369 -Why 90% of Giants Disappear and What That Means for You
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Of the original Fortune 500 list in 1955, only about 49–60 companies are still on the list today, depending on how you count mergers and breakups. That’s roughly 10%–12% survival over ~70 years. Put differently, almost 90% of the biggest companies in America in 1955 are no longer there as standalone Fortune 500 companies today. The churn has actually sped up.
• More than half of the Fortune 500 companies from the year 2000 are already gone by the mid-2020s, acquired, merged, went private, shrank, or died.
• That’s 25 years, not 50. On this week's Business Acquisition Podcast, I'll share my thoughts how you can best avoid being on that losing side of the statistics. I'll also give you a challenge! It's all in this week's podcast, so if you think you're ready for some hard truths, give it a listen! To Your Success, Bruce Whipple https://brucewhipple.com/
• More than half of the Fortune 500 companies from the year 2000 are already gone by the mid-2020s, acquired, merged, went private, shrank, or died.
• That’s 25 years, not 50. On this week's Business Acquisition Podcast, I'll share my thoughts how you can best avoid being on that losing side of the statistics. I'll also give you a challenge! It's all in this week's podcast, so if you think you're ready for some hard truths, give it a listen! To Your Success, Bruce Whipple https://brucewhipple.com/
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