Worst Company Disasters! | Top 6 Blunders
5,650,498
Published 2016-09-02
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Sources:
Excite
www.todayifoundout.com/index.php/2013/03/excite-ha…
Kodak
mashable.com/2012/01/20/kodak-digital-missteps/#bT…
www.google.com/patents/US4131919
Nasa
edition.cnn.com/TECH/space/9909/30/mars.metric.02/
Blockbuster
www.cnet.com/news/blockbuster-laughed-at-netflix-p…
Nokia
www.linkedin.com/pulse/nokia-ceo-ended-his-speech-…
www.theinquirer.net/inquirer/news/2465691/nokia-to…
Xerox
www.businessinsider.com.au/xerox-was-actually-firs…
history-computer.com/ModernComputer/Personal/Alto.…
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Baths - Somerset
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Chase Dobson - Sombriata
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Haven - Remember
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All Comments (21)
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I am actually surprised that Netflix hasn't made a documentary on their struggle. That board meeting where Blockbuster laughed them out would be so funny to watch.
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How frustrating could have been for the engineers that developed the technology of the future at Xerox, with their bosses and directives having absolutely no clue of what they have in their hands.
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A couple of these, like in the case of Netflix and Google, are pretty much "in hindslght" moments, where the reasoning at the time was sound, but then things took a turn they never expected. It's the ones like with Kodak and Xerox that are the real blunders. Seeing the Alto commercial and knowing that it was made in 1973 brought chills up my spine.
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Xerox and Kodak both from the same small city - Rochester, NY. It's incredible the technology that they came up with from such an unexpected location. Had things been different, Rochester would have been a huge global tech hub.
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For Blockbuster it's amazing how much damage one person with one stupid mind-frame can cause.
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The Xerox one is insane. They had the skeleton key for the entire computer industry and had no idea. Wonder who the R & D people were? That is radically advanced for 1973.
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Holy crap! Xerox's "computer" was amazing! Far ahead of its times! They were sitting on a goldmine!!!
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One of my favorite memories growing up was going Friday nights to Blockbuster with my family to rent movies. I am bummed my kids will not get to have that experience.
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Xerox basically gave away everything from the modern computing environment. The GUI interface, networking and email. The three things that created the modern information technology revolution.
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What I wan't to know is who the Engineers were that created that Xerox computer because they are the real genius here.
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While I love technology, I do miss a lot of things about life before it. Going to Blockbuster, searching for the videos, getting the popcorn, candy, and soda, running at the last minute to return the movie. It was good to get out of the house for mundane errands.
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Man, its just mindblowing to see how clear opportunities sliped past the fingers of such powerful companies!
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Sears could be on this list. They were the Amazon of their time. You could buy anything from them (houses, cars, anything). Instead of eliminating their printed catalog (where you could order anything delivered directly to your door), if they had merely converted it to an online catalog (basically what Amazon is now), they might still be the biggest retailer in America.
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They had a computer like that... In 1973 ?????!!! Mind completely blown....
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You aren't tested until a company you own and believe in is down 30-40-50% from its highs. You will question your conviction, your strategy, your process. The market has a way of finding your breaking point. Nothing tests your conviction like falling stock prices
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The problem with the "x failed company passed on the chance to buy y wildly successful company" thing is that there's no guarantee that y becomes successful under the management of x, or indeed that x wouldn't drive y into the ground like it did to itself.
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I thought why the hell nokia wasn't number 1. then he explained xerox. and then . . . oh FUCK . . .
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Xerox is just that kid who does all the work in the projects but isn't mentioned in the presentations.
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its funny that, at the same interview, Jobs says that PARC showed him "a way to share files", but he was so amazed by the GUI that he simply didn't listen to that part of the meeting . That "way to share files" was nothing more than the Ethernet standard. So PARC simply developed everything that made computing viable to all today, and due to boardstupids didn't manage to get a piece of the cake they baked
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I rarely watched Youtube, except to see instruction manuals and laugh at... whatever, pirated movie clip were being shown. Your videos are incredibly researched, wonderfully narrated, and are more insightful and honest than podcasts. I admire how much effort you spend on each video and how you utilize this medium to express information.. You, singlehandedly matured Youtube, continually raise the bar for educational narration and content, and make this medium better than college.
