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$200 Billion to Zero: The Fastest Fall in Tech History

Proud Ruins

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$200 Billion to Zero: The Fastest Fall in Tech History

169 просмотров · 10 дн. назад
Proud Ruins
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169 просмотров · 10 дн. назад
200 Billion to Zero: The Fastest Fall in Tech History Nortel Networks, once a Canadian national champion and a titan of the telecom industry, saw its market value plummet from an astonishing $260 billion to absolute zero in less than a decade. This video explores the rapid and devastating collapse of a company that built the digital backbone of the internet, leaving 94,000 employees and countless investors with nothing. The story of Nortel isn't just about a tech bubble bursting or corporate fraud; it's a complex tale of how a century-old, conservatively managed innovator, responsible for groundbreaking technologies like the DMS digital switches, succumbed to a flawed understanding of market demand and internal pressures. Its downfall reveals how even the most established giants can be undone by systemic issues and unchecked optimism. What do you remember about Nortel? Share your thoughts in the comments below and subscribe for more stories of corporate rise and fall. nortel techhistory corporatefailure telecom canada businessbubble fraud documentary tech