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In 2001, Borders thought e-
books were not important.
They outsourced it to Amazon.
In only 10 years, Borders
became bankrupt, laying off
10,700 people,

While Amazon is worth $150
Billion.
In 2000, Blockbuster was
offered to buy Netflix for
$50 Million
In only 10 years,
Blockbuster becomes
bankrupt.
While Netflix worth $20
Billion.
Kodak is famous for
inventing the first film-less
digital camera in the world.
It is also famous for
becoming bankrupt
because they didn’t invest
in it.
History Lesson: Startups Can KILL.

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