Businesses that aren’t looking to the future

Netflix and Gamefly

Both are good companies. Both are worthless companies.

In the near future you will not have to rent movies or games on disks, so what will these two companies do? Offer downloadable titles? But how will they compete amongst the giants who will offer similar services? Amazon, Apple, Sony, etc.

Both Netflix and Gamefly will become worthless but nostalgic nonetheless. This is the company model that you want to avoid. Why would you ever think about short-term!?

Would we have Amazon, XM Radio, Microsoft, etc if they all thought about the short-term? No, I don’t think so…