More like legacy auto’s days are numbered.
It is very very very hard to survive a technology paradigm shift in an industry. Could probably count on one hand the number of typewriter companies that survived to today as PC manufacturers. I think IBM was the last, when Lenovo sold to a Chinese company.
When I worked at Walmart corporate, I tried to build some momentum around competing with prime circa 2007, by using every store as a distribution hub and by virtue of bein 15 minutes away from 95% of Americans, offer a 2 hr guarenteed delivery.
Now they are trying to do that, but it’s 15 years too late.
In the US, real estate.
There is a 10 year backlog of underconstruction. And now a 5 year backlog of “I’m not buying until the market stops being so crazy” followed by “I’m not buying until rates come down”.
There are so many people waiting on the sidelines to buy, and to sell.
Or OP plus a partner can each borrow $5m towards the same business.