Give the past Example of an Entrepreneurship where Product was the best in the market but yet the Business failed due to bad marketing or operations ??
Anonymous 3
Stealth • 2m
Blockbuster had the chance to buy Netflix for peanuts. They had a better product – everyone loved going to the video store. But they refused to adapt to streaming, and their operations stayed stuck in the 90s while Netflix took off. RIP Blockbuster.
0 replies
More like this
Recommendations from Medial
Inactive
Stealth • 3m
How Netflix started ?
The $2 Billion Mistake: Blockbuster's Netflix Blunder
How does a single decision reshape an entire industry?
In 2000, Netflix offered to sell to Blockbuster for $50 million.
Blockbuster laughed it off.
Fast forward:
2002:
How Blockbuster's One Offer Almost Killed Netflix!
So Blockbuster was founded in 1985 as a movie DVD rental company. They had huge stores, stocks of all movies, and movie reviews from their employees.
It was good place to shop at but the pain point
See More
4 replies6 likes
Havish Gupta
Stealth • 6m
Vote for the next series!
1) Analysis of top Y combinater funded startups (even international)
2) How X company beated their competition. For eg: Netflix and Blockbuster
3) Top bootstrapped Startups. Like Zoho, Zerodha
4) Best buisness stretegy
See More
4 replies7 likes
Jaswanth Jegan
Stealth • 5m
"Netflix lost almost a Million Subscribers"
Bankruptcy to Billions #7
Netflix turnaround from significant crisis
In 2011 Netflix announced a change in its pricing and subscription plans. Initially customers could subscribe both DVD rentals and str
Which ott platform do you use the most? And WHY ?? Prime had a lot of complaints in its comments about renting system and netflix has been rated by a lot lesser people Than I thought by taking its popularity in consideration (is it even used by many?
See More
5 replies5 likes
AKSHAT VARAHAGIRI
Stealth • 5m
An HR professional recently stayed at the Taj Mahal Hotel in Mumbai and was surprised to find a dog sleeping peacefully at the hotel's entrance. Rubi Khan’s curiosity about the dog’s presence prompted her to inquire about it with the staff. They info
The Billion-Dollar Secret No One Talks About: Timing Over Talent
When Uber launched in 2009, it wasn’t the first ride-sharing app.
Apps like Sidecar and Taxi Magic already existed.
But they didn’t take off.
When Instagram came out in 2010, it wasn’
See More
4 replies5 likes
Hello
Stealth • 4m
Hello everyone, Looking for technical co-founder
We've just surpassed 5k users from countries like Russia, Ukraine, Brazil, USA, Kazakhstan, and more in just 4 weeks. Currently, i'm using WhatsApp channels and groups as an MVP, and the demand has e
𝗧𝗵𝗲 𝗟𝗲𝗮𝗻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗠𝗲𝘁𝗵𝗼𝗱𝗼𝗹𝗼𝗴𝘆: 𝗠𝗼𝘃𝗲 𝗙𝗮𝘀𝘁 𝗼𝗿 𝗚𝗲𝘁 𝗟𝗲𝗳𝘁 𝗕𝗲𝗵𝗶𝗻𝗱 🚀
.
Ever wondered how some startups just take off like a rocket 🚀 while others stay stuck on the launchpad? It’s all about The Lean Startup M
Did you know?
The founders of Instagram originally built an app called "Burbn" which had check-ins, scheduling, and the ability to earn points and post photos. It was complicated and cluttered.
But users only loved ONE feature...
Photo-sharing.
S