, they will move cash in seconds
Citadel…👀
Not if you have an alternative to replace them.
True, their true job is owning everything, they don't really have customers.
@@hrushikeshgangane9803 difficult someone can surpass them in scale, defi can become a threat to
I think you're misunderstanding the term "too big to fail." Something isn't too big to fail as a direct result of it's size, but rather as a result of it's importance to other entities, which will bail it out because of their own interests.
Yeah, I get that. I believe that a company can only be bailed out for so long until they collapse.
Lets say my company uses MS Office stuff, and is happy to pay a shit ton of money to use it. Now MS is filing for bankruptcy, and start to charge every customer company 10% mire. Sure my company will accept those 10% more, until the switch to a different Office suite internally is complete, but after that, my company couldn’t care less abt MS.
@@LogicallyAnswered government will just foot the bill to citizens like always.
Interesting!
i think what you're saying is bail-in
Perhaps the most vivid recent example of “too big to fail” is the bailout of Wall Street banks and other financial institutions during the global financial crisis.
Yep, that’s true. But with that being said many of those companies never really recovered. Lehman brothers completely went under while Citi Group stock is still down 90%
is not gonna solve the underlyng problems is just gonna delay it and make them worse
@@hawoaliahmed6996 Got you 💯
@@LogicallyAnswered How do we reduce the risk of cascades in the financial system?
@@KatlegoMasego A: Peg the currency to something real, like gold ?
Truth is their is maximum point to which a company grows followed by few years of stagnation and then downfall comes this is how capitalism works. Well you covered this topic quite well. But even after failing these companies leave their footprint in history that never disappears. You actually explained this topic based on facts and more of philosophical point of view.
Thank you Shivendra!
what about european car companies, been a 100 years most are still in business
@@combustionberg3303 those companies had multiple mergers to avoid bankruptcy
@@goldendemise3165 exactly
@@goldendemise3165 There are a few notable exceptions, like Coca Cola, Sony and Nintendo
It is true that no company is too big to fail, but what makes Microsoft and Apple special and will not go bankrupt anytime soon is both of these companies provide some of the daily basic needs to the people and because of that they create new things and make older things better.
Yes, it is very true that the time when these companies will stop thinking about innovation and will prioritise on profits they will go bankrupt for sure.
only new things, they didn't make elder things better
IMO too big to collapse would be a more accurate saying since a slow decline will allow competitors to replace them without major disruptions to the markets. For example a collapse of Sears a few decades ago would have left many small communities without any retailers, at least temporarily, but since they declined slowly other brands were able to fill their roles. If a company like Lehman Brothers would have declined over years or even decades it probably wouldn't have taken the financial system with it.
Ah yeah, very true
Some examples of "failed" companies in this video are quite strange. I understand they are not leaders anymore, but far from failures. And the video associates brand value as one of the main metrics about success and this is a little limited in scope. There are several incredibly strong companies dominating entire sectors almost unknown from the public because general brand value is not important to their respective business. All in all, it is true: companies come and go.
Fair enough
IBM is definitely a failure though, complete fuckups.
Ok, Blockbuster, Is that better?
Also good to remember there's a recursive pattern: The 'strong companies' 'unknown [to] the public' still have clients and stakeholders, it's just that their clients are a smaller wealthier sub-set of the public. So quality control and brand value are still critical metrics for them too. If they start to under perform and fail their wealthy corporate clients they'll still risk dissolution.
LEHMAN BROTHERS
One of the great mysteries of the world is how this channel doesn't have at least 1 million subs.
One day bro 🙏
Sears went from building the tallest tower in the world to bankruptcy in less than 50 years. That fact is crazy to me because I always think of companies as a way to preserve ones legacy but even companies and countries eventually fall
Just FYI, generally the name on a building has nothing to do with who owns it. The name is based on who rents the largest number of floors. Sears got it's name on the building for so long because it rented the largest amount of space in the building. While the owner likely signed Sears to a deal in order to establish funding for the building, they likely did not participate in funding of the construction.
This video pointed out so many facts (problems) that current big companies are facing. Management judge everything in dollar cents contribution from staff performance review instead of the benefit of company as a whole.
Hi Hari. Please make a video on the World Economic Forum. It's is backed by many of the companies you've already made videos on, such as; BlackRock, Apple, Google, Meta, Bridgewater Associates, etc. They control the companies that control everything.
There's very little known about them and not many videos on the subject but they're HUGE. I'm pretty sure that if you make a detailed video on the subject, it will go viral.
Thank you so much for the suggestion man, I’ll look into it!
@@LogicallyAnswered take care to wear the tinfoil hat
@@LogicallyAnswered Appreciate you considering my suggestion. Love the videos
Dude he has to! These suckas google, amazon, fakebook, apple, mocrosoft are pocket change compared to blackrock and the other BIG WHIGS.
Great video. This is something I think about from time to time.
The largest companies who failed in recent decades are Pan Am , Blockbuster, and Toys R Us. Though the last one still exists in Canada which does happen from time to time.
Thanks man!
@@LogicallyAnswered your welcome. I look forward to seeing more vids in the future. :)
a company should never be too big to fail. governments and such should never bail them out. if you don't let something pass you can not have room for something better to take its place. that mentality would force a business to improve or step aside
There are some companies responsible for critical services. When they fail could turn out pretty painful for society.
If truly critical there could always be a company to replace them. Possibly do it better even
What a tremendous video.
Very well made and explained.
Incredible.
I enjoyed the whole thing, and am in total agreement.
What makes companies go bankrupt is the shareholders and CEOs of the company don't change their management style every couple years the more likely to go bankrupt because they're stuck in their old ways of business And they are very selfish and greedy for money so then meet the company go bankrupt
All companies eventually end up like that
The first corporation and largest company ever in history called the Dutch East India Company literally failed. After around 150 years of its existence it slowly suffered until becoming bankrupt 50 years later.
I feel like people don't want some of these companies to fail and great video Logic :]
No company should be too big to fail. Sadly our government is so beholden to banks and unions to let bad companies die out….
I like Amazon a lot. I love the convenience, but I will not deny that there is some moral issue with buying from a company that has a record of treating workers harshly and starting to destroy other industries.
Awesome video,haven't thought of it this way❤️❤️
Great content ma brotha! This is the kind of content I like consuming on RUclips.
This channel just make you think on other side of table. Incredible!
Thank you so much for putting out some quality, thought provoking content. I need to rethink my investments 😅
Thank you Karthik!
Your "profit over innovation" part is why academic research is vital to creating new markets beyond the time horizon of most businesses
I'm going to be interning with Wells Fargo this summer, so I was kind of sad to see that you mentioned Wells alongside those other, albeit slowly, dying companies. I'm going to do everything I can to bring passion and excitement back to the firm. I know I'm just one guy, but I want to lead that company back to its glory days!
Good luck bro! I would love to see some of these old companies be rejuvenated!
Thanks for your optimism.
Tata Group was founded in 1868 and is still India's largest conglomerate by market cap and TCS has second highest market cap in India which is also owned by Tata
Too much and too many to learn from this single video. Well done team
Remember when too big to fail described company's that had been around for 100 years? Now a company exists for 20 and people call them immovable monopoly's,
Hahaha true, technology is fast
The competition is what drives the companies. Load of these mentioned big companies have left almost 0 innovation. They are on that point where smaller but much more innovative companies just could take over their market. Unfortunately these big players just swallow all these small ones and call it to innovation... Sure, one moment they miss the point and lose everything.
Probably the first domino of these large tech companies will be Facebook/meta. We have already seen top talent leave Facebook and it is being replaced by others such are Snapchat
True, and they’re a social media company too which makes it even easier for customers to leave them than the other FAANG companies.
Love this channel! Never stop posting❤️☝️
There are a lot of big corporations that are over 100 years old. But they are kind of in the background making insane money. Like Edison's General Electric, or Rockefeller's Standard oil (it got broken up by government, but the parts are still around and force us to pay high fuel prices) and a lot of car makers are very old and most of Japan's big corporations are freaking old too.
very insighful video
this gives hope to many entreprenuers and sure next decade is gonna be very exciting from geo politics to business and innovation
Tesla has one of the largest market caps, and is relatively new, but I believe they will have a longer than normal life as long as the continue to innovate after Musk is gone. While Musk runs the company, it will never peter out. He keeps adding new product lines that have very high market caps. And they continuously innovate the current products. It's a unique company.
Musk's goal is to send humans to Mars. He's playing a different game from the usual capitalistic stock-price-maximisation thing.
Samsung will be for a long time because of the amount of stuff they produce, plus Samsung is already really old and still innovates. It will be sad to see these huge companies fall down one day.
Smartphone innovation peaked when they introduced a second camera.
Sure my iPhone has a million features, but I only use 5 or 6 of them.
It depends on how many people would become unemployed - and, more importanyly, how loud their voice is of them, supporters, and political clout.
It's pretty cool that Google seems to get this in 2022
really ? do they ? from the outside it seems they are only involved in scandal after scandal with some bullshit like social justice, aka bad work ethics...
"Too big to fail" also has sentimental value. People groan about bailouts all the time because we're subsidizing a bad business, but we seldom hear about the jobs kept. If a large company like Apple or Amazon were to bankrupt and dissolve, what would happen to the livelihoods of hundreds of thousands of their employees? Other than leadership and highly technical roles, a lot of people would simply be displaced and it's not like we'll personally help them secure jobs.
This gets even scarier when we look at things from an industry POV. I think this is why so many politicians feed into the military complex. Aside from the glaringly massive hurdle of having to explain why you're for defunding state security and world peace, you'd be facing immense backlash from constituents that work in the defense, both private and public. I don't have skin thick enough for this. I don't think anyone does; thus, our military budget.
Then why, instead of bailing them out the government doesn't, dunno, nationalize them temporarily and assignes independent administrators (like when they file for bankruptcy). When the company can stand on its legs again, it is given back to the shareholders. In the meantime, no sweet money for them (especially when considering that a lot of companies just pocket the bailout and give their executives huge bonuses while firing a ton of people)
The average lifespan of S&P 500 companies in 1965 was 32.2. The average lifespan of S&P 500 companies in 2022 is 19.9 [Statista]
I think this only applies to companies that do not put innovatoon first. Comapnies that continuously innovate could be safe. Thats my opinion.
Unfortunately, I think most companies eventually end up with leadership that doesn’t focus on innovation
I believe there are two ways of achieving innovation and stay innovative as a comapny.
1. Keep pivoting and adding new lines of business. For example, Apple started with Macintosh -> focused their strength on design/print/animation-related tools -> Mobile/App-based services -> Tablet -> cool peripherals like Airpods, Apple Watch, etc.
2. Keep acquiring quality businesses and allocate resources to right places at the right time. For example, Warren Buffett's company, Berkshire Hathaway, started as a cotton mill. Then, it was acquired by Warren Buffet and really took off under Mr. Buffett's management, not as a manufacturing company but as a parent company of many others. It bought See's Candies(Candy Manufacturer/Distributor) in 1972 -> GEICO(Auto/Home Insurance) in 1996 -> Benjamin Moore & Co.(Paint) in 2000 -> Shaw Industries(Carpets and Flooring) in 2001 -> General Re(Re-Insurance) in 2003. All these companies are just money printing businesses by continuing innovation(improvement) in their fields.
I personally think Amazon will be eventually disrupted by others or even by itself due to the logistics/e-commerce industry being able to innovate only so much. It will face a deadend sooner or later. However, AWS will enjoy its peak for another 30 or so years because the CLOUD industry is still a blue ocean and has plenty room for innovation.
@@sf-spark129 I agree👏👏👏
I always thought the too big to fail thing was BS your video proves that.
Weird that Athlean X was thrown in there with the inside guys
Hello,Hari.Great content as usual.
Thank you Abdirahman!
Rockefeller Standard Oil Company didn't fail,
They split up the company under extreme pressure into companies like shell and chevron and others which are extremely successful and as successful as they were when they weren't split up so no it's not true that no company is too big to fail, the standard oil company was founded in 1870, it's still successful and market dominant even after 150 years and splitting up
Great channel
I doubt Amazon will fail anytime soon. Is it impossible? No, nothing is. But from observation, even those who HATE Amazon still use it because it's so dang convenient, got good deals, and it's efficient. I really don't see another company being able to offer everything to the same level with extra bonuses anytime soon. Or else I'd use it. It's as you said, I'm not loyal to the company, it's the product.
Could you make a video about Simens? It is the most durable company i know of (it has been founded in 1847). I think they have been around for that long is because they always cut out the „old“ parts of their company … f.e. in 2020 they cut out Simens Energy AG and 2 years later we have a energy crisis. I would love to hear your opinion about that, love your vids by the way :)
Thank you for the suggestion Louis!
This is the best channel on stocks. Kudos.
amazing video
The difference though is how the big companies impact people. How consumers spend their money makes a difference! As consumers we need to take more responsibilities on the companies we support. That's asking a lot but in the end we will all benefit from it.
The one thing I learn on this video is that you have innovate to order to live in the society.Sad face considering how much technology advance without people knowing it or pay attention to and faster than ever.
I can binge on this content for days!
Glad to hear that Furn!
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I propose a new law, any company that receives a bail out from the government must also be broken up into smaller companies.
The overpriced acquisitions and massive buybacks will kill alot of these companies.
I lived through the early 2000. Plenty of businesses are too big to fail. They used the government to force it.
This channel is cool!
* proceeds to subscribe *
5:53 - 🤣🤣 Pleasantly suprised seeing this NikTek meme
was waiting for this video about how to ground legacy.
this is all the companies that won't fail in my opinion. TSMC and black rock this companies are so important that if they fail, the world will fail with them you got a new subs
This was a very good video!
Thank you SnaY!
@@LogicallyAnswered have you read psychology of money?
Humans, Corporations, Civilizations and even Countries have a lifespan. I love the quote by G. Michael Hopf which basically describes life for all beings.
*Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.*
Very interesting video. Everything has a lifecycle. Ourselves, companies, civilizations and even the universe. Entropy is unavailable.
The thing with modern company's that lots of people miss is the interconnectivity behind the scenes . For example Apple did not go bankrupt because Microsoft bailed them out. Now the two companies are interlinked and if one goes down the other most likely will too.
If your company is really “too big to fail” in the sense that the government will bail you out if you fail, we should instead consider your company to be “too big to succeed” and force you to break your company up to increase competition. Sure, you may sacrifice some economies of scale but it is likely that you are also much less nimble and have a lot less innovation,and a lot more internal rent-seeking behavior, hidden x-inefficiencies, or even diseconomies of scale. Ultimately, the horrific moral hazard that is created by our eventual bailouts swamps any relatively small gains from efficiencies of scale.
I have had my Huawei phone 6 years now, still works good, battery is not as good as new but works fine!
Nobody better tell this guy about AWS.
It might force him to hire somebody to do research. And then he would have to scale. Which would cause him to fail. Which would be a good idea.
Big companies(monopolies) like Amazon don't die... they just changed leadership(bezos has stepped down) and get bailed out or both (GM). In this day and age of social media a established brand is to important to throw away. It just simply changes ownership/leadership but never dies... that is the power of the social media era (2010+)...gamestop is a great example of people not wanting a brand to die where as investors wanted gamestop to go the way of block buster... the gamestop brand was to powerful and now investors realize that some brands will never die but just be forced to adapt... thats the power of branding in a nutshell
Lmao this cat just said Gamestop wont fail when its basically a trading fad. Please don’t go around saying this to people.
GS is unprofitable and does not warrant a bailout in the name of protecting America 😂
@@thegreat9481 short sellers thought the same thing as you that gamestop was a fad and retail investors proved them wrong....
@@bloodspartan300
Sir you know the difference between investing and gambling on price movement?
@@thegreat9481 gamestop is back weather you like it or not. And all investing is gambling whether you like it or not
@@bloodspartan300
You’re uneducated. Please stop talking as if you have real knowledge on the subject. It upsets those who do.
Under no circumstance is an unprofitable, dwindling, mismanaged company a viable investment because some retail investors want to “take it to the man” over the short term. Grow tf up and be quiet
A few big exceptions: Coca Cola, McDonalds. a lot of these companies rely on the fact that "nobody except for us makes the products", they fail when either a better alternative comes along, if they messed up their main products, or the society moves past the need for their products. these two are still going strong because nothing reminds me of my childhood like a good old big mac and a icy cup of coke(and that both of them diversified into a lot of fields)
Would love to see an analysis of the business of creative franchises like Harry Potter, Lord of the Rings etc.
It's not just scale the main thing in my opinion and many see it but most don't do anything about it. Pivoting to whats changing quickly, goes for many aspects but the biggest one I think is how people feel about the brand/company to buy from. Look at tesla no ads, word of mouth with things that hit people on a feel level in more one way, next is how elon is grabs attention for free.
Old auto brands as well dealerships want to keep doing things the old way and many still do and don't want to change regardless how well something works.
Taken years for brands to work with youtubers and some still don't want to they think a radio ad, tv ad, or a mag doing a write up still works and some think its a waste working with as they say silly youtubers. And lack content in some shape or forum that will hit people like tesla does. Look at brooks at drag times his youtube channel he made people want and went out and got a Mclaren 720s if they could and made a lot of people want the car way more then the brand ever did or any brand ever did only one close is tesla. Some brands are waking up but like saying still not even close. It's not just the marketing its the product as well, another example if lucid motors would have made the new car just little faster than the tesla plaid and made it in cool ways the word of mouth would sell better even for the slower models, other small things they could do but they say they have no interest in doing that. Being that way hurts brands in my opinion.
Another big example is redbull they take massive risk with big stunts, brands like people or coke say they would never do it even though redbull keeps proving it works. Thing is they keep having studies and people paid to figure this out and they still don't want to. Add on to it they spend more on things over all that don't bring back returns like the high risk stunts do. So the higher up older people that say yes or no are still stuck in the old ways and fight change. I remember many did not want or cared about energy drink category now it's getting to the point of the main driver.
As for amazon failing or something taking its spot like how they took many spots, question is what would or could even do that?
Do people go back to stores in person and stop having things shipped to them? Can't really think of anything given we can get just about everything delivered same/next day.
It's not like I can choose where my electricity comes from because of the monopolies in utilities where I live
The idea that engineers don't care about small details is definitely wrong. Engineers want to refine their creations to the most perfect point. I'm sure there are engineers who dream about the day they made the iPhone notch smaller, even if the majority of people don't care.
this is pog
Yes they can be!
It all depends on what leverage your company has in the economy (or rebuilding a new one).. the more leverage you have, the more the government will use/want to use to bail out the company.
Companies like Google aren't going anywhere.. Facebook, Apple, smaller companies can all be replaced fairly easy with a new company... it would take a long time to regain the assets and public info that Google/Amazon/FB/Amazon OWNS... it's their leverage 💫
That info prevents new companies from losing out to smaller ones because, whose gonna know the consumer best... the company that is constantly tracking/influencing their interests, or a new start up?
So yeah, bigger companies aren't going anywhere.... They just absorb the smaller ones, and take the credit for what they do (or they just outright merge).
The last time i bought an apple iphone (6) is back in 2010 and this was a USED iphone! So as for me, i decided ill never purchase an iphone new or used ever.
And life has been better since.
The 30 years comment makes no sense as many of the companies that are either gone or going away were all past this benchmark. Sears (1892) - 100+ years, JCPenny (1902) - 100+ years, Montgomery Ward (1872 to 2001) 129 years. Many other examples can be found. Heck there are computer game companies that are well past that 30 year mark - Electronic Arts is 40 years old for example. Kongo Gumi, still in business was started 578 CE - that is over 1,400 years old!
I can't get over his evil villain laugh, it's like he knows he's going to live forever, and he's laughing at all of us.
Interesting video
Some companies are still here after 100 even 1000 years but the are much smaller company. I think that some holding companies will be around for a 1000 years as long as we still buy and sell assets.
When it comes to Amazon, Google, Tesla, Apple, Microsoft the brands may still be big in 100 years but we would never have believed the way they did go.
If we look at GE, GM & companies like that they all has stayed inside the same type of industry and they don’t evolve the business plans.
As you say in this video if a company only wants to make a profit they will die. If they want to lead the revolution they will be successful.
I tell my staff spend 40% of your day to invent new ideas.
3:25 the infographics show probably doesn't spend too much on videos since it's all just re-used assets, ideling animations, etc and the volume of videos coming out per month kinda just proves that.
We should let all the company's fail in 2008 and if it happens again not bail a single one out give the money back to the people and rebuild this nation with massive infrastructure projects
Also, Amazon did change their business: Amazon Web Services. That’s how they make most of their money now, not by shipping packages.
When talking about Microsoft & Apple, it probably would have been a good idea to mention VALVE & Linux.
Remember sears... Give it time as another company find inovations. Then the cycle continues
There is though.
The bailing out of big banks considered too big to be allowed to fail.
While I agree every company will likely fall at some point, I would argue that’s more difficult nowadays, atleast when it comes to the tech sector. In the past, it was easy for companies to sneak up on one another and overtake a sector. However, with social media and how far the internet has come, I feel like any new innovation ideas will likely be made known to corporations like Apple and Microsoft. Not only that but they could work with or buy out any of the companies working on those new innovation ideas. It has happened before with apps like WhatsApp and Instagram. They were eventually bought by a bigger corporation.
I love this channel
The next step is diversification. If you have Amazon plus you also get the tv shows so who knows what's next with Amazon. Freed rides to space for every subscription maybe? Haha
Being assigned as Too big to fail means the government is taking on responsibility to ensure your continuation in case of economic or financial trouble. This is something assigned by the government usually because the failure of that business would be catastrophic for the government, the economy and the people.
Too Big to Fail is not something a company can just claim, or that people can just say about a big company that seems too successful to be beaten.
I suspect none of the companies you mention have the official Too Big to Fail designation because they are not government or economy critical. Just big
Too big to fail implies it cannot fail or else, not that it’s impossible.