Nearly all the companies our grandparents admired have disappeared.
Of the top 25 industrial corporations in the United States in 1900,
only two remained on that list at the start of the 1960s. And of the
top 25 companies on the Fortune 500 in 1961, only six remain there
today.
Text of an advertisement by IBM in the New York Times, June 16, 2011, page A16,
and posted online as "How does an organization outlive its founder?"
on June 16, 2011 by martykelly, IBMSmartCamp.
https://ibmsmartcamp.wordpress.com/2011/06/16/how-does-an-organization-outlive-its-founder/