Remove 2004 Remove Online Remove social media Remove Taxes
article thumbnail

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

Jeff For Banks

percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Will it be retail commercial real estate, as the pandemic accelerated our preference for online shopping making zombie mall owners desperately looking for alternatives?

FDIC 78
article thumbnail

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

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. Zynga and OMGPOP.

Google 76
Insiders

Sign Up for our Newsletter

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

article thumbnail

11 Lessons From Startup Chapter 11s

CB Insights

The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. — Ben Kaufman, founder, Quirky. It tried to start manufacturing its own clothes.

Apple 78
article thumbnail

The Curious Case For Breaking Up Tech Giants

PYMNTS

And that we should do that not because they’re tax evaders or evil — all things he said they, like all of us, are. A Google search directed me to an online merchant that sent them to me (from Italy) four days later. They examined anonymized tax data starting in the 1940s until 2015. In 2004 in the U.S.,

Google 148
article thumbnail

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

CB Insights

SPOT Watches, Microsoft (2004). MSN was no one’s favorite web portal, and by 2004 there were many better ways to get stock quotes, weather, and other information than through this clunky watch. Enter the Nook, their attempt at staying relevant and maybe even reclaiming some of their lost market share from the online retailer.

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. Thiel became an outside board member with his $500K seed investment in Facebook in 2004. Today, JD.com continues to grow and take a greater share of the B2C online shopping market in China.

Lending 78