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What are some notable blunders in history that resulted in huge loss? (lemmy.ml)

submitted 1 year ago by bady@lemmy.ml to c/asklemmy@lemmy.ml

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Loss in terms of money or efforts. Could be recent or ancient.

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[–] wth@sh.itjust.works 9 points 1 year ago

The thing to remember with these examples is that those companies would have royally fucked up their purchases. Big companies always impose a culture and a mindset.

AT&T would definately have crushed the internet with a monopoly - we would have had to use AT&T approved internet devices, and they would have brought long distance type charges to it. Oh so your email is going overseas? That’s an extra 10c.

Same with Google and Netflix. They were all able to continue with the founders vision and create something special.