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by rboyce 4699 days ago
"Amazon.com is not going to put bookstores out of business. Barnes & Noble is opening a new superstore every four days. Borders is opening a new superstore every nine days."

Well, that turned around pretty quickly. In 15 years Amazon went from "we aren't really competing with brick-and-mortar bookstores" to putting Borders out of business.

1 comments

I guess even Bezos didn't realize they're disrupting them, since the book on disruption - Innovator's Dilemma - was written a few years later (although Peter Drucker's "Innovation and Entrepreneurship" book had roughly the same concepts in it, and was written decades earlier).