This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. A few months before he was awarded the Nobel Prize in economics in 2024, Daron Acemoglu published a paper that earned him few fans in Silicon Valley. Contrary to what Big Tech…
My business is profitable, stable and 25 years strong — but it has no transferable value. Here’s why some successful companies just aren’t built to sell and why that’s not always a problem.