Remove 1998 Remove 2000 Remove Application Development Remove Engineer
article thumbnail

Organization That Failed to Innovate – Avoid Their Fate

ReadWriteStart

Ironically, the founder of Netflix, Reed Hastings, made an offer to Blockbuster to buy out Netflix for $50 million in 2000. In 1998, Google founders were ready to sell it to Yahoo for USD one million — but Yahoo refused the opportunity. As well, Yahoo didn’t care to build a robust search engine feature on its platform.