Post by Deleted on Mar 12, 2014 22:12:52 GMT -5
"Sure. That's why Apple Computers was driven out of business by IBM and Microsoft."
LOL. You do know that Apple's share of the computer is tiny, right? These days they makes their money selling cellphones and MP3 players, not home computers. In fact, Apple was near bankrupcy several times in its history. The last time that happened, they hired Steve Jobs back, remember?
IBM/Microsoft dominance of the 1990s computer market is actually a pretty good demonstration of my point, though. Thanks for making the case for me.
"That's also why a tiny startup company like Amazon had no chance against the huge Barnes and Noble Bookstore chain. "
Have you ever seen an Amazon bookstore anywhere in the US? If you have, you're probably the first person ever, because Amazon has no bookstores. They didn't need a "chance" because they weren't competing with Barnes and Noble.
And Jeff Bezos was a highly successful Wall Street banker and vice president of Bankers Trust before he founded Amazon, and he drew a huge amount of capital, enough so they could absorb not turning a profit for a full four years.
"And why Mike Dell who started his computer business in his dorm room couldn't succeed against IBM and Hewlett Packard."
What are you talking about? Dell isn't even in the same market as IBM. They don't produce their own PC components, they assemble readymade PCs. Their competition were PC hobbyists, not PC manufacturers. In fact, they are widely credited with popularizing the IBM Standard PC.
"Or why a startup like Netflix had no chance against Blockbuster Video with its large chain of stores."
Same thing as Amazon above. They didn't compete in the same market, the market for video stores just collapsed.
"Oh wait. They all did succeed, didn't they?"
Yes. Note how they succeeded because they had a lot of foreign capital, and entered a market where they had none or negligible competition.
What are the chances of people entering the PC manufacturing market, or the automobile market, or the oil business these days? How likely do you think somebody with no capital and no clear advantage in assets or insider information is to succeed in these fields?
Do you think you could open a bookstore tomorrow and be successful with it?
LOL. You do know that Apple's share of the computer is tiny, right? These days they makes their money selling cellphones and MP3 players, not home computers. In fact, Apple was near bankrupcy several times in its history. The last time that happened, they hired Steve Jobs back, remember?
IBM/Microsoft dominance of the 1990s computer market is actually a pretty good demonstration of my point, though. Thanks for making the case for me.
"That's also why a tiny startup company like Amazon had no chance against the huge Barnes and Noble Bookstore chain. "
Have you ever seen an Amazon bookstore anywhere in the US? If you have, you're probably the first person ever, because Amazon has no bookstores. They didn't need a "chance" because they weren't competing with Barnes and Noble.
And Jeff Bezos was a highly successful Wall Street banker and vice president of Bankers Trust before he founded Amazon, and he drew a huge amount of capital, enough so they could absorb not turning a profit for a full four years.
"And why Mike Dell who started his computer business in his dorm room couldn't succeed against IBM and Hewlett Packard."
What are you talking about? Dell isn't even in the same market as IBM. They don't produce their own PC components, they assemble readymade PCs. Their competition were PC hobbyists, not PC manufacturers. In fact, they are widely credited with popularizing the IBM Standard PC.
"Or why a startup like Netflix had no chance against Blockbuster Video with its large chain of stores."
Same thing as Amazon above. They didn't compete in the same market, the market for video stores just collapsed.
"Oh wait. They all did succeed, didn't they?"
Yes. Note how they succeeded because they had a lot of foreign capital, and entered a market where they had none or negligible competition.
What are the chances of people entering the PC manufacturing market, or the automobile market, or the oil business these days? How likely do you think somebody with no capital and no clear advantage in assets or insider information is to succeed in these fields?
Do you think you could open a bookstore tomorrow and be successful with it?