Remove 2000 Remove Application Development Remove Bankruptcy Remove Cost
article thumbnail

Organization That Failed to Innovate – Avoid Their Fate

ReadWriteStart

While employees are often inspired by success stories and case studies of triumphant innovation tales of large companies, the cost of not innovating is often overlooked. Ironically, the founder of Netflix, Reed Hastings, made an offer to Blockbuster to buy out Netflix for $50 million in 2000. Application Development Activity.