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Fraudsters Pose As Hurricane Relief Orgs

PYMNTS

Watch out for fake websites and social media pages. Justin Lavelle, communications director of BeenVerified.com and a frequent writer on how to avoid scams, noted that even back in 2005 (practically the dark ages when it comes to the internet), while the U.S. That’s not how charities operate. It happens every time.

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

CB Insights

Date : September 2005. in 2005, the thinking was that enhanced communications technology would help buyers and sellers better connect. Date: August 12, 2005. In a move which the companies themselves referred to as a “merger of equals,” wireless companies Sprint and Nextel worked out a $35B merger in 2005. Price: $2.6B.

Google 76
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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

While still in operation, Google+ is hardly anybody’s favorite social network. Oakley Thump, Oakley (2005). Too expensive ($495 in 2005 dollars), cheap-feeling, weak sound, and terribly unfashionable. The social giant did the same thing in 2011, but shuttered the concept a scant four months later.

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11 Lessons From Startup Chapter 11s

CB Insights

Founded: 2005. The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In January 2019, Munchery abruptly ceased all operations, as it informed customers via email. Dart Music. Earth Class Mail. Declared Bankruptcy: 2011.

Apple 78
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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Series A into Facebook in 2005, taking a 15% stake in what was then called “Thefacebook.”. It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. At the time of the company’s IPO 2014, Apax’s stake was worth about 100x what they paid in 2005.

Lending 78
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Expertise: An experienced operator’s perspective on a problem and the different ways that it can be solved. There’s a complexity to getting these tools operational that compounds at scale. Bain, which has helped hundreds of similar businesses undergo their “digital transformation,” has that deep operator expertise.