After going through a couple of my peers’ blogs, I stumbled upon this blog written by Paul titled ” The Largest Investment Bank went Bankrupt“. In this blog, Paul discusses the collapse of the Lehman Brothers. I think Paul made a really valid point in his blog, which is that even the largest of firms are still vulnerable to bankruptcy. This point goes hand in hand with our topic in class, which is that only through continuously innovation can firms thrive and succeed in this era of transient advantage. One thing I believe could have been better explained was the source for the statistics provided in the post, for he mentions that unemployment went up from 5% to 10% and by providing a source he would have made his argument a lot more convincing and credible.
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