Michael Moritz: Naspers– What the New York Times Could Have Been

A side by side comparison of NYTimes and Naspers by Michael Moritz, who is a beautiful writer and runs Sequoia Capital.

The management of Naspers decided to ride, rather than fight, the technology tide while the management of the New York Times chose otherwise. Today, coincidentally, both companies have fairly new CEOs, and while the head of the New York Times has to deal with the consequences of twenty years of ruinous decisions, his counterpart at Naspers has been dealt a royal flush. The New York Times CEO inherited a company that missed not just one but two media revolutions – television mastered in a spectacular manner by Rupert Murdoch and online mastered by Koos Bekker, CEO of Naspers.

via What the New York Times Could Have Been | LinkedIn.