Actually, lots of people did."
Well, look no further.
“One time, Red Lobster offered an unlimited [snow] crab leg deal.
Actually, lots of people did so many, they lost millions.”
“Photobucket changed its terms of service back in 2017.
It then required a yearly fee for all those images you previously posted on it for free.”
3.“Quiznos.
The margins got way too high, and all of the stores went out of business.
They shot themselves straight in the foot.”
“Netflix almost bankrupted themselves as they made the transition from DVDs.
“JCPenney tried to stop bullshitting customers, and it backfired.
They said no more sales.
“In 1998, Yahoo refused to buy Google for $1 million.
In 2002, Yahoo [was in talks] to buy Google, but Google wanted more money.
Yahoo refused the offer.
In 2006, Yahoo wanted to buy Facebook for $1 billion, but Facebook backed out.
In 2008, Microsoft offered to buy Yahoo for $44.6 billion, but Yahoo refused.
In 2016, Verizon bought Yahoo for $4.8 billion.”
“Sears ended their catalog/mail-order business in 1993.
Amazon was founded in 1994.”
“On paper, Sears had everything to be the e-commerce retailer that dominated the globe.
By 1985, they had their own credit card, Discover, to rival MasterCard and Visa.
They had their own insurance company in Allstate.
“Kodak completely went under when they chose not to adopt digital photography.
They eventually came back several years later, somehow.”
“A&W created the third-pounder.
It was the same price as McDonald’s quarter-pounder.
“In 2012, after a three-year hiatus in the sport, Lotus F1 team signed driver Kimi Raikkonen.
In doing this, he scored 390 points in two seasons.
He earned 19.5 million off of that bonus alone, which led to Lotus almost filing for bankruptcy.”
It was a major retail chain in the 1980s that collapsed under mismanagement.
Its arguably biggest blunder was firing all of their experienced, better-paid workers for cheaper, inexperienced ones.
Apparently, selling merchandise and keeping customers happy are important in the retail business.
A conversation happened between Amazon and the giant Borders Books.
By 2007, Borders ended its marketing alliance with Amazon.”
“Ayds Diet Candy.
They didnt change their name after the emergence of the AIDS virus.”
It was a completely anonymous message posting app at first.
Obviously, it became a fun anonymous messaging app.
They eventually shut down.”
16.“Vine.
It seemed like the best thing at the time.”
17.“Schlitz.
Throughout the ’60s, it was one of America’s biggest national beers.
didn’t have to be listed as an ingredient.
By the ’80s, it went back to its original brewing process, but the damage was done.”
“Digg was bigger than Reddit until they decided to force changes on the site.
The changes were immensely unpopular to the point where users began posting Reddit links as a way of rebellion.
Digg stuck to their new ways and collapsed.”
19.“Blackberry.
How the mighty have fallen.”
20.“Schwinn.
They made one and called it the Klunker (yes, really).
They then got an Asian company to design a mountain bike for them.
Today, Schwinn is just a brand name someone else owns.”
“MoviePass was a weird one.
Their model was too good to be true.
22.And last but not least, “There was a donut shop by my high school.
They changed their hours to 8 a.m. to 3 p.m. and couldnt make any more money.
They shut down a few months after the change.”
