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How a $50 Million 😨 Rejection Killed a 9,000 Store Empire
In 2000, two men walked into Blockbuster’s headquarters and offered to sell their small company for fifty million dollars. Blockbuster said no. That company was Netflix. Ten years later, Blockbuster was bankrupt, buried under nearly a billion dollars in debt. Today only one store remains, in Bend, Oregon. This is how the biggest video rental ...
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