Every telecom company knows that their old way, i mean, basically, they made money for a long time as quas a monopolis by essentially saying, where are you going to go? Right? And i think they recognize the businessi shifting, its becoming more comparative. You can't keep throwing money at this and hope that something l happen. If you're gong to get on this hampster well, you need an exit rap. But if it be clear you're going to die, no matter what you do, i'm going to die.
In one of the most popular presentations from Pivot MIA, Professor Aswath Damodoran of NYU's Stern School of Business compares the life cycle of a company to the stages of life of an actual human being. It’s the structure he uses to understand why companies do what they do, and more importantly, to pinpoint “when companies do things they shouldn’t be doing.”
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