August 15, 2022
The Corporate Lifespan
Richard Cronin
Founded in 1600 and ended in 1833, the East India Trading Company at one point was the most powerful monopoly in the world.
The Hudson Bay Company was founded in 1670 and has long ago passed its heyday, although it continues as a high end retailer.
My former employer, E.I. DuPont de Nemours, was founded in 1802 and essentially ceased in 2017 with the merger/demerger with Dow. The DuPont name lurches on with a sorry collection of "green energy†crap.
These large commercial enterprises pretty much lasted a little over 200 years.
The U.S. Constitution was ratified in 1788. A little over 200 years ago. So this is how it ends ? Just another commercial enterprise turning out the lights.
Founded in 1600 and ended in 1833, the East India Trading Company at one point was the most powerful monopoly in the world.
The Hudson Bay Company was founded in 1670 and has long ago passed its heyday, although it continues as a high end retailer.
My former employer, E.I. DuPont de Nemours, was founded in 1802 and essentially ceased in 2017 with the merger/demerger with Dow. The DuPont name lurches on with a sorry collection of "green energy†crap.
These large commercial enterprises pretty much lasted a little over 200 years.
The U.S. Constitution was ratified in 1788. A little over 200 years ago. So this is how it ends ? Just another commercial enterprise turning out the lights.
Posted by: Timothy Birdnow at
10:15 AM
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1
Let's hope the Constitution survives!
Posted by: Dana Mathewson at August 15, 2022 09:15 PM (rDOKo)
2
It's looking less and less likely Dana. Most people don't know what it says and don't really care. That will only get worse as time goes by.
Posted by: Timothy Birdnow at August 16, 2022 07:30 AM (cFHEi)
3
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