A special episode in three parts: 1) Too many variables: The mechanics of the Microsoft Nokia deal 2) Climbing Everest without oxygen: The implications for Microsoft and 3) Post-abyss: The implications for Nokia.

Links for this episode:

• Does the phone market forgive failure? | asymco
  
• Unforgiven, Continued | asymco
  
• The Innovator’s Curse | asymco
  
• Who’s buying whom? | asymco
  
• 5by5 | The Critical Path #93: The Innovator's Curse
  
• 5by5 | The Critical Path #94: The Limits of Executive Power
  
• Another Nokia Explanation; The Same Tragic Conclusion | stratechery by Ben Thompson
  
• 5by5 | High Density #3: Staying hungry with Ben Thompson
  

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