Great Business Stories

← Great Business Stories15. Juli · 31 Min.

BlockBuster: The Men & Moments Behind Its Rise and Fall

BlockBuster: The Men & Moments Behind Its Rise and Fall15. Juli31 Min.

<p>There are so many great characters in this story — I dig into the founder, David Cook, a guy who sold the business for $12 million but could have made $300 million if he&#39;d stayed on for just a few more years. And then Wayne Huizenga, the guy who turbo-charged the business, after building his first fortune in the rough and tumble of the waste management business in the 70s and 80s. There&#39;s the now legendary meeting where Blockbuster&#39;s executives had the chance to buy a fledgling company called Netflix for $50 million but more or less laughed the Netflix founders out of the room. And then, as I&#39;ve come to expect, Carl Icahn makes an appearance and bullies his way into the business, but makes a complete mess of it. It&#39;s a cracking story — enjoy.</p>