KM Discussion 1: A Failure to Pivot

“An expert is someone who knows some of the worst mistakes that can be made in his subject, and how to avoid them.”
- Werner Heisenberg 



		

Key Takeaways

  • Blockbuster opened its first store in 1985, by 2010 it had filled for bankruptcy.
  • Over those 25 years, Blockbuster saw its market value go from $4.8 billion (as per an IPO initiated by Viacom), to $24 million when it went bankrupt.
  • Blockbuster used to be the world’s largest chain of video rental stores. Today, it is exists as a property of DISH, a satellite television provider.