In 2001, Netflix begged Blockbuster to buy them for $50 million.
But Blockbuster laughed at them.
Today, Netflix is worth over $350 billion—and no one remembers Blockbuster.
Here’s how that rejection ignited one of the greatest business comebacks
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Anonymous 5
Hey I am on Medial • 3m
Bro imagine refusing to adapt...no wonder they lost
Imagine you lost every rupee and every asset you have, how would you rebuild your life from scratch?
Remember you have no capital to start a business. You also have no Job. What steps would you take to bounce back up?
Crazy how the app is not even able to update just my pfp, no wonder they got schooled so well, hopefully this changes no information I provide is getting saved
Brutal Truth: A Good Product Isn’t Enough For Startups !
Many of these first time founders usually get lost in this journey of making the perfect and most unique product, that they forget to understand that building a good product is just the first
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5 replies2 likes
Vijay Gupta
Jumping from one sta... • 2m
Dropped 12 startup ideas. Due to reasons like competitors, regulatory, no PMF, etc.
Feeling completely lost !
“Your parcel is on the way…”
3 days later: Still no sign. Still “in transit.”
Now imagine if your doctor, chef, or boyfriend worked the same way.
We did. And we made a meme series about it.
And then… we built @ShipdeHop to fix it.
Because real peo
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1 replies7 likes
Gokul Gk
Building @Raploid, ... • 4m
I wonder how Medial makes money and what is the business model!?
And how do they manage to raise $500k usd