Comment on Full Stack StartupsparentComments−edj12yThis is one of the older stories in business.Right. This strategy can be traced back at least as far as Andrew Carnegie in the 19th Century.[1]1: https://en.wikipedia.org/wiki/Vertically_integrated−maxerickson12yI think my favorite example is Ford investing in rubber plantations.−plumeria12yInteresting factoid.−maxerickson12yI looked it up later to see how correct my memory was and the thing I didn't recall was that it was a massive failure.
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This is one of the older stories in business.
Right. This strategy can be traced back at least as far as Andrew Carnegie in the 19th Century.[1]
1: https://en.wikipedia.org/wiki/Vertically_integrated
I think my favorite example is Ford investing in rubber plantations.
Interesting factoid.
I looked it up later to see how correct my memory was and the thing I didn't recall was that it was a massive failure.