Why Did These Famous Companies Fail?

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Nokia

BlackBerry

Kodak

Yahoo

Friendster

They were once dominant but eventually fell from the top due to various reasons like poor leadership, ignoring innovation, or market shifts.


Nokia - Why big companies fail

Nokia – Missed the Smartphone Shift

Once the king of mobile phones, Nokia underestimated the rise of smartphones. By clinging to outdated software (Symbian) and ignoring Android, it lost ground to Apple and Google—fast.

BlackBerry – Couldn’t Let Go of the Past

BlackBerry’s physical keyboard was iconic, but its refusal to fully embrace touchscreen tech made it feel outdated. Security-focused, but not consumer-focused, it got left behind as iPhones and Androids took over.

Kodak – Invented the Future, Then Ignored It

Kodak actually invented the digital camera… but shelved it to protect its film business. That hesitation cost them everything when digital photography exploded.

Yahoo! – A Series of Missed Chances

Yahoo had chances to buy Google and Facebook—both times, it said no. Combine that with weak leadership, a cluttered strategy, and missed product innovation, and it slowly faded from relevance.

Friendster – The Social Network That Could Have Been

Friendster was the original social media platform. But with slow load times, constant crashes, and a clunky user experience, users flocked to Facebook—and Friendster quickly became a digital ghost town.