Worst Company Disasters! | Top 6 Blunders

They had a computer like that... In 1973 ?????!!!
Mind completely blown....

Xerox,the photocopier company, got its technology copied... isn’t that irony or what?

If Exite had bought GOOGLE ,it does not mean it would be the same GOOGLE today.

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.

For Blockbuster it's amazing how much damage one person with one stupid mind-frame can cause.

YouTube is going to do this to themselves with the relentless advertising during videos.

Blackberry sort of went down the same road as Nokia did.

Don't think all CEOs are smart just because they are paid handsomely.

I worked for Kodak for 13 years in Rochester... we saw disaster coming as it happened and couldn't understand WTF management was thinking....

The morons that ran Nokia should have been fired and beaten

In the year 3000 you will find a working Nokia 3310 somewhere out there with battery life.

If my Motorola razor wasn't stolen from hostel in Malaysia back in those times, I'd still be proudly using it these days.

Blockbuster was dope. Miss those days. Having to get there as early as possible after school to get the new release on friday nights.

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.

It's so surreal how Blockbuster Video vanished. To me it's like yesterday when my ex and I used to go there every Friday night to get movies.

To add one more...Panasonic. Panasonic dominated early cell phones.
For those of us old enough to remember Panasonic had been a big name in the 70s and 80's with televisions and Stereos and the advent of personal cell phones in the early 90s was just what they needed to rescue their name from obscurity as Imports at a lower cost and better quality started flooding the stereo/tv markets.
The very first cell phones were all analog and Panasonic's name was on almost all of them!
The engineers a Panasonic realized you could do so much more with digital. They realized you could send text and even very revolutionary... pictures! They took this to the vice president of engineering and he shot it down.
Panasonic remained analog and got eaten alive.

I went to a friend's house in 1976 (or '77) when I was 10 or 11 years old and his dad, a Xerox executive, had brought an ALTO home. I thought that was the. coolest thing ever. I was a poor kid, so we had no hope of getting one, but I spent a lot of nights over at his house, just playing around with that thing. Finally bought my first PC in 1980 with money I saved mowing lawns, for about 1/20th of the price of an ALTO.

The 7/11 dude obliterated blockbuster

Lesson for companies: Dont hire dumbhead executives.

Oh my... I don't know what to say after seeing this. Like, wow... or should I be shocked.