@patio11 Hey Patrick, Japan question: Anecdotally, it seems like most big Japanese brands are actually conglomerates with drastically diverse product lines. Does this check out?
I think that describes conglomerates generally (e.g. Disney, Dell, and Doritos all have extremely diverse product lines), but the interesting thing about BigCo Japan from the US perspective is that firms have diverse ecosystems around them in a way that US companies don't.
-
-
For example, I get my life insurance from Sony. Why do I get my life insurance from Sony? Because Sony woke up one morning with 100k+ healthy employees and said "This is silly; why are we leaking so much margin when we could just be our own risk pool."
-
And then, after they had built an insurance company as a fun side project (as one does, when one is a Japanese megacorp), well it is just *silly* not to sell its products to the rest of the world.
- 13 more replies
New conversation -
-
-
What do you mean by ecosystems? Interested to hear more
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.