原推:Heard a story about a traditional media CEO who obsessively watched his daily stock price to judge corporate strategic success.
The automotive companies forestalled obviously necessary commitments to EVs for half a decade due to the markets prolonged disbelief in Tesla https://t.co/m4rJ38cy57
Marc Andreessen wisdom: The minute tech stocks get hit, some big cos think innovation pressure is off.
One of the reasons Amazon took off is traditional retailers, after 2000, said, ‘thank God we don’t have to worry about this e-commerce thing now.’ And they just left the field.