Subsidies and bailouts cannot compensate for uncertain or permanently diminished market access.
Starting in the 1970s, American cars started to lose market share to foreign cars. It was clear what was happening - these better-made foreign car companies were encroaching on the U.S., and the U.S. car makers had less than half of their own country's market.
We are in a downhill slide, the likes of which we have never seen in our business. And the Japs are in the wings ready to eat us up alive.
The annals of business are filled with stories of companies that thought they had it made and could milk their enterprises without having to bother about improving their products or services. It's amazing how fast they found their markets disappearing.
There is a ban on Indian films in Pakistan, so that's half of our market gone.
Newspaper companies are losing advertisers, readers, market value, and, in some cases, their sense of mission at a pace that would have been barely imaginable just four years ago.
Our premise is that inclusion leads to growth. So for those who are locked out, they lose development, and those who are in power lose market and growth.
When you start losing market share, it's really tough to gain it back; you need the product portfolio and presence in many markets.
For WhatsApp to become a privacy-oriented service, it has to risk losing entire markets and clashing with authorities in their home country.
Gap has always been about color, and we let a lot of competitors take that space from us.
