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0 / 27 Fotos
MySpace and Facebook
- In 2005, Mark Zuckerberg met with MySpace founder Chris DeWolfe to discuss MySpace’s acquisition of his then-fledgling social networking site.
© Getty Images
1 / 27 Fotos
MySpace and Facebook
- DeWolfe reportedly turned down Zuckerberg’s US$75 million ask—a poor decision judging by MySpace’s subsequent demise and Facebook’s meteoric rise.
© Getty Images
2 / 27 Fotos
Real Network and the MP3 player
- It’s very difficult to imagine listening to music on an iPod made by anyone other than Apple. Yet if it weren’t for a pivotal decision by tech company Real Network, that might be our reality.
© Getty Images
3 / 27 Fotos
Real Network and the MP3 player
- Before Tony Fadell teamed up with Steve Jobs to create the new, sleeker MP3 product, he pitched it to his then employer, Real Network. It was only after their rejection that he turned to Steve Jobs.
© Getty Images
4 / 27 Fotos
Blockbuster and Netflix
- At a fateful meeting in Dallas, Texas in September 2000, movie rental company Blockbuster turned down the opportunity to purchase struggling young company Netflix.
© Getty Images
5 / 27 Fotos
Blockbuster and Netflix
- Before Netflix got into streaming and took over the world, it was a DVD-by-mail rental service, which apparently wasn’t attractive enough to former Blockbuster CEO John Antioco.
© Getty Images
6 / 27 Fotos
Excite and Google
- In 1999, Excite was second only to Yahoo in the ranking of dot.com boom search engines. By 2001, it had filed for bankruptcy.
© Getty Images
7 / 27 Fotos
Excite and Google
- In a questionable decision by CEO George Bell, Excite turned down the chance to buy Google for US$750,000.
© Getty Images
8 / 27 Fotos
J.K. Rowling and publishers
- Before 'Harry Potter' was a US$14 billion franchise, it was a pile of handwritten papers that J.K. Rowling was struggling to get published.
© Getty Images
9 / 27 Fotos
J.K. Rowling and publishers
- The first agent she approached gave her a swift "no," and, while the second took her on, it was only as a wild card shot that Bloomsbury agreed to publish.
© Getty Images
10 / 27 Fotos
Ross Perot and Microsoft
- In 1979, a young Bill Gates offered to sell a majority shareholding in Microsoft to the business magnate and founder of Electronic Data Systems, Ross Perot.
© Getty Images
11 / 27 Fotos
Ross Perot and Microsoft
- Although it was actually Perot who approached Gates in the first place, he eventually turned down the ask of US$60 million, as he felt it was too steep.
© Getty Images
12 / 27 Fotos
Digital Research and IBM
- Bill Gates almost missed out too, however, when he turned down the opportunity to license his operating system to IBM and instead pointed them towards Digital Research.
© Getty Images
13 / 27 Fotos
Digital Research and IBM
- Luckily for him, Digital Research asked for too much and IBM came back to Gates.
© Getty Images
14 / 27 Fotos
Xerox and the PC
- In the history of computers there’s Apple, there’s Microsoft, and then there’s the lesser-known Xerox PC.
© Getty Images
15 / 27 Fotos
Xerox and the PC
- The first Xerox Alto machines were introduced in the early 1970s, but there was no market for PCs and Xerox didn’t know what to do with the technology.
© Getty Images
16 / 27 Fotos
Atari and Apple
- As a youngster, Steve Jobs worked as a game designer at Atari. When it came to raising capital for his new computer project, he first approached his boss, Nolan Bushnell.
© Getty Images
17 / 27 Fotos
Atari and Apple
- Bushnell was offered a third of the company for US$50,000—an offer that he likely regrets turning down.
© Getty Images
18 / 27 Fotos
Hewlett-Packard and the computer
- When Steve Wozniak was working for Hewlett-Packard in the 1970s, he tried to get the company excited about his new personal computer project.
© Getty Images
19 / 27 Fotos
Hewlett-Packard and the computer
- When his proposals fell on deaf ears, he turned to Steve Jobs, with whom he pursued the project from a garage.
© Getty Images
20 / 27 Fotos
Kodak and the digital camera
- It could be said that Kodak's decline was an inside job—the digital camera technology that ruined camera film was actually the brainchild of one of the company’s employees.
© Getty Images
21 / 27 Fotos
Kodak and the digital camera - When engineer Steven Sasson first came up with the idea for the technology, he was met with criticism from Kodak, who felt it would threaten traditional film and suppressed it.
© Getty Images
22 / 27 Fotos
Decca Records and The Beatles
- When the four boys from Liverpool approached industry big dog Decca Records for a contract, they were met with a resounding "no."
© Getty Images
23 / 27 Fotos
Decca Records and The Beatles
- Decca felt the era of guitar bands had passed, and so The Beatles signed with EMI instead.
© Getty Images
24 / 27 Fotos
Western Union and the telephone
- When Alexander Graham Bell first sent speech via a gadget he named the telephone, he offered the patent to Western Union for US$100,000.
© Getty Images
25 / 27 Fotos
Western Union and the telephone
- Western Union said "no" to purchasing a device they described as "idiotic." To them, it couldn’t possibly rival the convenience of the telegraph. See also:
The power of simplicity: how one logo built a global brand
© Getty Images
26 / 27 Fotos
© Getty Images
0 / 27 Fotos
MySpace and Facebook
- In 2005, Mark Zuckerberg met with MySpace founder Chris DeWolfe to discuss MySpace’s acquisition of his then-fledgling social networking site.
© Getty Images
1 / 27 Fotos
MySpace and Facebook
- DeWolfe reportedly turned down Zuckerberg’s US$75 million ask—a poor decision judging by MySpace’s subsequent demise and Facebook’s meteoric rise.
© Getty Images
2 / 27 Fotos
Real Network and the MP3 player
- It’s very difficult to imagine listening to music on an iPod made by anyone other than Apple. Yet if it weren’t for a pivotal decision by tech company Real Network, that might be our reality.
© Getty Images
3 / 27 Fotos
Real Network and the MP3 player
- Before Tony Fadell teamed up with Steve Jobs to create the new, sleeker MP3 product, he pitched it to his then employer, Real Network. It was only after their rejection that he turned to Steve Jobs.
© Getty Images
4 / 27 Fotos
Blockbuster and Netflix
- At a fateful meeting in Dallas, Texas in September 2000, movie rental company Blockbuster turned down the opportunity to purchase struggling young company Netflix.
© Getty Images
5 / 27 Fotos
Blockbuster and Netflix
- Before Netflix got into streaming and took over the world, it was a DVD-by-mail rental service, which apparently wasn’t attractive enough to former Blockbuster CEO John Antioco.
© Getty Images
6 / 27 Fotos
Excite and Google
- In 1999, Excite was second only to Yahoo in the ranking of dot.com boom search engines. By 2001, it had filed for bankruptcy.
© Getty Images
7 / 27 Fotos
Excite and Google
- In a questionable decision by CEO George Bell, Excite turned down the chance to buy Google for US$750,000.
© Getty Images
8 / 27 Fotos
J.K. Rowling and publishers
- Before 'Harry Potter' was a US$14 billion franchise, it was a pile of handwritten papers that J.K. Rowling was struggling to get published.
© Getty Images
9 / 27 Fotos
J.K. Rowling and publishers
- The first agent she approached gave her a swift "no," and, while the second took her on, it was only as a wild card shot that Bloomsbury agreed to publish.
© Getty Images
10 / 27 Fotos
Ross Perot and Microsoft
- In 1979, a young Bill Gates offered to sell a majority shareholding in Microsoft to the business magnate and founder of Electronic Data Systems, Ross Perot.
© Getty Images
11 / 27 Fotos
Ross Perot and Microsoft
- Although it was actually Perot who approached Gates in the first place, he eventually turned down the ask of US$60 million, as he felt it was too steep.
© Getty Images
12 / 27 Fotos
Digital Research and IBM
- Bill Gates almost missed out too, however, when he turned down the opportunity to license his operating system to IBM and instead pointed them towards Digital Research.
© Getty Images
13 / 27 Fotos
Digital Research and IBM
- Luckily for him, Digital Research asked for too much and IBM came back to Gates.
© Getty Images
14 / 27 Fotos
Xerox and the PC
- In the history of computers there’s Apple, there’s Microsoft, and then there’s the lesser-known Xerox PC.
© Getty Images
15 / 27 Fotos
Xerox and the PC
- The first Xerox Alto machines were introduced in the early 1970s, but there was no market for PCs and Xerox didn’t know what to do with the technology.
© Getty Images
16 / 27 Fotos
Atari and Apple
- As a youngster, Steve Jobs worked as a game designer at Atari. When it came to raising capital for his new computer project, he first approached his boss, Nolan Bushnell.
© Getty Images
17 / 27 Fotos
Atari and Apple
- Bushnell was offered a third of the company for US$50,000—an offer that he likely regrets turning down.
© Getty Images
18 / 27 Fotos
Hewlett-Packard and the computer
- When Steve Wozniak was working for Hewlett-Packard in the 1970s, he tried to get the company excited about his new personal computer project.
© Getty Images
19 / 27 Fotos
Hewlett-Packard and the computer
- When his proposals fell on deaf ears, he turned to Steve Jobs, with whom he pursued the project from a garage.
© Getty Images
20 / 27 Fotos
Kodak and the digital camera
- It could be said that Kodak's decline was an inside job—the digital camera technology that ruined camera film was actually the brainchild of one of the company’s employees.
© Getty Images
21 / 27 Fotos
Kodak and the digital camera - When engineer Steven Sasson first came up with the idea for the technology, he was met with criticism from Kodak, who felt it would threaten traditional film and suppressed it.
© Getty Images
22 / 27 Fotos
Decca Records and The Beatles
- When the four boys from Liverpool approached industry big dog Decca Records for a contract, they were met with a resounding "no."
© Getty Images
23 / 27 Fotos
Decca Records and The Beatles
- Decca felt the era of guitar bands had passed, and so The Beatles signed with EMI instead.
© Getty Images
24 / 27 Fotos
Western Union and the telephone
- When Alexander Graham Bell first sent speech via a gadget he named the telephone, he offered the patent to Western Union for US$100,000.
© Getty Images
25 / 27 Fotos
Western Union and the telephone
- Western Union said "no" to purchasing a device they described as "idiotic." To them, it couldn’t possibly rival the convenience of the telegraph. See also:
The power of simplicity: how one logo built a global brand
© Getty Images
26 / 27 Fotos
The biggest missed business opportunities in history
Sometimes executives regret not taking risks on certain opportunities
© <p>Getty Images</p>
When it comes to making business decisions, there's always an element of risk. Sometimes taking risks pays off, sometimes it doesn't. Indeed, there are certain stories in the business world that involve executives kicking themselves for not taking a chance.
Check out this gallery for some of the biggest missed business opportunities ever.
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