These were some of the stupidest decision 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.
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.
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.
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.
But the company didn’t release it and neither invested in the new technology in a misconception that it would affect its film business.
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.
Later Telephone created by Alexander Graham Bell ruled the American Telecommunication for a century.
'You and only you are responsible for your life choices and decision'