Back in the year 2000, Netflix founders Reed Hastings and Mark Randolph were ready to cash out. They offered to sell the company to Blockbuster for a cool $50 million. Blockbuster refused. It’s only been 22 years, but this is already one of the world’s most famous business blunders. Today, Blockbuster is dead and streaming continue reading
Back in the year 2000, Netflix founders Reed Hastings and Mark Randolph were ready to cash out. They offered to sell the company to Blockbuster for a cool $50 million. Blockbuster refused. It’s only been 22 years, but this is already one of the world’s most famous business blunders. Today, Blockbuster is dead and streaming
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