From catastrophic decisions to outright fraud, one person can bring down an entire enterprise! Join us as we count down the most spectacular corporate collapses caused by individual hubris, greed, and incompetence. Our countdown includes Elizabeth Holmes, Sam Bankman-Fried, Gerald Ratner, and many more business disasters! We explore how CEOs like John Antioco rejected Netflix’s $50 million offer to Blockbuster, Elon Musk’s controversial Twitter purchase, and Bernard Ebbers’ $11 billion accounting fraud at WorldCom. From Schlitz beer’s mucus-like flakes to Theranos’ non-existent technology, these business blunders changed industries forever. Did we miss a company ruined by one person? Let us know in the comments!
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#Business #CorporateFailures #CEOs #Bankruptcy #Fraud #Netflix #Blockbuster #Nokia #Theranos #FTX #Twitter #WeWork
