Ep.291 The Blockbuster Meeting That Cost $150 Billion

In 2000, Blockbuster was untouchable — 6,000 stores, billions in revenue, and a business model built on late fees. Then Netflix walked in with a $50 million offer to be acquired. Blockbuster laughed them out of the room. Two decades later, Blockbuster is a memory, and Netflix is worth more than $150 billion. This episode unpacks one of history’s most expensive laughs — how comfort disguised as confidence kills innovation. Dominance isn’t protection; adaptation is. The companies that survive a...