INNOVATION PARTY - EDITION 8
NETFLIX INNOVATION, INCREMENTAL VS DISRUPTIVE?
When Apple approached Reed Hastings, the co-founder of Netflix, to buy it out for $50 million when it was only a DVD rental company, many would be happy to take the offer, but Reed Hastings, still the CEO today, believed in the incredible potential of DVDs and then, streaming. And now, over two decades later, Netflix has become a household name and completely changed the standards of what TV means. The harsh competition is here for the limited subscribers. What’s next for Netflix?
META, AN IRREVERSIBLE CURSE FOR FACEBOOK? LESSONS FROM THE PAST
Mark Zuckerberg himself believes in Metaverse so much so that he named his one and only company Facebook as Meta. There is no solid product and even the Oculus goggle is off the reach of 90% of the Facebook users with its price tag. So, can Facebook create the Web 3.0 experience and make us wear goggles every day for 4 hours as that is the number of hours we use Zuckiverse? There are a number of reasons why that doesn’t stand a chance.
Boxabl. The Sustainable $50k Home Elon Musk Lives. Invest While Still Early
Boxabl as its name suggests is a boxed-up home that already lives as a large company with a 80,000 ft2 factory footprint and $106 million investment without any products in the market. So, how come a company with no product becomes a billion $ company right off the bat? The answer is easy: proof-of-concept (prototype) and a clear action plan.
Other Highlights
Samsung to Invest $200 billion in Austin for chip manufacturing in the next 10 years.
Solar Panel Recycling is becoming a significant business.
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