Re:SpaceX FCC Application for over 4000 Internet Satellites
by schiffern on Thursday November 17, 2016 @07:44AM
(#12976925)
>Lesson: never ever make a decision for business <b> because you also own business <a>
Shouldn't the lesson be, "don't allow any singular company to become a single point of failure?"
Re:SpaceX FCC Application for over 4000 Internet Satellites
by phkahler on Thursday November 17, 2016 @09:16AM
(#12977592)
> Shouldn't the lesson be, "don't allow any singular company to become a single point of failure?"
Yes, but that requires more detailed analysis.
Re:SpaceX FCC Application for over 4000 Internet Satellites
by sqeaky on Thursday November 17, 2016 @12:12PM
(#12979260)
It is a better lesson though. Plenty of small to medium businesses fail when their main supplier or something goes under. For a small restaurant this could be as simple as making sure that you have two sources of that special berry (or whatever) you put in your signature dish.
The other: vast networks of companies all dependent on each other. When any one of them gets in trouble, it all comes falling down like a house of cards. And the chance of none of them getting into trouble? (1 - 0.<failure rate>)^<# of businesses>. That gets very small, very fast.
Lesson: never ever make a decision for business <b> because you also own business <a>. Too many people going from millionaire status to personal bancrupcy, at just about the moment where they're too old to start fresh, yet too young to coast.