The Missed Billion-Dollar Mistake No One Talks About 🔥
In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room.
Fast forward — Netflix becomes a $200+ billion behemoth. Blockbuster? A dusty
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Vishu Bheda
•
Medial • 3d
Very very costly mistake that leads to extinction of blockbuster
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:
The Missed Billion-Dollar Mistake No One Talks About 🔥
In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room.
Fast forward — Netflix becomes a $200+ billion behemoth. Blockbuster? A dusty
See More
5 replies26 likes
Ritik Jain
Co-Founder Pillow-Co... • 4m
Winning leads to leveling up.
Leveling up leads to harder opponents.
Harder opponents leads to losing.
Losing leads to learning.
Learning leads to winning.
Just depends what part of the cycle you’re in.
0 replies1 like
Tony Parzival
•
HCLTech • 22d
It's Absolute Beauty How Scientists from colossal Biosciences Resurrected The Dire Wolf Species After 10,000 Years Of Extinction.
5 replies3 likes
Havish Gupta
Figuring Out • 8m
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
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4 replies6 likes
Account Deleted
Hey I am on Medial • 1m
I can't wait for the extinction of smartphones! who wants AR devices, anybody thinking about this big thing! 🤔
Nokia, Kodak, and Blockbuster—all billion-dollar giants that collapsed. What do they have in common? They ignored key elements of the marketing mix." Want to know what those are? Read this detailed blog.
0 replies
Rohan Kumar Karsh
... • 9m
I'm starting my own AI automation agency targeting the e-commerce space. While finding potential leads on Apollo.io, should I choose the retail industry since e-commerce falls under that category, or am I making a mistake? Also, can you people advise