Once a company dominates, it stops innovating
Quote
think about Blackberry, and Blackberry get there get get, they went from a market domination standpoint, to virtually bankrupt within just two or three years after the iPhone came out.
Episode 93: Motion of Positivity (episode page, opens in a new tab) 00:27:32 (play audio from this timestamp, opens in a new tab)
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Summary
Dave builds on the Microsoft example. A company innovates only enough to dominate, then flattens out. BlackBerry went from market domination to near-bankruptcy within a few years of the iPhone. At a certain scale, the plan stops being a niche and becomes just 'dominate'.
Also said
Episode 93: Motion of Positivity (episode page, opens in a new tab) 00:47:22 (play audio from this timestamp, opens in a new tab)
Everybody has a plan, except when you get to a certain scale, like Mike was talking about in the Silicon Valley model. There's no plan anymore, the plan is just dominate, make as much money as possible and get the heck out of
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