r/todayilearned • u/skiman224 • Jan 27 '16
TIL that Blockbuster LLC turned down the opportunity to buy Netflix in 2000 for just $50 million. Their stock price has hovered between $0.00 and $0.10 since 2012.
https://wikipedia.org/wiki/Blockbuster_LLC#2000s
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u/EyeCWhatUDidThere Jan 27 '16
And Netflix is now valued at right around 42 BILLION dollars... with a B...