Remember Blockbuster, the video rental chain that once boasted more than 9,000 outlets globally?
Or Kodak, the company that sold a billion rolls of film a year? Or Borders, Nokia, or BlackBerry?
How are the mighty fallen. They innovated and they dominated their markets, only to be left behind by advances in technology.
Now think about De Beers, which once sold nine out of10 diamonds globally. Today it’s about three.
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