Imagine Turning Down the Opportunity to Buy Google for $1 Million in '98

Joined
Apr 3, 2014
Messages
71,910
Reputation
17,438
Daps
306,508
Can’t even imagine what other companies have regrets now that certain companies now is worth billions and they passed on them



I'm sure they're not thinking about that 30 years later. Facts are that none of these people are broke and they always have their hands in something else that's generating money for them. All them people are millionaires.
 

lib123

Superstar
Joined
Jun 16, 2015
Messages
9,457
Reputation
908
Daps
19,862
I'm sure they're not thinking about that 30 years later. Facts are that none of these people are broke and they always have their hands in something else that's generating money for them. All them people are millionaires.

Lol if you passed on investing in Google when it was worth $1 million, you're definitely still thinking about it. Magic Johnson still talks about not accepting the shoe deal with Nike offering him equity when it was a startup. Just accepting that deal from Nike would've eclipsed everything else he's done in business.

 

lib123

Superstar
Joined
Jun 16, 2015
Messages
9,457
Reputation
908
Daps
19,862
Didnt Blockbuster have a chance to either acquire or merge with Netflix? Hindsight is 20/20. For every Google you got a million startups that fail. Foresight and knowledge is important but sometimes good ol fashioned luck comes into play.

Yeah Blockbuster could've acquired Netflix for $50 million. But it was easier predict that search would be huge vs Netflix since it was before streaming.

 

Address_Unknown

Jesus Loves you...Your Cat doesn't. {#Dogset}
Joined
Sep 2, 2015
Messages
17,194
Reputation
13,215
Daps
83,399
Can’t even imagine what other companies have regrets now that certain companies now is worth billions and they passed on them​

Blockbuster coulda copped Netflix but felt like Internet movie watching was a phase that would die out, or atleast not be feasible.
I'd want to believe some CEO's got force fed poison off the strength of this erroneous decision.

 
Top