I read an interesting article about the sudden move of Wall Street Quant Traders from banks to creating tech startups.
And when assessing long-term competition, it’s vital to look at the sudden moves of very skilled and intelligent people. A real-time insurance business model enables Tesla to build its own insurance arm, by dynamically adjusting the premiums, based on real-time driving behavior. Take another case, that of Amazon, which left everyone flabbergasted, when it showed its AWS numbers, in 2016:
Therefore, good businesses are often hidden and hard to predict, and when you realize it might be too late, the time window to catch up might be very, very tight! In this scenario, it's as important to look for both disincentives to keep working in an existing industry and incentives to join a new, developing industry.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: hackernoon - 🏆 532. / 51 Read more »