Creative Destruction Builds Prosperity As It Topples Big Companies

from from FEE on 2017-10-28 14:00 (#36B3C)

Fewer than 12% of the 1955 Fortune 500 companies were still on the list 62 years later in 2017. More than 88% of the companies from 1955 have either gone bankrupt, merged with (or were acquired by) another firm, or they still exist but have fallen from the top Fortune 500 companies.

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