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March 31, 2012 05:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/__K7yddKNNA/
Is Technology A Zero-Sum Game?
In last weeks Get Rich or Die Trying article, I mentioned that tech is a zero-sum, winner takes all game. A reader objected, arguing: I think that may be an inappropriate use of the term zero-sum - one companys increase in profits (or revenue) does not mean a competitor must see declining profits (or revenue).History suggests that Jack Welchs philosophy that "a company should be #1 or #2 in a particular industry or else leave it completely" is even more applicable to the tech industry, where the top player can build a sustainable and ever-growing business but everyone else is practically better off getting out.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/__K7yddKNNA/
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