Earlier quoted context omitted.
The Silicon Valley playbook for the last few decades has just been to acquire monopolies and then exploit them. That’s illegal of course but we stopped enforcing those laws somewhere in the early 2000s so here we are.
And this is the continued path to "enshittification" we're on through the continued growth forever. Companies aren't buying products, they're buying customers. I worked for PAN back in the days where the sentiment, directly from Nir Zuk (founder), was: innovators dilemma. There's a relatively recent article [0] on the early days that does a nice job of laying out how that was a core tenant of how PAN operated. At the…
In-N-Out has a huge footprint in DFW btw. I agree with you on their commitment to quality but as I understand it their growth is slow because they don't take outside investment or loans and they need enough capital to open a regional footprint of stores because they do their own distribution.