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

PYMNTS

In 2001, at the COMDEX Fall computer show, Microsoft ’s then-CEO Bill Gates introduced to the world to the Microsoft Tablet PC. Bill Gates famously – or infamously, as it turned out – said that “within five years, I predict it will be the most popular form of PC sold in America.” For example…. The Tablet. The Miss .

Video 152
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Bank of America and Countrywide. For financial giant Bank of America, the $4B acquisition of mortgage lender Countrywide in 2008 probably seemed like a natural way to grow the business. That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network.

Google 76
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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

It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. went public in March of 2017 at a $25B valuation, it was the second-highest valuation at exit of any social media and messaging company since 1999. When Snap Inc. Walmart participated in a $1.5B

Lending 78