| That's one example. Here are a few others... Bezos wasn't in retail. He also wasn't in compute hardware. Reed Hastings wasn't in entertainment and crushed it. Jeff Katzenberg was, and Quibi was a disaster. Ken Griffin was a punk kid in harvard, never worked in finance. Jim Simmons was a math professor, didn't work in finance. AirBnb guys weren't in real estate or tourism or whatever bucket you want that to be. Larry & Sergey knew zero about advertising. Zuckerberg too. The incumbents have been destroyed with some frequency by outsiders who take a different approach. It's almost impossible to tell in advance if understanding a domain is an asset or a liability. |