FlurbCo Ventures
In an constantly changing world where the pace of business is constantly increasing, the hunt for new ideas has never been more relevant. Sometimes those new ideas come in the form of small but promising companies that can be snapped up at a bargain-basement price. At FlurbCo, we outsource innovation by identifying and purchasing these companies and then just sitting back to see where things go. Sometimes they succeed, often they fail, and sometimes we honestly forget that we bought them, and they show up at the annual meeting wearing FlurbCo swag not knowing anyone's names. Awkward.
These ideas are the life blood of a company like FlurbCo- even if some might see those ideas as "bad" or "nonsensical." The "doubters" didn't see the wisdom in buying up a chain of decaying amusement parks at 3x their valuation. However, the parks proved indispensible when our pharmaceutical division had their unfortunate mishap a few years ago. While FlurbCo was in no way legally responsible for the spontaneous mutations that occurred in the patients taking the drug, the company found the parks were a perfect place to house the patients out of the public eye. Where were the doubters then? Or a few years later when we re-opened the parks with a knock-off Island of Dr. Moreau theme? That's synergistic genius. That's the FlurbCo Way!
Many of these businesses have the right concept but lack the experience and resources to execute it correctly. All they need is a nudge in the right direction- the FlurbCo Way. Ten years ago, our silicon desiccant subsidiary was struggling with 5% market share. This was due to a variety of factors including copious evidence indicating that manufacturers and consumers did not like the product. It didn't capture moisture as effectively as competing brands, and the poorly-made sachets often ripped, spilling the tiny silicon beads into the packaging. We knew that fixing these issues would take years and cost billions, so our executive team came up with a better plan. We could spend 10x more to buy up every major competitor and run them into the ground, thereby achieving the same goal much faster. Thankfully, the regulators didn't notice. Today, FlurbCo Drying Dust enjoys 70% market share worldwide, and consumers benefit as well... somehow. That's how you go from desic-can't to desic-can! That's the power of the FlurbCo Way!
