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> - 2010s: Kodak tried to become a Blockchain company, issuing KodakCoin. It was a flop. Its hard not to laugh at that. At least the pivots before that point k
by bawolff 1y ago
> - 2010s: Kodak tried to become a Blockchain company, issuing KodakCoin. It was a flop.
Its hard not to laugh at that. At least the pivots before that point kind of made sense. I guess 2010 came along and the executives just decided to yolo.
- close04 1y ago> At least the pivots before that point kind of made sense. But was this even a real pivot? They "rented" out their name to a company with an already failed crypto coin project, who thought they'll make it if they use a bigger brand. A pivot implies some effort to change the business model, not just literally throwing your name out there and hoping money follows.
- bawolff 1y agohttps://en.wikipedia.org/wiki/KodakCoin https://en.wikipedia.org/wiki/KodakCoin seems to say it was very photography themed and planned to integrate with their stock photo offering. Seems like it was at least integrated with their brand, so it wasnt just a totally random project
- coldpie 1y agoI do not miss the zero-interest-rate days and I hope they never return.
- brianwawok 1y agoI loved my $4 Lyft across town. Was happy to spend VC money...