#06 – Photography Didn't Die. Kodak Did. What It Teaches Us About the Future of Capital Markets
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Photography didn't disappear. Kodak did.
Kodak invented the world's first digital camera.
It held the patents, the technology, the engineers, and every advantage needed to lead the digital revolution.
Yet when photography changed forever, Kodak became one of its biggest casualties.
In this episode of the Manhattan Podcast, we explore one of the most important lessons in business history: the greatest threat to market leaders isn't failing to see the future—it's refusing to disrupt their own success.
From Kodak's rise and fall to the transformation of private credit and capital markets, we examine why companies that protect yesterday's business model often lose to those building tomorrow's infrastructure.
In this episode:
- How Kodak built one of history's greatest business ecosystems
- Why inventing the future wasn't enough
- The danger of protecting existing revenue streams
- Why disruption almost always starts small
- Lessons every investor should understand
- What Kodak's story tells us about the future of private capital markets
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