Remove 2003 Remove social media Remove Taxes
article thumbnail

Killing Strategy: The Disruption Of Management Consulting

CB Insights

As a result, the company’s web traffic and sales conversion rates were lower than its competitors’ rates; its social media presence was limited; and its existing CRM tools failed to capture online insights to help the company better engage consumers.

article thumbnail

Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. And in the short-term, that would have looked like a good deal, as the social media site hit its peak in 2007 at a value of about $12B. Date: March 20, 2003. Don’t fail.

Google 76
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. went public in March of 2017 at a $25B valuation, it was the second-highest valuation at exit of any social media and messaging company since 1999. When Snap Inc.

Lending 78
article thumbnail

When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

ViewSonic Airpanel Smart Display V110, Microsoft (2003). P’zone, Pizza Hut (2003). Wave was an ambitious platform designed to keep people connected as a combination text and social media platform. Nokia N-Gage, Nokia (2003). Back in 2003, we weren’t all playing games on our phones.