Why didn’t Kodak create Instagram?

Intriguing question, Bits Blog! Following up on my previous post about how it’s nearly impossible for old media to compete with new, given their (so far justified) so-called baggage: According to a Kodak exec, “One reason that the company went out of business was that the revenue it was reaping from film sales acted like a blockade to any experimentation with new business models.”

Furthermore, hallelujah and amen:

“The challenge of creating something small and disruptive inside a large company is one that many face today.”

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