« Ken Jennings | Main | Dodgeball »

Bacardi buys Grey Goose

Bacardi is buying Grey Goose for $2 billion (!). Wow. Wow. There's a lesson for us all here (other than we're in the wrong business). As the article states:

It's a classic case of a small company getting a temporary market advantage in the market and then selling out to a company with major market presence.

That's an idea that'll work in any industry.

Source: Bacardi buys Grey Goose

Posted by Eric on June 25, 2004 09:58 AM • • Microfeed

Comments

I TOLD you we should have made vodka instead of building FeedBurner! Nobody ever listens to me. $2 Billion. Wow indeed

Posted by: Dick Costolo | June 26, 2004 02:51 PM

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)