Business Symbiosis vs. Natural Selection
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Definitions of ’symbiosis’ (simbe-osis, -bi-) - The American Heritage® Dictionary
1. symbiosis (n.) A close, prolonged association between two or more different organisms of different species that may, but does not necessarily, benefit each member.
2. symbiosis (n.) A relationship of mutual benefit or dependence
Why don’t we see this more often in the business world?
Companies could benefit greatly by cooperating with one another, especially when it comes to early stage startups where life span is short and resources are limited. Instead, natural selection brings many of these early stage companies to extinction.
Some examples for “Mix and Match” come to mind:
I might be naive - business Symbiosis happens a lot through biz dev initiatives and M&A deals - but you don’t have to agree with me. When it comes to web start ups, millions of VC dollars are spent trying to get a little slice of a pie and re-inventing the wheel, rather than thinking out of the box to combine forces for the benefit of both the companies and the users.
Special thanks to internet entrepreneur Elizabeth Katz for planting the seeds for this post.
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