For example Kodak. We watched that company commit suicide in front of our eyes, and everybody could see that they were destroying the company on purpose.
Didn't Kodak invent digital image capture and refuse to go the creative destruction route and kill off film? OTOH, KODK has traded at ~$4/share for the last few months. Perhaps look at it through the GME lens?
Didn't Kodak invent digital image capture and refuse to go the creative destruction route and kill off film? OTOH, KODK has traded at ~$4/share for the last few months. Perhaps look at it through the GME lens?
https://finance.yahoo.com/quote/KODK?p=KODK&.tsrc=fin-srch
Yes.
I know the guys that worked on the first digital camera and have held some of the prototypes.
Yes I'm an old guy.
Management was horrified by the idea of a digital camera and killed it and let competitors ruin their film business.