Biology of Business

R

56 companies

Renault

Automotive

French automaker that formed the groundbreaking Renault-Nissan alliance in 1999, investing $5.4B for a 36.8% stake in near-bankrupt Nissan. Under Carl...

2 mentions

Royal FloraHolland

Agriculture / Floriculture

Royal FloraHolland exemplifies niche partitioning and cooperative infrastructure. The world's largest flower auction, housed in a 12 million square fo...

2 mentions

Ratner's Group

Retail/Jewelry

Gerald Ratner destroyed £500 million in shareholder value in April 1991 with a single sentence. Speaking to 6,000 Institute of Directors attendees at...

1 mention

Reliance Industries

Conglomerate (Energy, Petrochemicals, Retail, Telecom)

India's largest conglomerate with ₹9 trillion (~$110 billion) revenue demonstrates vertical integration as fractal depth. Rather than horizontal brand...

1 mention

Roche Holding AG

Pharmaceuticals/Diagnostics

Roche's $68.3 billion revenue (2024) flows from a mutualistic integration unmatched in pharma: pharmaceuticals ($46.2B) and diagnostics ($14.3B) under...

1 mention

RadioShack

Electronics Retail

RadioShack's slow death across two bankruptcies (2015, 2017) and ultimate liquidation illustrates how an organism can lose its ecological niche withou...

Defunct

RadioShack (Final Bankruptcy)

Electronics Retail

RadioShack's second bankruptcy in 2017—after emerging from the first in 2015—demonstrates how restructuring without transformation delays rather than...

Defunct, Former Fortune 500

Rainier Brewing Company

Beverages

Rainier Brewing's 1999 Seattle brewery closure ended local production of the Pacific Northwest icon. Successive owners (Heileman, Stroh, Pabst) moved...

Defunct

Rakuten, Inc.

E-commerce & Technology

Rakuten achieved 2.3 trillion yen consolidated revenue in FY2024 (+10.0% year-over-year, 28th consecutive year of growth) while Internet Services, Fin...

nikkei225

Rdio

Music Streaming

Rdio's 2015 bankruptcy demonstrates how music streaming platforms face winner-take-most dynamics. Despite superior design praised by critics, Rdio cou...

Defunct

Reckitt

Consumer Goods

Reckitt mastered corporate autophagy in 2024-2025, executing what most consumer goods companies talk about but rarely deliver: selective self-digestio...

ftse100

Red Bull

Beverages

Red Bull sold 12.7 billion cans in 2024 generating €11.2 billion revenue ($11.7B USD), growth slowing to 4.4% volume and 6.4% revenue as the energy dr...

private

Red Hat

Enterprise Software

Red Hat Enterprise Linux generated $6.5 billion in 2025 revenue—nearly double the $3.4 billion IBM paid annually when acquiring the company for $34 bi...

Red Lobster

Restaurants - Casual Dining

Red Lobster's 2024 bankruptcy after 56 years of operation demonstrated how promotional strategies can become death sentences when unit economics break...

Private

Reddit

Social Media

Reddit functions as a colonial organism comprising over 100,000 subreddits, each a semi-autonomous polyp with specialized function, collectively achie...

russell2000

Refco

Financial Services

Refco's 2005 collapse came just weeks after its IPO, when it was revealed that CEO Phillip Bennett had hidden $430 million in bad debt by temporarily...

Defunct

Regional Hospital Partners

Healthcare

Regional Hospital Partners' collapse in 2019 illustrated the private equity model in rural healthcare: acquire struggling hospitals, cut costs, extrac...

Defunct

Relativity Media

Entertainment

Relativity's 2015 bankruptcy demonstrates how film studios can collapse from financial engineering gone wrong. Ryan Kavanaugh's company used complex f...

Defunct

Reliance Communications

Telecommunications

Reliance Communications' 2019 insolvency ended Anil Ambani's telecom ambitions and demonstrated sibling rivalry as business strategy failure. When pat...

Defunct

RELX

Information Services

RELX reported £9.4 billion revenue in 2024, with 7% underlying growth and adjusted operating margin of 33.9%—the highest in its sector. First half 202...

ftse100

Remgro Limited

Investment Holding

Remgro Limited operates as South Africa's apex predator holding company - a strategic capital allocator that doesn't produce goods or services but orc...

jse

Remington Outdoor Company

Firearms Manufacturing

Remington's 2018 and 2020 bankruptcies ended America's oldest firearms manufacturer after 202 years. The company faced declining demand after post-San...

Defunct

Rent the Runway (Decline)

Retail

Rent the Runway's stock collapsed 95% as the fashion rental pioneer couldn't achieve profitability despite pioneering a category. The company faced th...

Declining

Reply

Information Technology

Reply's €2.12 billion 2023 revenue and 15,000 employees operate through a network model of highly specialized subsidiaries, each focusing on distinct...

Repsol S.A.

Oil & Gas

Repsol posted €1.76 billion in net profit during 2024 while simultaneously investing over €1.2 billion in renewable fuels, electric vehicle charging,...

Research In Motion (BlackBerry)

Mobile Technology

RIM/BlackBerry serves as the cautionary tale of staying at depleted patches too long. In 2007, BlackBerry dominated enterprise email with eventual pea...

Revel Casino

Gaming/Hospitality

Revel Casino's 2014 bankruptcy came just 2 years after opening, making it one of the fastest major casino failures. The $2.4 billion Atlantic City res...

Defunct

Revlon (Bankruptcy)

Consumer Goods

Revlon's 2022 bankruptcy demonstrates how legacy beauty brands face disruption from DTC and influencer brands. The 90-year-old cosmetics giant couldn'...

Bankrupt

Revolut

Financial Services/Fintech

European fintech company founded in 2015 by Nikolay Storonsky (former Credit Suisse derivatives trader) and Vlad Yatsenko after Storonsky was charged...

private

Rex Stores Corporation

Retail

Rex Stores' decline from appliance retailer to synthetic CDO holder exemplifies management distraction. The company operated 200+ appliance stores in...

Defunct

Rheingold Brewery

Beverages

Rheingold's 1976 closure ended New York City's last major brewery after the 'Miss Rheingold' beauty contest lost cultural relevance and national compe...

Defunct

Rheinmetall

Defense

€9.75 billion in 2024 revenue (up 36%), €1.48 billion operating profit (up 61%), and a €62.6 billion order backlog that reads like hyperphagia in indu...

dax40

Rightmove

Technology

Rightmove is the UK's largest online property portal. The platform lists properties from estate agents and developers across the country. It dominates...

ftse250

Rio Tinto

Mining

Global mining corporation founded in 1873, demonstrating 150 years of survival through commodity price cycles. The company exemplifies counter-cyclica...

ftse100, asx50

Riot Platforms

Cryptocurrency Mining

Bitcoin mining company operating large-scale mining facilities focused on building the lowest cost production. Develops and operates infrastructure fo...

russell2000

Rite Aid

Pharmacy Retail

Rite Aid is the third-largest pharmacy chain in the United States, operating primarily on the East and West coasts. The company has faced significant...

Bankrupt

Ritz-Carlton

Hospitality

Luxury hotel chain that signals service quality through the $2,000 employee empowerment allowance - any employee can spend up to $2,000 to solve a cus...

Rivian

Automotive - Electric Vehicles

Rivian is an electric vehicle manufacturer focused on adventure trucks and SUVs, with Amazon as largest shareholder.

russell2000

Ro

Healthcare

Direct-to-consumer telehealth company offering online diagnosis and prescription services. Started with men's health, expanded to broader healthcare c...

private

Robinhood

Financial Services/Fintech

American financial services company cited as example of business model contradicting stated mission. Markets itself as 'democratizing finance' but mak...

Roblox

Gaming Platform

Roblox operates gaming platform with multi-sided network effects. More players attract more developers in exponential feedback loops with platform eco...

nasdaq100

Rocky Mountain News

Newspaper

Rocky Mountain News' 2009 closure after 150 years demonstrates how two-newspaper towns became no-newspaper towns. Denver's older paper couldn't surviv...

Defunct

Roku

Streaming Platform

Roku provides streaming platform with two-sided network effects. Platform economics create high-margin advertising with first-mover advantage.

nasdaq100

Rolex

Luxury Watches

Swiss luxury watchmaker that exemplifies intrasexual competition dynamics. Originally positioned as tool watches for explorers (Edmund Hillary's 1953...

Rolls-Royce

Aerospace

British aerospace company that pioneered 'Power by the Hour' (PbH) - a revolutionary outcome-based service model representing organizational mutualism...

ftse100

RTW Retailwinds

Retail

RTW Retailwinds (formerly New York & Company) filed bankruptcy in July 2020, collapsing a workwear retailer that had pivoted too late to survive. The...

Defunct

RTX Corporation

Aerospace & Defense

RTX combines aerospace and defense through vertical integration of engines, avionics, and weapons systems. Economies of scale in military contracts an...

sp500

Ruby Tuesday

Restaurants - Casual Dining

Ruby Tuesday's 2020 bankruptcy was the culmination of a decade-long decline that saw the casual dining chain shrink from 850 locations to under 250. T...

Private

Ruby Tuesday (2020)

Restaurant

Ruby Tuesday's October 2020 bankruptcy was the chain's second filing. The casual dining company had emerged from Chapter 11 in 2018, only to face COVI...

Defunct

Ruby's Diner

Restaurant

Ruby's Diner's October 2018 bankruptcy collapsed a retro 1940s-themed diner chain that had expanded beyond its California base. The company operated 3...

Defunct

Rue La La

E-commerce

Rue La La was sold multiple times at declining valuations: $350 million in 2009 to GSI Commerce, which was sold to eBay, which sold it to Kynetic in 2...

Defunct

Rue21 (Bankruptcy)

Teen Apparel

Rue21's 2017 bankruptcy after expanding to 1,200 locations demonstrates how aggressive expansion can accelerate death. The teen retailer grew into hea...

Defunct

Russian Aviation Sector

Aviation

Russia's aviation sector effectively collapsed in 2022 after Western sanctions following the Ukraine invasion. Airlines operating 515 leased aircraft...

Defunct

RWE

Energy

Energy ecosystems are undergoing adaptive radiation as fossil fuel niches empty and renewable specialists proliferate. RWE generated €24.2 billion in...

dax40

Ryanair

Airlines

Ryanair achieved what theory predicts but few execute: absolute cost leadership creating permanent competitive advantage in commoditized markets. The...

Ryohin Keikaku Co., Ltd. (Muji)

Retail & Consumer Goods

Ryohin Keikaku operates the Muji brand, known for its minimalist, no-brand quality goods philosophy. The company offers a wide range of products from...

nikkei225