Remove 2001 Remove Innovation Remove social media Remove Technology
article thumbnail

Why The Sweet Smell Of Tech Success Can Be Rife With Failure

PYMNTS

And classic films aren’t the only place where a flop can presage a hit: In fact, many of today’s favorite consumer innovations come care of a failed first iteration that was widely derided before it was praised. In 2001, at the COMDEX Fall computer show, Microsoft ’s then-CEO Bill Gates introduced to the world to the Microsoft Tablet PC.

Video 152
article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. High-tech employment fell from 12.1 percent in 2004, a decline of 1.1 What caused a dot-com bubble?

FDIC 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Microsoft and Nokia. Date: April 25, 2014. Price: $7.9B. Price: $2.6B.

Google 76
article thumbnail

Wave Mechanics: FT Partners Report Highlights Trends Driving Rise of Insurtech

Fintech Labs Insights

It’s a growing, thriving aspect of financial technology that is becoming a category of its own – apart from the world of payments, robo-advisors, and PFM that characterizes much of what we call “fintech.” ” More than half have “already invested” in social media, data mining, and predictive modeling.

Trends 12
article thumbnail

Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

Reports emerged this week that Apple has begun the process of scrubbing the social sphere of all trace of iTunes. So far, all of the social media content from Facebook and Instagram pages has disappeared, though its Twitter account still has content for the time being. See you next Monday!

Apple 122
article thumbnail

When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

Product innovation is one way that large corporations stay competitive in a rapidly changing marketplace, but it doesn’t always work out when big brands attempt innovation. Understanding failure is crucial since so many accounts of innovation focus on the successes and so are affected by survivorship bias.

article thumbnail

From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. What Cerent’s technology did was help connect long-haul communications lines and the local telephone and data network. round, which put Facebook’s valuation at $468M. When Snap Inc.

Lending 78