Acquire Quote by James Surowiecki
“The history of the Internet is, in part, a series of opportunities missed: the major record labels let Apple take over the digital-music business; Blockbuster refused to buy Netflix for a mere fifty million dollars; Excite turned down the chance to acquire Google for less than a million dollars.”
About This Quote
Source Book: The Wisdom of Crowds, 2004
Repeated missed opportunities illustrate how established firms often fail to recognize disruptive innovations.
In simple terms: Big companies miss big chances.
Key Takeaway
Stay vigilant for emerging trends.
Themes
business
innovation
missed opportunities
Mood
analytical
reflective
Type
business analysis
historical case study
When to use this quote
- investment decisions
- entrepreneurial strategy
- corporate learning
Key Concepts
disruption
strategic foresight
market dynamics
Questions to Reflect On
- What signs indicate an emerging threat?
- How can firms foster a culture of openness?
A Different Perspective
Overconfidence can blind leaders to change.
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)
