I just watched a video by YouTube channel ColdFusion TV about the worst company disasters.
One story was how Kodak, once a juggernaut in the camera business lost it all by refusing to develop the digital camera, despite have an early patent on the technology.
Kodak considered digital cameras a dead-end.
Another example was how Xerox invented the first desktops with a Windows-like graphical user interface and a mouse. Read More