5 gigantic blunders
Blunders.We all make them sometimes.
Fortunately for us, this is usually not widely publicized.
But sometimes you make a blunder that makes the world news.
Blockbuster rejects Netflix (2000)
In 2000, Blockbuster, then the world's largest video store chain, had the chance to buy Netflix for just $50 million. Blockbuster laughed off the proposal, unable to see the potential of streaming. Fast forward: Netflix is now a giant in the entertainment world, while Blockbuster has almost completely disappeared.