Max Zimmerman

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data show that the half-life of publicly traded companies in the United States is only about ten years. So in just fifty years (five half-lives) only (½)5 = 1/32 or about 3 percent are still posting sales. This begs the fascinating question as to whether the same general dynamics underlies the surprising commonality in the mortality of organisms, isotopes, and companies. We will return to speculate about this later.
Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life, in Organisms, Cities, Economies, and Companies
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