During the press conference announcing the sale, a quote attributed to Stephen Elop became a haunting image in the global business world: "We didn't do anything wrong, but somehow, we lost." "We didn't do anything wrong, but somehow, we failed." The painful part of this quote is: It's... True! Change or be eliminated? In the age of technology, there is no such thing as "stability." You only have two choices: either reinvent yourself, or wait for competitors to come and wipe you out. If a startup lacks speed and focus, it will die before it even has a chance to survive.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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