Nicolas Petit @competitionprof.bsky.social · 13/01/2025Even Reid Hoffman, not typically a big tech fan, recently emphasized this point in a viral video. He highlighted the abundant opportunities for both small players (Davids) and large corporations (Goliaths) in the digital age. 6/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Next, comparing the market capitalization of Gilded Age trusts like Standard Oil and U.S. Steel to modern platforms like Google and Amazon presents challenges. 7/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Any meaningful comparison must account for historical context: Standard Oil and U.S. Steel operated in an era with less global capital and product markets than today. 8/N 110
