Tech industry musing

I had some thoughts after reading on Steve job biography.

Go back to some history of the tech industry. Back then, IBM was the hero making Main frame computers. As it get bigger and richer, it also got sloppy, It was the first company that came out with Xerography but the management then could not recognise it potential  That idea was taken and use by a nobody which eventually became Xerox and IBM also became bankrupt in the 90s.

Xerox too also became bigger and richer.  Success too spoilt Xerox. They were also the first company that came out with some graphical interface which is an idea 5 years ahead of its time or something however their management failed to recognize its potential and cast it aside as some lousy project. However, its potential was not lost on Steve jobs and Bill gates which capitalise on the idea and when on to create what is known as the Window OS.And we also know what happen to Xerox eventually.

All these big companies were the intial guys to come out with the next best thing. but they fail to take risk, reinventing themselves, their status quo bias and had their best ideas snatch out right from their nose.

Good management is off paramount importance in a tech coy.

Well HP started off been an instrument company, turn into calculator company and than a computer,printers company.

Key things to take note when investing in tech coys, firstly to be able to detect industry shifts, secondly ensure that the management guys are not bozos.

Apple musing.

Steve jobs always believe in end to end control of the product. All the way from the design, make their own software, hardware and their own stores to deliver the products. The culture is to have the designers, engineers and marketeers collaborate together which is different from the rest of the other tech coys. It seems that this culture promote innovations and reduce bureaucracy.