Home > Uncategorized > Blockbuster. Lessons learnt

Blockbuster. Lessons learnt


The least surprising business failure this year is Blockbuster. Surprisingly bought out of administration a few months back, it has collapsed again. Here is a decent article


What do we learn from this? Firstly, as a credit manager, when judging a business you have to look a lot further than the last filed accounts. This is always an issue with credit reporting and why i will stress over and over that such reports are merely the starting point for a decision

And here is the most interesting paragraph

In 2000, Blockbuster’s American parent company, bloated and complacent from the spoils of such success, turned down the chance to buy Netflix for $50m. Today, it is worth an extraordinary $20bn.


Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: