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by karma_vaccum123
3569 days ago
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Last I checked the average corporate lifespan in the US is 25 years, so these numbers don't seem abnormal to me. Indeed it is amazing that IBM is even still around. I find it more peculiar that people think companies "must" (or even should) have long-term survival as a goal. |
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note: There are of course many aspects that would make this a bit of a difficult thing to study, mergers and acquisitions being just one for instance, and at least for small businesses, "birth" and especially "death" dates are incredibly hard to pin down. But still something I've been interested in for a while.