Kylie Graham
EEE-2083
Per Bylund
9/13
The movie is about “Larry the liquidator” who makes money by buying companies and then selling them. Larry notices that the wire and cable company is not going to be needed in the future so he decides to try and make a deal with them. The deal doesn’t work out and so Larry starts taking over the company by buying up stocks. The company realizes this will put them out of business and they then spend most of the money trying to get Larry to make a deal with them. Larry wouldn’t budge because such a deal would benefit him in any way and so the company decided to have a vote on whether or not the shareholders of the company want to keep their investment in the company. The shareholders at first agreed with the company that they want to keep it in business but then Larry convinced them to vote on his side by showing them it’s a dying industry. This is entrepreneurial because Larry’s job is seeing that wires and cable won’t continue to be in demand in the future. Larry then makes money by selling all investments in the company.
This movie is very interesting in many different ways but not all entrepreneurial ways. I find it crazy that someone can just come in and take over your business and completely destroy it. Someone doing that to your business for their own benefit and making money off your failure is just sad. Larry as a character was a very odd guy and honestly a creep. I didn’t appreciate the sexual relationship between him and the lawyer it was disgusting and so uncalled for. This movie showed you in depth how innovation really affects the business and not just society. All people on the outside see is how this benefits them, not how the people who run it are being affected so negatively. This new concept is so interesting because innovation is so amazing yet so destructive.
Larry’s job is to move investments around and where he sees that a company will no longer make him money he sells his investments therefore shutting the businesses down. When an entire company shuts down everyone in the company loses their jobs. The people working at these companies end up unemployed putting not only them in a bad place, but their families too. That would be a lot of people becoming unemployed at the same time which in itself has a whole chain reaction among society. It also benefits society because the people placing their money with Larry will be able to invest in things that will be in higher demand so they will profit. Larry’s primary support and benefit from society would be the clients who give him the money; this is only a small portion of society. The interactions between the two are mainly negative. Larry is only helping a small fraction of people, many more are losing jobs. Larry said so himself in the movie “who cares”, talking about society, showing us that he is doing more harm than good to the majority of the people. There is nothing he can do about innovation so Larry was just smart to find a way to profit even if it does mean it’s at other peoples’ expense.
