Dreamtalk: Why Cities Live and Companies Die
Dreamtalk: Why Cities Live and Companies Die
In this Dreamtalk Geoffrey West, a theoretical physicist-turned-biologist-turned-urbanization expert and former president of the Santa Fe Institute will talk about why cities are very robust and hard to kill but companies, like organisms, are relatively fragile. Geoffrey and his team analyzed about 30,000 publicly traded companies in the U.S. over the last 60 years and found that the average lifespan of a company already on the stock exchange is about 10 years. Very few last 100, 200, or 300 years and only an extremely few last 400 years. What is the difference? Why do cities live forever and companies don’t? Join Geoffrey and find out why