What are the stupidest decisions ever made in Silicon Valley?

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Anonymous User asked 01-Jan-2018 in Current affair by Anonymous User

What are the stupidest decisions ever made in Silicon Valley?

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Anonymous User answered 12-Jan-2018 by Anonymous User

These were some of the stupidest decision ever made in Silicon Valley:  

What are the stupidest decisions ever made in Silicon Valley?

Ross Perot Refused the offer of Purchasing Microsoft
In the year 1979, Bill Gates offered to sell  Microsoft Corporation to head of Perot's Electronic Data Systems, Ross Perot.
What are the stupidest decisions ever made in Silicon Valley?

The price requested by Bill Gates was $6 to $15 million but Perot’s Electronic media which was then worth around £600m and was even looking forward to purchasing a small computer corporation refused the offer saying amount asked is not appropriate.
What are the stupidest decisions ever made in Silicon Valley?
In an interview conducted by Seattle Times Perot said that refusing the offer by Bill Gates in 1979 was one of the biggest mistakes done by him.

Excite a renowned company in 1990 refused to offer to Google
In the year 1999, Sergey Brin and Larry Page thought of selling google in $ 1 million to Excite Corporation they even lowered the price to $750,000 but Excite refused and paid no interest to the offer.
What are the stupidest decisions ever made in Silicon Valley?
And now I don’t think there is anything that needs to tell about Google Corporation.

Delaying the release of Digital camera by Kodak Corporation
I think many of us were not knowing the fact that it was the Engineers of Kodak Corporation who created the first Digital Cameras.
What are the stupidest decisions ever made in Silicon Valley?

But the company didn’t release it and neither invested in the new technology in a misconception that it would affect its film business.
What are the stupidest decisions ever made in Silicon Valley?

Later when the company released their digital cameras it got too late as competitors like Sony and Fuzi got far ahead in their business.
 
Western Union neglected the most revolutionary deal
In the year 1876, when Alexander Graham Bell patented the first over the telephone he offered his invention with Western Union to sell it but the company refused to pay and humbly said that this device is of no use and is just a toy to be sell in the market.

What are the stupidest decisions ever made in Silicon Valley?
Later Telephone created by Alexander Graham Bell ruled the American Telecommunication for a century.  

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