Adobe’s $1.2 Billion Gamble: How to Survive the Cash Dip When Pivoting to Subscription
How do you survive the cash dip when your business model shifts overnight?The Corporate Autopsy, Vol. III: Adobe Last week, we discussed the folly of managing creative assets like they were fixed costs. This week, we examine the ultimate act of strategic financial courage: cannibalising a billion-pound revenue stream for the sake of long-term survival….
