High-Class Problems

Courtesy of Mark Anderson comes a great quote from Adobe CEO Bruce Chizen:

“Oh, I love Google. Google is a big threat for Microsoft and distracts it from the rest of us. [Google] is simultaneously our heat shield and an important partner.” — quoted in the German financial weekly Euro am Sonntag.

Bruce is downplaying the fact that Adobe and MS are getting ready for a major battle first over file formats (PDF and Flash are just too big), then over the online designer community and the mobile presentation tier and, finally, over a generation of online applications.

The more successful a company becomes, the more people are gunning for its place. Richard Sarnoff, a leading Bertelsmann exec, commented along similar lines in a discussion this week that “all large companies experience margin pressure.” These are high-class problems to have. Unless your company becomes very successful, you’ll probably never experience them. If you do, it really helps to have some big, powerful friends with aligned interests.

About Simeon Simeonov

Entrepreneur. Investor. Trusted advisor.
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