What a world it will be where one-by-one the things that make Google Google are slowly picked off, not by startups, but by other hungrier and ever-expanding firms.
There are no sacred cows.
I repeat, there are no sacred cows.
I am waiting for the day when we will have Amzn Mail, Amzn Phones (I think they already tried this), some type of social media shopping clone hybrid thing that takes on Insta. And for the final nail in the coffin, Amzn Search.
What's shocking is that these companies are the ones with the capital to hire the best and the brightest (alongside say GS and other IBs as well as MBB etc., say what you will, but the folks that work there are actually smart even though they're not engineers). What does this say about future prospects for growth and share prices?
In any case, it's becoming more and more apparent, that no matter how big and bad you are, there's someone as big or as threatening that can come and eat your pie.
There are no sacred cows.
I repeat, there are no sacred cows.
I am waiting for the day when we will have Amzn Mail, Amzn Phones (I think they already tried this), some type of social media shopping clone hybrid thing that takes on Insta. And for the final nail in the coffin, Amzn Search.
What's shocking is that these companies are the ones with the capital to hire the best and the brightest (alongside say GS and other IBs as well as MBB etc., say what you will, but the folks that work there are actually smart even though they're not engineers). What does this say about future prospects for growth and share prices?
In any case, it's becoming more and more apparent, that no matter how big and bad you are, there's someone as big or as threatening that can come and eat your pie.