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Corporate Teenage Wasteland (with Aswath Damodaran)

Stay Tuned with Preet

00:00

The Life Cycle Theory of Companies

A startup is like a baby, needs constant care and attention. When you're at the peak of your life, Google and Facebook five years ago, everything you touch turns to gold. As you get old, you find that the things you used to do 20 years ago no longer working. The truth is, aging is inexorable. It's going to happen to everybody. And when companies fight it, they cost their investors in a sense billions of dollars.

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