Biology of Business

B

303 companies

Blockbuster

Video Rental & Entertainment

Blockbuster didn't fail because it missed Netflix. The company knew about Netflix, even considered acquiring them for $50 million. Blockbuster failed...

10 mentions Defunct

BlackBerry

Mobile Phones & Software

In 2008, BlackBerry had an $84 billion market cap and 20% of the global smartphone market. By 2016, less than 1% market share and $3 billion market ca...

5 mentions

Boeing

Aerospace Manufacturing

Boeing held 80% of the commercial aviation market in 1970. By 2024, it had surrendered half that share to Airbus while two 737 MAX crashes killed 346...

4 mentions

Berkshire Hathaway

Conglomerate / Insurance / Investments

Warren Buffett's genius isn't picking stocks—it's designing ecosystems. Berkshire Hathaway comprises 60+ wholly owned businesses spanning insurance, r...

2 mentions sp500

Best Buy

Retail Electronics

The electronics retailer that survived where Circuit City died - then learned that distributing power isn't the same as distributing accountability....

2 mentions

BHP Group

Mining & Resources

At 42,000 employees and $146 billion market cap, BHP operates like a superorganism coordinating resource extraction across continents. The company's W...

2 mentions asx

Bombardier

Aerospace

Canadian aerospace company that developed the C Series aircraft program before selling it to Airbus in 2018 for effectively zero dollars. The Bombardi...

2 mentions nasdaq100

British East India Company

Trading & Colonial Enterprise

The British East India Company represents extreme organizational longevity through adaptive sensing - 274 years of continuous operation (1600-1874) th...

2 mentions

Basecamp

Software / Project Management

Basecamp has operated with voluntary caloric restriction for 25 years. The company maintains 50-60 employees while serving millions of customers and g...

1 mention

BBC World Service

Media/Broadcasting

The British Broadcasting Corporation's World Service, launched in 1932 as the BBC Empire Service, has broadcast news in 42 languages to audiences exce...

1 mention

BioNTech

Biotechnology

BioNTech's €2.75 billion revenue in 2024 (down from €3.82 billion in 2023) masks a strategic pivot from COVID vaccine windfall to oncology moonshot. T...

1 mention

Bridgewater Associates

Hedge Fund

Ray Dalio's hedge fund maintains $136.5 billion in assets under management as of November 2025, making it the world's largest. But the numbers tell on...

1 mention

Buffer

Technology / Social Media Tools

The social media company that made transparency so radical it became a competitive advantage. Buffer publishes everything: real-time revenue dashboar...

1 mention

ByteDance

Technology / Social Media

$155 billion revenue in 2024 (38% growth) and $48 billion in Q2 2025—surpassing Meta's $46 billion—crowns ByteDance as the world's largest social medi...

1 mention private

B. Altman and Company

Department Store

B. Altman's 1989 closure after 124 years demonstrates how real estate value can exceed retail value, creating perverse incentives for liquidation. The...

Defunct

B&G Foods

Packaged Foods

B&G Foods owns a pantry of shelf-stable brands—pickles, spices, sauces that survive without refrigeration like tardigrades in dormancy. Their products...

russell2000

B&M European Value Retail

Retail

B&M is a variety retailer offering branded products at discount prices. Operating over 1,000 stores across the UK and Europe, it focuses on fast-movin...

ftse250

B3

Financial Services

B3 operates Brazil's stock exchange—a marketplace where capital seeks returns like pollinators seeking nectar. Their trading platform connects investo...

bovespa

Babbel

EdTech - Language Learning

Babbel teaches languages through spaced repetition and conversational practice—learning systems that mirror how children acquire speech. Their app gam...

Private

Babcock International

Engineering & Support Services

Babcock maintains critical infrastructure—nuclear submarines, emergency services, defense systems. They're like pilot fish on sharks, providing essent...

ftse250

Back Market

E-commerce

Back Market sells refurbished electronics—extending device lifespans like vultures cleaning carcasses. They capture residual value from tech waste, gi...

sbf120

BAE Systems

Aerospace & Defense

BAE Systems reported £28.3 billion sales in 2024, up 14% year-over-year, with operating profit exceeding £3 billion for the first time. The £77.8 bill...

ftse100

Baidu

Technology

Baidu is China's leading search engine and AI company, investing heavily in artificial intelligence, autonomous driving through Apollo, and cloud comp...

hangseng

Bain & Company

Management Consulting

Bain & Company revolutionized consulting by applying the marginal value theorem to client relationships. Founded in 1973 when Bill Bain left BCG, the...

Bajaj Auto

Automobiles

Bajaj Auto dominates two-wheeler and three-wheeler manufacturing through exploitative competition in underserved niches. While Hero MotoCorp chases vo...

nifty50, bse sensex

Bajaj Finance

Financial Services

Bajaj Finance lends to Indian consumers and SMEs—credit cards, personal loans, business financing. They've grown explosively through digital channels,...

nifty50, bse sensex

Bajaj Finserv

Financial Services

Bajaj Finserv aggregates financial services—insurance, lending, wealth management under one brand. They're financial omnivores, diversifying revenue a...

nifty50, bse sensex

Baker Hughes

Oil & Gas Services

Industrial & Energy Technology (IET) segment revenue surged 11% year-over-year to $2.9 billion in Q1 2025, with Climate Technology Solutions exploding...

sp500

Baker McKenzie

Legal Services

Baker McKenzie operates law offices globally—cross-border transactions, regulatory compliance, dispute resolution. They're legal infrastructure for mu...

Baker Tilly

Accounting

Baker Tilly provides audit, tax, and advisory—financial hygiene for mid-market companies. They clean books, identify compliance risks, and optimize ta...

Balchem

Specialty Chemicals

Balchem produces specialty ingredients—encapsulated nutrients, chelated minerals, animal feed additives. They engineer molecular delivery systems that...

russell2000

Ball Corporation

Packaging

Ball manufactures aluminum cans—beverage containers that protect contents from light and oxygen. Their packaging mimics protective shells, lightweight...

sp500

Ballard Power Systems

Hydrogen & Fuel Cells

Ballard builds hydrogen fuel cells—electrochemical reactors that convert hydrogen and oxygen into electricity and water. They're engineering artificia...

Baloise Group

Insurance

Baloise pursued the opposite of insurance industry conventional wisdom: instead of global diversification, the company (founded 1863) concentrated on...

BambooHR

Human Resources Technology

BambooHR manages employee data for SMBs—onboarding, time-off, performance reviews. They're digital HR systems that automate people management, replaci...

Private

Bamburi Cement

Cement & Construction Materials

Bamburi grinds limestone for East African construction—cement that binds concrete from Nairobi to Kampala. They produce the mineral mortar that holds...

nse-kenya

Banc of California, Inc.

Regional Banking

Banc of California is a bank holding company operating through its subsidiary Banc of California, N.A., serving businesses and individuals throughout...

russell2000

BancFirst Corporation

Regional Banking

BancFirst is an Oklahoma-based bank holding company providing a full range of commercial banking services through its subsidiary BancFirst. The compan...

russell2000

Banco Bradesco

Banking

Bradesco pulled off a metabolic transformation in 2024-2025 that most mature organisms can't achieve: accelerating profit growth while fundamentally r...

bovespa

Banco Davivienda

Banking

Davivienda circulates credit through Central America—mortgages in Costa Rica, business loans in Honduras, remittances from migrants. They're financial...

colcap

Banco de Chile

Banking

Banco de Chile anchors the country's financial system—largest private bank, deep roots in copper wealth and agricultural export cycles. They're old-gr...

ipsa

Banco de Colombia

Banking

Bancolombia dominates Colombian finance—retail, corporate, investment banking across Central America. They've grown through acquisition and organic ex...

colcap

Banco de Crédito e Inversiones

Banking

BCI serves Chilean businesses and consumers with conservative lending standards—avoiding the boom-bust cycles that kill aggressive competitors. They'r...

ipsa

Banco do Brasil

Banking

Banco do Brasil moves government money and rural credit—state-owned infrastructure that reaches Brazil's agricultural interior. They're financial capi...

bovespa

Banco Espírito Santo

Banking

BES's 2014 collapse demonstrates how family-controlled banks can be hollowed out by related-party lending. Portugal's largest private bank made loans...

Defunct, Former PSI 20

Banco Macro

Banking

Banco Macro survived Argentina's peso crises—hyperinflation, defaults, currency collapses. They're financial extremophiles adapted to monetary chaos,...

merval

Banco Popular Español

Banking

Banco Popular's 2017 resolution—Europe's first under new rules—demonstrates how banks can fail overnight when confidence evaporates. Spain's sixth-lar...

Defunct

Banco Sabadell

Banking

Sabadell operates across Spain and the UK—retail and commercial banking with Catalan roots. They weathered Spain's property crash through geographic d...

ibex35

Banco Santander

Financial Services

When the 2008 financial crisis shattered global banking, Santander absorbed the wreckage of smaller institutions and emerged stronger—demonstrating th...

ibex35, eurostoxx

Banco Santander Brasil

Banking

Santander Brasil lends to consumers and corporations across South America's largest economy. They profit from Brazil's growth cycles while bearing def...

bovespa

Banco Santander Chile

Banking

Santander Chile operates in South America's most stable economy—conservative lending, strong regulation, copper-fueled growth. They're K-selected bank...

ipsa

Banco Supervielle

Banking

Supervielle navigates Argentina's chronic instability—peso devaluations, inflation spikes, political chaos. They're adapted to survive monetary extrem...

merval

Bancolombia

Banking

Bancolombia processes transactions across Colombia, Central America, and Peru—payments, loans, wealth management. They're financial highways connectin...

colcap

Bandai Namco Holdings Inc.

Gaming & Entertainment

Bandai Namco is a major entertainment company formed from the merger of Bandai and Namco, known for video games, toys, and anime properties. The compa...

nikkei225

Bandeirantes

Media

Like a kingfisher that evolved to hunt exclusively in shallow streams, Bandeirantes—known simply as Band—carved out a survival niche as Brazil's self-...

Bandsintown

Entertainment & Technology

Bandsintown connects music fans to concerts—alerting users when favorite artists tour nearby. They're matchmaking platforms that reduce search costs,...

Bang & Olufsen

Consumer Electronics/Audio

The bowerbird doesn't compete on function alone—it wins through aesthetic excess. Bang & Olufsen operates on the same principle, positioning luxury au...

Luxury Goods, Technology

Bangkok Airways

Aviation

Bangkok Airways serves Thai islands and regional routes—boutique carrier connecting beach destinations. They're niche specialists, avoiding head-to-he...

Bangkok Bank

Banking

Bangkok Bank circulates capital through Thailand's economy—trade finance, SME lending, consumer banking. They're financial plumbing for Southeast Asia...

SET:BBL

Bank for Investment and Development of Vietnam

Banking

BIDV channels state investment across Vietnam—infrastructure loans, SOE financing, retail banking. They're financial aqueducts for government prioriti...

HOSE:BID

Bank Hapoalim

Banking

Bank Hapoalim dominates Israeli banking—retail, corporate, international. Founded in 1921, they've survived wars, inflation crises, and tech disruptio...

tase

Bank Leumi

Banking

Bank Leumi operates globally with Israeli roots—commercial banking, wealth management, investment services. They connect Israel's tech economy to inte...

tase

Bank of China Limited

Banking & Finance

Bank of China is one of China's oldest and most internationalized banks, with extensive overseas operations. The company provides commercial banking,...

csi300

Bank of Marin Bancorp

Regional Banking

Bank of Marin Bancorp is the holding company for Bank of Marin, a California-based community bank serving the San Francisco Bay Area. The company prov...

russell2000

Bank OZK

Banking

Bank OZK specializes in real estate lending—construction loans, commercial property finance across the Sun Belt. They're habitat specialists, concentr...

russell2000

Bank Rakyat Indonesia

Banking

Bank Rakyat serves Indonesian micro-enterprises and cooperatives—village-level banking that reaches rural economies. They're financial capillaries ext...

IDX:BBRI

BankBoston Robertson Stephens (Failure)

Investment Banking

While BankBoston itself merged into Bank of America successfully, its investment banking arm Robertson Stephens failed spectacularly after the dot-com...

Defunct

Bankinter

Banking

Bankinter splits resources like a deciduous tree: heavy investment in digital roots during growth season, then pruning branches when capital becomes s...

ibex35

Banner Corporation

Regional Banking

Banner survives as a regional bank by occupying thermal refugia - local markets where megabanks overheat from complexity costs.

russell2000

Banorte

Banking

Mexico's Banorte acts like mesquite in desert finance - deep roots extract value where others can't, converting remittance flows into sustained growth...

bmv

Banque Misr

Banking

As Egypt's state bank, Banque Misr functions like a termite mound - centralized structure redistributing capital flows to build national economic infr...

Barclays

Banking

Barclays is a British multinational investment bank and financial services company with operations in retail banking, wealth management, corporate ban...

ftse100

Barilla

Food & Beverage

Barilla runs like bacterial quorum sensing - production calibrated to demand signals, preventing inventory waste that killed rivals who built for peak...

Barings Bank

Banking

Barings Bank's 1995 collapse after 233 years demonstrated how a single rogue trader could destroy a century-old institution. Nick Leeson's unauthorize...

Defunct

Barloworld Limited

Industrial & Equipment

South African conglomerate operating as slime mold - dispersed divisions feed independently but aggregate for major capital deployment or market threa...

jse

Barnes & Noble

Bookseller

Barnes & Noble survived Amazon by becoming hermit crab - occupied dead mall spaces at low rent, turning liability real estate into experiential refugi...

Barnes Group Inc.

Industrial Manufacturing & Aerospace

Industrial manufacturer Barnes Group operates like wood frog in freeze-thaw cycles - protecting core aerospace revenue while peripheral divisions hibe...

russell2000

Barneys New York

Retail - Luxury

Barneys New York's 2019 bankruptcy ended a luxury retail institution that had shaped American fashion for nearly a century. The store's Madison Avenue...

Defunct

Barratt Developments

Construction

UK homebuilder Barratt exhibits locust-like development cycles - explosive building in boom years, then radical contraction when credit dries, waiting...

ftse250

Barrick Gold Corporation

Mining & Materials

Gold miner Barrick acts as apex scavenger - acquiring distressed assets in downturns, extracting value from deposits others abandoned when prices coll...

Barry Callebaut

Industrial Chocolate Manufacturing

Swiss chocolate supplier Barry Callebaut functions as mycorrhizal network - connecting cocoa farmers to manufacturers, extracting margin from nutrient...

BASF

Chemicals

The world's largest chemical company generates €65.3 billion through Verbund architecture—a mycorrhizal network of 200+ production plants exchanging w...

dax40

BASF Agricultural Solutions

Agrochemicals

BASF Agricultural Solutions posted €9,798 million in sales for 2024, down from the previous year due to currency effects and lower glufosinate-ammoniu...

DAX

Bass Pro Shops

Outdoor Retail

Bass Pro built retail as attraction - massive stores function like coral reefs, creating destination ecosystems where smaller businesses cluster and f...

Battery Resources

Battery Recycling

Battery Resources extracts lithium like extremophile bacteria mining minerals - specialized enzymes (technology) unlock resources in conditions others...

Private

Bayer

Pharmaceuticals

A €47.6 billion life sciences organism navigates territory marked by litigation scars and innovation pressure, distributing revenue across agrochemica...

dax40

Bayer Crop Science

Seeds & Agrochemicals

Bayer Crop Science runs evolutionary arms race with pests - each new chemical trait triggers resistance, requiring continuous mutation of seed and her...

DAX

BBVA

Financial Services

BBVA generated €10.1 billion in net profit during 2024, a 25.4% increase driven by algorithmic decisioning that processes 350 million transactions dai...

eurostoxx

BBVA México

Banking

BBVA México moves pesos through Mexican economy like blood through organs—mortgages, business loans, remittances from the US. They extract interest sp...

bmv

BCP

Banking

Banco Comercial Português survived sovereign debt crisis like drought-adapted trees—deep capital reserves, conservative lending, geographic diversific...

psi20

BDO Unibank

Banking

BDO grew through acquisition, absorbing smaller Philippine banks like slime mold engulfing nutrients. Their aggregation strategy built scale through M...

PSE:BDO

Beacon Roofing

Building Materials Distribution

Roofing distributor consolidating fragmented market through roll-up acquisitions - like hermit crab upgrading shells, each purchase adds protective sc...

russell2000

Beacon Roofing Supply

Building Materials Distribution

Supply distribution network operating as mycelial system - local branches sense demand, headquarters optimizes nutrient (inventory) flow to high-growt...

russell2000

Beam Suntory

Alcoholic Beverages

Whiskey maker Beam Suntory banks time like trees store carbon - aging inventory appreciates over decades, converting waiting into premium value.

Bear Stearns

Investment Banking

Investment bank sold to JPMorgan in March 2008 when bankruptcy loomed. Unlike Lehman Brothers, Bear Stearns received government-facilitated rescue. Em...

Beats

Consumer Electronics

Beats won headphones through costly signaling - premium price and celebrity endorsements signaled quality more effectively than acoustic specs ever co...

Technology, Consumer Discretionary

Bed Bath & Beyond

Home Goods

Bed Bath & Beyond collapsed from senescence - accumulated 20% coupons like metabolic waste, poisoning margins until the organism could no longer funct...

Beepi

Automotive

Beepi's 2017 collapse after raising $150 million demonstrates how peer-to-peer used car marketplaces face fundamental unit economics challenges. The s...

Defunct

Beiersdorf AG

Beauty & Personal Care

€9.9 billion in 2024 sales, 6.5% organic growth, and a portfolio effect that CEO Vincent Warnery calls "the best-performing skin care company globally...

dax

BeiGene

Biotechnology

Chinese biotech BeiGene races Red Queen dynamics in oncology - each rival drug advance forces continuous mutation of pipeline to stay viable in compet...

Belk

Department Stores

Regional department store Belk operates as territorial species - dense store networks in Southeast create defended ranges where national chains find p...

Belkin

Consumer Electronics

Belkin survives as remora fish of Apple - accessories attach to iPhone ecosystem, feeding on traffic without competing for core territory.

Technology, Consumer Discretionary

BellRing Brands

Packaged Foods & Beverages

Protein shake maker BellRing pumps out products like R-selected species - rapid SKU proliferation across retail channels, accepting high failure rates...

russell2000

Ben & Jerry's

Food & Beverage

Ben & Jerry's is mentioned as a Unilever acquisition that demonstrates brand modularity - Unilever can integrate acquired brands without requiring who...

Benchling

Biotech Software

Benchling built biotech OS through network effects - each lab that joins makes platform stickier for suppliers, creating mycelial connections througho...

private

Benchmark

Venture Capital

Wolf packs share kills equally regardless of who made the takedown. This venture capital firm structured itself the same way. When Bob Kagle, Bruce Du...

Private

Bennigan's

Restaurant

Bennigan's 2008 sudden closure—all 150 company-owned locations shuttered overnight—exemplifies how casual dining's middle market faced extinction pres...

Defunct

Bentley Motors Limited

Luxury Automotive

Bentley executes costly signaling at industrial scale - hand-stitched leather and 12-cylinder engines broadcast wealth more clearly than mere transpor...

Private

BeReal

Media

BeReal uses synchronized spawning - everyone posts simultaneously, creating mass coordination that overwhelms polished Instagram behavior with authent...

Media, Technology

Berklee Online

Online Education

Berklee Online operates as dandelion in education - low-cost digital seeds spread globally while parent campus remains K-selected prestige institution...

Nonprofit

Bernard L. Madoff Investment Securities

Investment Management

Madoff's 2008 exposure as history's largest Ponzi scheme ($65 billion) demonstrates how reputation can conceal fraud for decades. The former NASDAQ ch...

Defunct

Berry Global Group, Inc.

Packaging

Packaging giant Berry Global wraps supply chains like strangler fig - surrounds customer manufacturing with containers, closures, films until switchin...

sp500

Bethesda Game Studios

Gaming

Bethesda releases games like cicada broods - years of underground development, then synchronized emergence creates cultural saturation before next hib...

Gaming, Entertainment

Bethlehem Steel

Steel Manufacturing

Bethlehem Steel's 2001 bankruptcy ended a company that had built the Golden Gate Bridge, the Hoover Dam, and the Madison Square Garden, symbolizing Am...

Defunct

Better Place

Clean Energy

Better Place's 2013 collapse after $850 million raised demonstrates how infrastructure-first EV strategies can fail. The battery-swap company built st...

Defunct

Better.com

Fintech

Better.com grew through hyperphagia in low-rate environment, then faced starvation when Fed tightened - no stored fat for mortgage winter.

private

Betterment

Financial Services

Robo-advisor Betterment automates like quorum sensing bacteria - investment decisions trigger algorithmic responses when thresholds crossed, no human...

private

Beyond Meat

Food - Plant-Based

Beyond Meat creates plant-based meat substitutes designed to replicate taste and texture of animal meat.

russell2000

BeyondTrust

Cybersecurity

BeyondTrust guards corporate immune systems - detecting insider threats through behavioral anomaly recognition, like T-cells identifying corrupted sel...

Private

Bezeq - The Israel Telecommunication Corporation

Telecommunications

Israeli telecom Bezeq operates as infrastructure monopoly - like beaver dam controlling water flow, network ownership extracts rent from all downstrea...

tase

Bharat Petroleum Corporation Limited (BPCL)

Energy

Bharat Petroleum functions as state-owned termite mound - centralized fuel distribution supporting national infrastructure, losses absorbed for strate...

nifty50, bse sensex

Bharti Airtel Limited

Telecommunications

606 million subscribers across India and Africa, ₹1.75 trillion revenue in FY25, 135 million 5G users—Bharti Airtel exhibits network effects and posit...

nifty50

Bidvest Group

Diversified Services

Bidvest Group operates as South Africa's most diversified services conglomerate, a holding company that has evolved through strategic acquisition into...

jse

Big Green Egg

Outdoor & Home

Kamado grill maker Big Green Egg built cult through cultural transmission - user evangelism spreads techniques and brand loyalty across generations of...

Consumer Discretionary

Big Tobacco Litigation

Tobacco

Big Tobacco's $246 billion Master Settlement Agreement demonstrates how industries can face existential legal liability from harm caused over decades....

Restructured

BigBasket

E-commerce

India's BigBasket operates as ant colony logistics - thousands of delivery workers coordinate through algorithmic pheromones (app signals) to optimize...

BigCommerce

E-commerce

E-commerce platform BigCommerce provides substrate like coral reef - merchants build stores on infrastructure, creating ecosystem where BigCommerce ex...

nasdaq100

Bilfinger

Construction

German industrial services firm Bilfinger operates as cleaner fish - maintains manufacturing plants for major industrials, feeding on maintenance comp...

mdax

Bilibili

Video Streaming & Entertainment

Chinese video sharing and streaming platform focused on animation, comics, and gaming (ACG) culture. Popular among younger Chinese audiences for user-...

hsi

Billa

Grocery Retail

Austrian grocer Billa thrives through philopatry - staying in familiar Central European territory while competitors overextend into foreign markets.

Binance

Cryptocurrency Exchange

Crypto exchange Binance exhibits geographic migration under regulatory pressure - headquarters moves between jurisdictions like nomadic herds seeking...

Private

Bind

Health Insurance

Health insurance startup Bind uses modular coverage - customers assemble plans from components like LEGO, reducing waste from bundled traditional poli...

BinDawood Holding

Retail

Saudi grocer Bindawood adapted like desert specialists - built supply chains for extreme heat and import dependence where global grocers failed.

tadawul

Bio-Rad Laboratories

Life Sciences Tools & Services

Bio-Rad sells research tools like fig tree attracting wasps - each instrument creates dependency relationships with labs, building sticky multi-produc...

sp500

Bio-Techne Corporation

Life Sciences Tools & Services

Research reagent maker Bio-Techne thrives as specialized decomposer - breaks down complex research needs into standardized antibodies and proteins sci...

sp500

Biogen

Biotechnology

Biogen bets billions on neurological drugs with decade-long development - elephant reproductive strategy where each offspring requires enormous gestat...

sp500

BioLife Solutions

Biotechnology

BioLife makes cell preservation media - enabling hibernation for shipped cells like wood frogs surviving frozen winters through specialized cryoprotec...

russell2000

BioLite

Outdoor & Adventure

BioLite converts waste heat to electricity in camping stoves - capturing energy loss like chemosynthetic bacteria extracting calories from thermal ven...

Consumer Discretionary

BioMarin Pharmaceutical

Biotechnology

BioMarin targets rare diseases like specialist predator hunting overlooked prey - small patient populations where big pharma hunting ROI finds terrain...

Biossance

Beauty & Personal Care

Clean beauty brand Biossance signals purity through ingredient transparency - honest costly signaling in category saturated with greenwashing mimics.

BioTechne

Life Sciences Tools

Biotech tools supplier operating as resource provisioner - sells equipment to research labs like trees providing structure for epiphyte ecosystems.

russell2000

BioWare

Gaming

Game studio BioWare invests years crafting story-driven RPGs - K-selected strategy producing few offspring (games) with massive parental investment pe...

Gaming, Entertainment

Bird

Transportation

E-scooter company Bird exhibited hyperphagia without fat storage - gorged on VC capital during abundance but had no reserves when funding winter arriv...

private

Bird Global

Micromobility

Bird Global's 2023 bankruptcy ended the company that had pioneered electric scooter sharing, reaching a $2.5 billion valuation before collapsing to ne...

Defunct

Bitcoin Network

Cryptocurrency / Blockchain

The Bitcoin network processes transactions through 949 exahashes per second of computational work (August 2025 average), distributed across thousands...

Bitfinex

Cryptocurrency

Crypto exchange surviving multiple attacks through regeneration - hacks removed capital like predator taking limb, but platform regrew through operati...

crypto, blockchain

BitGo

Crypto Custody

Crypto custody provider BitGo functions as immune system memory - stores private keys like B-cells storing antibody templates, preventing loss through...

Private

Bitso

Fintech

Latin American crypto exchange Bitso exploits remittance corridors - cheap cross-border transfers like migratory birds finding efficient flight paths...

Bitstamp

Cryptocurrency

Early crypto exchange Bitstamp survived as K-selected survivor - slow conservative growth while R-selected competitors burned fast and died young.

crypto, blockchain

BJ's Restaurants

Restaurants

BJ's Restaurants occupies suburban retail centers—casual dining with brewhouse identity. They're habitat generalists, neither fast food nor fine dinin...

russell2000

BJ's Restaurants, Inc.

Casual Dining Restaurants

BJ's Restaurant operates like chain coral—standardized units that replicate successful formats. Their brewhouse concept clones itself across suburbs,...

russell2000

BJ's Wholesale Club

Warehouse Club

BJ's Wholesale operates membership warehouses on the East Coast—bulk buying for families and businesses. Like squirrels hoarding nuts for winter, cust...

NYSE

BKD

Accounting

BKD provides accounting and advisory services across the American Midwest—audit, tax, consulting that helps regional businesses comply and grow. They'...

BlaBlaCar

Technology

Rideshare platform BlaBlaCar coordinates like slime mold - dispersed drivers aggregate when density thresholds met, creating emergent route optimizati...

sbf120

Black Box

IT Services

IT infrastructure firm Black Box maintains corporate networks like cleaner shrimp on coral - removes technical parasites, feeds on complexity wealthy...

russell2000

Black Hills Corporation

Utilities

Regional energy utility Black Hills operates as territorial monopoly - controlled geography creates natural boundaries where competition remains costl...

russell2000

Blackbaud

Software

Nonprofit software provider Blackbaud locks in customers like parasitic wasp - donor databases become so embedded that switching kills the host organi...

russell2000

BlackBerry (Decline)

Consumer Electronics

BlackBerry's decline from 50% smartphone share to hardware exit demonstrates how network effects can reverse. The device that addicted executives to e...

Declining

Blackbird Ventures

Venture Capital

Blackbird functions as Australia's apex venture predator—ranking #1 in anonymous founder surveys while backing Canva from seed to $40 billion valuatio...

Private

Blackboard

EdTech - LMS

Learning management system Blackboard spread through university IT like invasive species - early adoption created path dependence harder to reverse th...

Anthology-Owned

BlackRock

Asset Management

When your technology platform manages triple your own assets, you're not just a participant in the ecosystem - you're the infrastructure. BlackRock ma...

sp500

BlackSky

Space Intelligence

Satellite imaging firm BlackSky harvests visual data like raptors hunting from altitude - high-orbit perspective spots patterns ground competitors mis...

NYSE

Blaze Pizza

Food & Beverage

Fast-casual pizza chain Blaze grew through franchise reproduction - each location spawned semi-independently like coral polyps budding from parent col...

Blink Charging Co.

EV Charging Infrastructure

EV charging network Blink races to occupy territory before competitors - staking out parking lots like trees competing for sunlight access.

NASDAQ

Bloc

Education

Coding bootcamp Bloc compresses skill development through immersive intensity - metabolic sprints produce developers faster than traditional four-year...

private

Block

Financial Technology

Block operates Square payment processing and Cash App peer-to-peer payments. Two-sided network effects with platform economics enabling cross-selling.

nasdaq100

Blockchain.com

Cryptocurrency

Crypto wallet Blockchain.com hoards user assets like squirrels caching nuts - custody creates recurring revenue from stored value requiring minimal on...

private

BlockFi

Cryptocurrency

Crypto lender BlockFi collapsed from predation - Genesis/FTX counterparty failures consumed capital like invasive species eliminating native prey base...

crypto, blockchain

Bloom Energy

Hydrogen & Fuel Cells

Fuel cell maker Bloom Energy converts gas to electricity through oxidation - mimicking cellular respiration to generate power with waste heat.

Bloomin' Brands, Inc.

Casual Dining Restaurants

Restaurant group Bloomin Brands operates portfolio like mixed-age forest - Outback mature and cash-flowing, newer concepts in growth phase, dead brand...

russell2000

Blue Apron

Food

Blue Apron pioneered meal kits but watched its $2 billion IPO valuation collapse to under $100 million as customer acquisition costs exceeded lifetime...

Defunct

Blue Diamond Growers

Food Products

Almond cooperative Blue Diamond aggregates small grower output like mycelium network - connects dispersed farmers to processing scale individuals coul...

Blue Origin

Space & Aerospace

Bezos rocket company Blue Origin banks founder wealth for patient development - elephant gestation producing complex offspring without quarterly earni...

Private

Blue Planet Systems

Carbon Utilization

Carbon capture startup Blue Planet mineralizes CO2 into construction aggregate - turning atmospheric waste into building blocks like coral polyps secr...

Private

Blue Yonder

Supply Chain Software

Supply chain software Blue Yonder predicts demand through pattern recognition - algorithmic forecasting like predators reading prey migration signals.

BlueLinx

Building Materials Distribution

Building products distributor BlueLinx operates as nutrient pipeline - transports materials from mills to contractors like xylem carrying water from r...

russell2000

BlueNalu

Cellular Agriculture

Cultured seafood startup BlueNalu grows fish cells in bioreactors - cellular agriculture decoupled from ocean like hydroponics freeing plants from soi...

BlueRock Therapeutics

Biotechnology

Cell therapy company BlueRock engineers stem cells like domesticated organisms - genetic modification produces standardized therapeutic cells at indus...

Bluesky

Media

Decentralized social network Bluesky attempts federation like slime mold - independent servers aggregate when beneficial, disperse when local conditio...

Media, Technology

Blur

Cryptocurrency

NFT marketplace Blur used airdrop predation - token incentives drained liquidity from OpenSea like invasive species outcompeting natives for resources...

crypto, nft +1

BMW

Automotive

€142.4 billion in revenue, 2.45 million vehicles delivered, 426,594 all-electric vehicles sold in 2024—yet BMW's defining trait isn't scale. It's phen...

dax40

BNP Paribas

Banking

BNP Paribas generated €3.04 billion net income in Q3 2025 (up 6.1% year-over-year) while maintaining a 12.5% CET1 capital ratio and cost of risk below...

cac40

BNSF Railway

Transportation/Railroad

Buffett spent $44 billion in 2010 to acquire BNSF Railway—Berkshire's largest acquisition ever. The railroad operates 32,000 route miles across 28 sta...

Bodega (Startup)

Retail

Bodega raised $2.5M to replace corner stores with AI-powered vending machines, generating immediate backlash for its name and mission to eliminate imm...

Defunct

BOE Technology Group

Display Technology

BOE is the world's largest manufacturer of LCD and OLED display panels, supplying screens for smartphones, tablets, monitors, and televisions to Apple...

csi300

Boehringer Ingelheim BioXcellence

Contract Manufacturing

German pharma Boehringer invests decades in disease targets - K-selected drug development accepting low offspring count for high success probability p...

Boise Cascade

Materials & Construction

Timber company Boise Cascade harvests forests on rotation cycles - clear-cutting followed by replanting mimics wildfire succession without the randomn...

sp400

Boliden

Mining & Smelting

Since 1924, this Stockholm-based metals producer demonstrates Nordic mining specialization across seven European mines and five smelters. At 7,500 emp...

Boll & Branch

Home & Sleep

Premium bedding brand Boll & Branch signals ethical sourcing through costly transparency - Fair Trade certification is honest handicap competitors wit...

Consumer Discretionary

Bolt

Mobility & Delivery

Estonian mobility and delivery platform competing with Uber across Europe and Africa. Offers ride-hailing, food delivery, and scooter sharing services...

private

Bolt Threads

Materials Biotechnology

Biotech Bolt Threads engineers microbes to spin spider silk - domesticated organisms producing materials their wild ancestors never evolved to make.

Bombas

Retail & E-commerce

Sock brand Bombas spreads through word-of-mouth like viral transmission - customer satisfaction creates secondary infections through gifting and refer...

Bon-Ton Stores

Retail

Bon-Ton's April 2018 liquidation ended 120 years of regional department store history. The company operated 260 stores across the Midwest and Northeas...

Defunct

Bonobos

Retail & E-commerce

Menswear brand Bonobos invented guideshop model - showrooms without inventory operate like display plumage, conversion happens online after mate selec...

Bonusly

Technology

Peer recognition platform Bonusly mimics reciprocal altruism - small reward exchanges build social capital, creating cooperative networks through repe...

private

Bonwit Teller

Luxury Retail

Bonwit Teller's 1990 liquidation ended 95 years of luxury retail and was precipitated by Trump Organization's 1980 demolition of its Art Deco treasure...

Defunct

Boo.com

E-commerce - Fashion

Boo.com's May 2000 collapse after burning through $135 million in 18 months became the symbol of dot-com hubris. The fashion e-commerce site was techn...

Defunct

boohoo group

Retail

boohoo is a leading online fashion retailer targeting young consumers. The company operates multiple brands including boohoo, PrettyLittleThing, and N...

ftse250

Booking Holdings

Online Travel

Booking Holdings operates online travel platforms including Booking.com and Priceline. Two-sided network effects where more properties attract more tr...

nasdaq100

Boot Barn Holdings, Inc.

Specialty Retail - Western Wear

Boot Barn is the nation's leading lifestyle retailer of western and work-related footwear, apparel, and accessories. The company operates over 380 sto...

russell2000

Boots

Pharmacy Retail

UK pharmacy Boots anchors high streets like keystone predator - store presence maintains foot traffic supporting smaller retailers in commercial ecosy...

Booz Allen Hamilton

Defense & Consulting

Defense consultant Booz Allen feeds on government complexity - clearance requirements and institutional knowledge create switching costs protecting ad...

S&P 500

Boralex Inc.

Renewables

Renewable energy producer Boralex harvests wind and hydro like plants capturing sunlight - converting ambient energy flows into storable electricity.

Borden Dairy

Food Processing

Borden Dairy's January 2020 bankruptcy came two months after Dean Foods, demonstrating the dairy industry's structural crisis. The 163-year-old compan...

Defunct

Borders Books

Retail / Books

Bookstore chain that went bankrupt in 2011, unable to compete with Amazon. Example of competitive displacement.

Borders Group

Retail - Books

Borders' 2011 liquidation ended America's second-largest bookstore chain through a series of mechanism failures so textbook they should be required re...

Defunct

Borealis

Petrochemicals & Plastics

Plastics producer Borealis recycles polymers through chemical decomposition - breaking molecular bonds like decomposer bacteria returning nutrients to...

BorgWarner Inc.

Automotive Supplier

Auto parts supplier BorgWarner adapts product mix as auto industry evolves - phenotypic plasticity shifting from combustion to electric drivetrains.

NYSE

Boring Company

Infrastructure

Musk tunnel venture Boring Company digs like naked mole rats - subterranean infrastructure avoiding surface congestion through three-dimensional space...

private

Bosch

Industrial Technology

German industrial giant Bosch operates as diversified forest - automotive, tools, appliances sharing R&D roots but growing toward different light sour...

Bose

Consumer Electronics/Audio

Bose generated approximately $3 billion in annual revenue by 2024, with online store sales reaching $257 million and projecting 0-5% growth for 2025....

Boston Consulting Group

Management Consulting

Boston Consulting Group spreads frameworks like memes - Growth-Share Matrix and other tools replicate through business schools, creating consulting de...

Boston Consulting Group (BCG)

Management Consulting

Boston Consulting Group represents the traditional consulting model that Bill Bain departed from in 1973. BCG's approach was to work with any client w...

Boston Market

Restaurants - Fast Casual

Boston Market's 1998 bankruptcy ended the rotisserie chicken chain's explosive growth, demonstrating how rapid franchise expansion can create unprofit...

Private

Boston Properties

Office Real Estate

REIT Boston Properties owns trophy offices in gateway cities - territorial control of prime real estate like alpha males defending best breeding groun...

sp500

Boston Scientific

Medical Devices

Medical device maker Boston Scientific iterates products through continuous improvement - rapid generation cycles like fruit flies evolving antibiotic...

sp500

Bouygues

Construction & Infrastructure

Bouygues posted €59.9 billion revenue in 2024 across construction (Bouygues Construction, Colas roads, Bouygues Immobilier property), telecoms (Bouygu...

cac40

Bowery Farming

Vertical Farming

Vertical farm Bowery grows crops in controlled indoor stacks - decoupling from soil and weather like extremophiles adapting to hostile surface conditi...

Private

Bowflex

Fitness & Wellness

Home fitness brand Bowflex suffered from pandemic boom-bust - hyperphagia during lockdowns followed by starvation when gyms reopened and demand crashe...

Consumer Discretionary

Box

Cloud Storage

Cloud storage Box competes through enterprise lock-in - workflow integrations act like parasitic roots, making extraction costly once embedded in IT i...

nasdaq100

Boyd Gaming Corporation

Gaming & Casinos

Regional casino operator Boyd Gaming defends local territories - neighborhood properties create home-field advantage against Strip competitors requiri...

russell2000

BP

Oil and Gas / Energy

BP is a case study in how organizational alarm systems fail catastrophically. The 2010 Deepwater Horizon explosion killed 11 workers, spilled 4.9 mill...

ftse100

Bradesco

Banking

Brazilian bank Bradesco operates dense branch network like capillary system - fine-grained physical presence reaches underbanked populations digital c...

bovespa

Bradlees

Retail

Bradlees' 2001 liquidation closed 105 discount stores across the Northeast after two bankruptcies (1995, 2000). The company served working-class custo...

Defunct

Brady Corporation

Industrial Manufacturing

Industrial label maker Brady profits from compliance mandates - safety regulations create obligate demand like flowering plants depending on specific...

russell2000

Brainly

Education

Homework help platform Brainly operates as mutualistic network - students answer each other like mycorrhizal exchange, platform extracts value from fa...

private

BrainPOP

EdTech - K-12

Educational media BrainPOP spreads through school districts like beneficial virus - teacher adoption creates peer transmission across classrooms and d...

Private

Braintree

Financial Technology / Payments

Braintree processed $572 billion in payment volume during 2024, yet PayPal CFO Jamie Miller announced a deliberate "value over volume" strategy that s...

Brambles Limited

Logistics

Pallet pooling company Brambles circulates containers like nutrient cycling - reusable platforms flow through supply chains, extracting rent from each...

asx200

Branch

Financial Technology

Payroll app Branch provides wage advances like vampire bats sharing blood - reciprocal liquidity support builds worker loyalty through repeated small...

fintech, earned-wage-access

Brandless

Consumer Goods

Brandless sold generic products for $3, betting that eliminating brands would eliminate 'brand tax.' SoftBank invested $240M. But consumers discovered...

Defunct

Brandywine Realty Trust

Office Real Estate

Office REIT Brandywine faces extinction pressure from remote work - habitat loss as tenant species migrate to distributed environments.

Braniff International

Airlines

Braniff International's 1982 bankruptcy was the first major airline failure after deregulation, demonstrating how protected industries can collapse wh...

Defunct

Bread Financial Holdings

Financial Services

Private label credit provider Bread Financial operates as commensal - attaches to retailer checkout flows, feeding on transaction volume without compe...

russell2000

Breather

Real Estate

Breather raised $120M for on-demand private meeting spaces, essentially WeWork by the hour. The company collapsed during COVID when no one needed meet...

Defunct

Brenntag

Chemical Distribution

Chemical distributor Brenntag functions as circulatory system - moving industrial compounds from producers to manufacturers like blood distributing ox...

dax40

Brevo

Technology

Marketing automation platform Brevo coordinates campaigns like quorum sensing - triggers email sequences when customer behavior thresholds crossed.

sbf120

Brex

Fintech

Startup credit card Brex grew through hypergrowth targeting - R-selected strategy flooding market with underwriting, accepting losses for rapid user a...

private

BRF

Food Processing

BRF processes poultry and pork at industrial scale—slaughter, butcher, package, distribute. They're apex predators in protein supply chains, convertin...

bovespa

BRF S.A.

Food Processing - Protein

BRF operates like a predator with global hunting grounds—Brazilian poultry exported to 150+ countries. Their vertical integration controls breeding to...

B3

Bricklin

Automotive

Bricklin's 1975 bankruptcy collapsed Malcolm Bricklin's attempt to build a safety-focused sports car in New Brunswick, Canada. The gull-wing SV-1 cost...

Defunct

Bridge Bancorp, Inc.

Regional Banking

Bridge Bancorp is the parent company of BNB Bank, a community-oriented financial services company serving Long Island and the greater New York metropo...

russell2000

Bridger Aerospace

Aerospace Services

Aerial firefighting company Bridger operates as emergency predator - lying dormant until fire outbreaks trigger contracts, like ambush hunters waiting...

russell2000

Bridgestone Corporation

Automotive Parts

Bridgestone operates the world's largest tire distribution network, a biological parallel to mycorrhizal fungal networks that connect forest ecosystem...

nikkei225, topix

Bridgewater Bancshares

Regional Banking

Regional bank Bridgewater grows through acquisition digestion - absorbs community banks like amoeba engulfing prey, integrating assets into larger org...

russell2000

Briggs & Riley

Travel & Luggage

Premium luggage maker Briggs & Riley signals quality through lifetime warranty - costly honest signal distinguishing from cheaper competitors who hide...

Consumer Discretionary

Bright Health

Health Insurance

Insurance startup Bright Health collapsed from undercapitalization - entered market without fat reserves, starved when medical costs spiked above prem...

Bright Horizons Family Solutions Inc.

Child Care & Education Services

Corporate childcare provider Bright Horizons embeds in employers like endosymbiont - HR integration makes extraction costly, creating sticky B2B relat...

russell2000

Bright Mountain Media

Digital Media

Podcast network operating as talent aggregator - coordinates independent creators like bee colony, extracting value from coordinated pollination acros...

russell2000

BrightFarms

Vertical Farming

Greenhouse operator BrightFarms grows produce near cities - shortening supply chains like trees growing where water concentrates rather than where rai...

Private

Brilliant

EdTech - Online Learning

STEM learning platform Brilliant uses spaced repetition and active problem-solving - knowledge consolidation mimics sleep-dependent memory formation i...

Private

Brinker International

Restaurants

Operates like a honeybee colony with 1,600+ hives, each restaurant a standardized cell executing the same choreography. Digital ordering channels act...

Bristol Myers Squibb

Biopharmaceuticals

Bristol Myers Squibb operates biopharmaceuticals with first-mover advantage in cancer and cardiovascular therapies. Vertical integration across drug d...

sp500

Britannia Industries

FMCG

India's biscuit banyan with century-old roots sinking into every neighborhood kiosk. Mass produces treats with termite-mound efficiency—each factory a...

nifty50, bse sensex

British American Tobacco

Tobacco

British American Tobacco's 2024 results reveal an organism in mid-metamorphosis: combustibles revenue down 5.2%, New Categories up 8.9%, with Velo nic...

ftse100

British American Tobacco Kenya

Tobacco

Survives Kenya's tightening regulatory climate like a desert cactus—storing value in premium brands while shedding volume. Each tax increase triggers...

nse-kenya

British Home Stores (BHS)

Retail

BHS's 2016 collapse after sale to serial bankruptcy specialist Dominic Chappell demonstrates how ownership changes can accelerate death. Philip Green...

Defunct

Britishvolt

EV Batteries

Britishvolt's 2023 bankruptcy ended UK hopes for domestic EV battery production. The startup had promised a gigafactory but couldn't secure sufficient...

Defunct

Brixmor Property Group

Retail Real Estate

Shopping center coral reef where retail tenants form symbiotic clusters—grocery anchors draw foot traffic that feeds specialty shops. Each property en...

Broadcom

Semiconductors & Infrastructure Software

Broadcom's market capitalization crossed $1.5 trillion in late 2025—the biological equivalent of a blue whale achieving dominance through strategic ho...

sp500, nasdaq100

Broadstone Net Lease, Inc.

Net Lease Real Estate

Attaches to corporate tenants like a remora to sharks—collecting rent while they handle operations. Net lease model mirrors cleaner-fish mutualism: la...

Brookfield Asset Management Ltd.

Asset Management

Operates like a Portuguese man-of-war—specialized divisions for real estate, infrastructure, renewables, each a distinct organism sharing resources. A...

Brookfield Renewable Partners

Renewables

Harvests energy like photosynthetic plankton across oceans—hydro dams capture flowing water, wind turbines drink atmospheric currents, solar arrays tr...

Brookline Bancorp, Inc.

Regional Banking

Brookline Bancorp is a bank holding company serving customers throughout New England with a full range of banking services. Through its bank subsidiar...

russell2000

Brooklinen

Home & Sleep

Bypasses retail middlemen like a cuckoo evicting host eggs—placing DTC sheets directly in consumer nests. Premium cotton signals quality without depar...

Consumer Discretionary

Brooks Automation

Automation & Robotics

Automates semiconductor fabrication like leafcutter ants farming fungus—robotic systems cultivate wafer gardens in cleanroom conditions. Life sciences...

russell2000

Brooks Brothers

Retail - Apparel

Brooks Brothers' 2020 bankruptcy ended 202 years of American menswear tradition—the oldest clothing retailer in continuous operation in the United Sta...

Defunct, Bankrupt

Brookstone

Specialty Retail

Brookstone's 2018 bankruptcy and mall store closures ended a gadget retailer that pioneered experiential shopping - massage chairs and electronic gadg...

Defunct

Brown & Brown, Inc.

Insurance

Insurance broker acting as prairie dog sentry—scanning market for threats while clients focus on business. Aggregates risk pools across industries, sp...

sp500

Brown-Forman Corporation

Alcoholic Beverages

Ages whiskey like oak trees storing carbon—locking liquid in charred barrels for years while competitors chase quick returns. Jack Daniel's acts as te...

sp500

Bruker

Life Sciences Tools

Builds scientific instruments that echo-locate molecular structures—mass spectrometers and NMR machines bouncing signals off atoms like bats mapping c...

Brunello Cucinelli

Luxury

Italian cashmere peacock displaying absurdly expensive plumage—$3,000 sweaters signal wealth through impractical luxury. Hand-finished garments in Umb...

Brunswick Corporation

Marine Recreation Products

Marine and fitness conglomerate shifting between environments like an octopus—boat engines, bowling equipment, billiards, fitness gear. Each division...

russell2000

Bryn Mawr Bank Corporation

Regional Banking

Bryn Mawr Bank Corporation is a bank holding company providing full-service retail and commercial banking, trust, wealth management, and insurance ser...

russell2000

BT Group

Telecommunications

BT Group is executing autophagy at infrastructure scale. Revenue dropped 2% to £20.4 billion in fiscal 2025, but adjusted EBITDA rose 1% to £8.2 billi...

ftse100

BTG Pactual

Investment Banking

BTG Pactual hunts deals across Latin America—M&A, capital markets, asset management. They're financial predators specialized in emerging markets, expl...

bovespa

BUA Cement

Cement & Construction Materials

BUA Cement grinds limestone into powder for Nigeria's construction boom—chemical transformation that binds buildings together. Like reef-building cora...

nse

Buck Mason

Retail & E-commerce

Menswear brand spinning basics with spider-silk precision—premium t-shirts and henleys sold direct without middlemen. Venice Beach stores act as hive...

Buffy

Home & Sleep

DTC bedding brand stuffing comforters with recycled plastic bottles—turning ocean waste into eucalyptus-fiber cocoons. Bypasses retail like hermit cra...

Consumer Discretionary

Bühler Group

Food Processing Equipment & Technology

Swiss food processing machinery builder—milling wheat into flour, sorting cocoa beans, extruding pasta with industrial precision. Equipment acts like...

Buick

Automotive Manufacturing

GM's aging comfort elephant targeting Chinese middle-class and American retirees—slow-moving, reliable, built for endurance over speed. Quiet cabins a...

Private

Build-A-Bear Workshop

Specialty Retail

Retail bowerbird where kids construct personalized teddy displays—selecting fur, outfits, sounds to signal affection. Each bear becomes kin-proxy, a s...

nyse

Builder FirstSource

Building Materials Distribution

Supplies homebuilders like leafcutter ants delivering pre-cut materials—lumber, trusses, panels arriving job-site ready. Warehouse network mirrors ter...

sp400

Builders FirstSource

Building Products

Supplies homebuilders like leafcutter ants delivering pre-cut materials—lumber, trusses, panels arriving job-site ready. Warehouse network mirrors ter...

sp500

Bukalapak

E-commerce

Indonesian e-commerce reef connecting millions of small sellers with buyers—each merchant a polyp extending tentacles into archipelago markets. Networ...

IDX:BUKA

Bumble Bee Foods

Food Processing

Bumble Bee's November 2019 bankruptcy collapsed the second-largest canned tuna producer in America. The company pleaded guilty to price-fixing in 2017...

Defunct

Bumble Inc.

Media & Technology

Dating app where females initiate like spotted hyena matriarchies—reversing mammalian courtship norms. Women message first, filtering mates before mal...

Bunge Limited

Food Products

Agricultural trader moving grain across continents like wildebeest migrations—buying surplus from Brazilian soy fields, shipping to protein-starved ma...

sp500

Bungie

Gaming

Game studio building immersive worlds like bowerbirds decorating elaborate nests—Halo and Destiny universes attracting players through environmental s...

Gaming, Entertainment

Bunnings

Home Improvement

Australian hardware empire sprawling like beaver colonies—each store a dam controlling DIY watersheds. Weekend sausage sizzles act as territorial mark...

Burberry

Luxury Fashion

British luxury peacock displaying heritage plumage—trench coats and check patterns signaling old-money taste. Brand dilution in 2000s triggered costly...

ftse100

Burlington Stores

Off-Price Retail

Off-price vulture circling department store carcasses—buying overstock, canceled orders, last season's merchandise at 40% off. Treasure-hunt model tur...

nyse

Busuu

EdTech - Language Learning

Language app teaching like songbird juveniles—learners practicing phrases with native speakers, mimicking pronunciation through repetition. Community...

Chegg-Owned

Buyk

Quick Commerce

Quick-commerce mayfly promising 15-minute delivery—hyper-dense micro-warehouses burning cash to saturate neighborhoods. Collapsed after months like an...

BuzzFeed News

Digital Media

BuzzFeed News' 2023 shutdown demonstrates how serious journalism couldn't survive when supported by viral content that stopped generating revenue. The...

Defunct

BuzzFeed, Inc.

Media & Entertainment

Digital media dandelion shooting clickbait seeds into social winds—listicles and quizzes engineered for viral spread. Peak traffic mirrored epidemic c...

BWX Technologies, Inc.

Nuclear Technology & Services

BWX Technologies is a leading supplier of nuclear components and fuel to the U.S. government and provides technical and management services to support...

russell2000

Bybit

Cryptocurrency

Crypto exchange dangling derivative lures—100x leverage hooks attracting speculative fish. Perpetual swaps mimic traditional finance instruments while...

crypto, blockchain

BYD

Electric Vehicles/Batteries

Vertical integration from lithium mining to final assembly creates a closed industrial metabolism comparable to nitrogen-fixing bacteria that control...

BYD Company

Automotive

BYD is a global leader in electric vehicles and rechargeable batteries, pioneering the transition to sustainable transportation with vertically integr...

hangseng, csi300

Byju's

Education Technology

Indian edtech python that swallowed competitors whole—acquiring WhiteHat Jr, Aakash, Epic for billions. Sales tactics mimicked cuckoo parasitism: aggr...

private

Byjus

Education

Indian edtech python that swallowed competitors whole—acquiring WhiteHat Jr, Aakash, Epic for billions. Sales tactics mimicked cuckoo parasitism: aggr...

private

BYLT Basics

Retail & E-commerce

BYLT sells premium basics—drop-cut tees engineered for fit and durability. They occupy the quality tier above fast fashion but below luxury, targeting...