Folding the Best Hand: A Tech Strategy Lesson
When you can't get away from the very thing that it ought to be getting away from.
In poker, sometimes you fold the best hand. In certain situations, it just doesn't make sense to call, even if you might have your opponent beat. Its just a fact of life when you play cards.
While some people have a problem leaving money on the table, advanced poker strategy requires trade-offs like this to advance the greater good.
I was thinking about that the other day in the context of IBM exiting the PC business in May of 2006. (It turns out that the company may do the same with servers.) Were there critics at the time? You bet. Ultimately, however, it turned out to be the right move. There's just more money to be made in services and more advanced hardware (read: Watson-like devices).
Sometimes you need to fold the best hand.
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