Modern companies as specialized venture capital firms
Posted April 15, 2009 - 10:13 by Philip Brewer
In the old days, companies actually produced stuff. They invented it, designed it, made it, marketed it, and sold it. Although there are still some companies like that, they're a lot less common now. Many companies have shifted to an "asset light" model where they no longer own their own factories and equipment. Instead, they hire other companies to do most of the work. Understand how this works and you can turn it in your favor.
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