When Netflix Became the Designated Survivor

Continuing today, the Netflix effect began in 1997 when it began the creative destruction that eliminated some companies and produced others.

Blockbuster’s Sunk Costs

When is it bad to be good at something? Blockbuster has the answer. As described by New Yorker columnist James Surowiecki, Toys ‘R Us, Barnes & Noble, and Blockbuster were known as “category killers” because they decimated their competition. They…