To those who have been in the market for a while, what are some companies that haven't achieved success, yet say more than 10 years ago everyone thought they would be great companies?
Apologies if the title does not fit quite right. My thoughts are for every Microsoft there are a number of other software companies that did not make it big yet seemed to be poised to lead the pack. For every Amazon, there are other e-commmerce companies which might have been equally as good if not better that didn't make it.
Here I do not mean the companies that didn't necessarily make sense (selling the ability to send scents over the Internet or beanie babies that were hyped by a bubble). More like say AOL and how it lost search to Google kind of companies that you might know.
Thank you
[link] [comments] https://www.reddit.com/r/stocks/comments/16sztfa/notsurvivor_bias/
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