Andreessen’s Inflection Point: A Choice Between Chronic Pain & Acute Pain
At the 27 minute mark of Marc Andreessen’s interview on the Charlie Rose Show, he starts talking newspapers. He points out that investors have already baked in the demise of the print edition into the New York Time’s stock price. Wall Street has come to a conclusion the NYT’s executives haven’t. Call that Andreessen’s Inflection Point — the point at which an old company needs to change its business model; their future is self-evident to all but them.
I can see the non-fiction publishing houses getting to that place soon.
But it doesn’t need to end badly. Remember when Amazon stock was a Wall Street dog? Then along came Amazon web services. They invented a new business.
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