It says something that sony has the ability to fail like that and continue. Just like FB failed at the metaverse after doubling and tripling down about how it was the future of the company before it just kinda stopped talking about it.
Companies with this much cash can take risks and fail with little to no concequences, smaller companies cannot and thus often choose not compete or just HOPE that they get bought by one of these near monopolies.
Using caps doesn’t make this affirmation any more true.
While you’re correct that it does massively help, money is only a resource, which you can use to trade for a lot of things, but there are people, things and abstract concepts that money can’t buy.
Money buys recovery from failure, which is a double-edged sword. It doesn't buy the ability to learn the right lessons, and eventually the money teaches that failure doesn't really matter, because there's always another chance to get it right.
Which is why it is probably better to be just constrained enough financially that your first attempt really matters to your bottom line, but have enough to be able to pull it off.
It says something that sony has the ability to fail like that and continue. Just like FB failed at the metaverse after doubling and tripling down about how it was the future of the company before it just kinda stopped talking about it.
Companies with this much cash can take risks and fail with little to no concequences, smaller companies cannot and thus often choose not compete or just HOPE that they get bought by one of these near monopolies.