Exploring the Financial Lifecycle of a Cash-Cow Industry
In every generation there’s at least one event or one product which changes things around completely, making a few people extremely wealthy while spawning a lot of secondary markets which run parallel to whatever that major paradigm shift is. It happens in just about every area of our lives, from solving a problem which is associated with our basic needs to even something like entertainment. Major events, discoveries, inventions etc. such as oil, the VCR machine, the internet etc. are…