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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. In the early 2000s, venerable retailers Sears and Kmart began losing ground to Walmart and Target, with Kmart even filing for Chapter 11 in 2002.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

It also owns 50 subsidiary companies that have 200 more subsidiaries themselves, including Geico (acquired in 1996), Dairy Queen (1997), and Fruit of the Loom (2001). You only find out who is swimming naked when the tide goes out.” ( 2001 ). America is not in decline—it’s becoming more and more efficient. Global economics.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Demonstrating sales is a necessity for retail startups, especially those operating in the intensely competitive food vertical. At the heart of the scandal was Hampton Creek’s flagship product, a dairy-free mayonnaise called Just Mayo that was sold at Kroger, Safeway, and Walmart, among other retailers. Total Funding: $240M.

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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

Later, the retail giant sold its entire e-commerce operations in China to JD.com. That was when he approached Capital Today, pitched his vision of a “full-service online retailer,” with a focus on logistics, and asked for $2M. in market value was lost in the crash — NASDAQ lost half of its entire value in 2001 alone.

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