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A comment on The History of Sears Predicts Nearly Everything Amazon Is Doing (2017). Parent comment

Re:The History of Sears Predicts Nearly Everything Amazon Is... by bluGill on Tuesday October 16, 2018 @10:42AM (#18229739)
Which should have given sears extra help: they were a known and trusted entity that you could give your credit card to unlike that tiny fly-by-night startup bookstore Amazon.

They had everything needed to take advantage of the internet just a few years before: a trusted name, a large catalog, experience in online sales (progigy might have failed, but the experience would have been a big help), and a large distribution network.

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Re:The History of Sears Predicts Nearly Everything Amazon Is... by apatters on Wednesday October 17, 2018 @12:00PM (#18240326)
I agree. After observing a few generations of these businesses you realize that their shareholders prioritize large, gradually declining revenue streams over new opportunities. That's totally fine and that's why the system needs to be very friendly to new business creation. We don't need Sears to innovate at a time when its shareholders want to retire. We need to give new innovators the space to do their thing.
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