Nokia Was Bigger Than Finland. Then It Lost Everything.

In 2000, one company was worth about 70% of Finland's entire stock exchange. A few years later it was selling close to 4 in every 10 mobile phones on Earth. Then, in barely five years, its phone business was gone. This is the story of Nokia: a paper mill that became a rubber boot maker, almost sold itself to Ericsson, conquered the world with GSM and the 3310, saw the iPhone coming, and still couldn't stop it. And why the company so many people think is dead is now backed by a billion dollars from Nvidia. ⏱ Chapters 00:00 Bigger than Finland 01:23 Paper, rubber and cable 03:23 The year Nokia almost disappeared 05:44 The GSM years 10:05 The phone Nokia didn't launch 11:37 January 9th, 2007 14:02 The burning platform 17:34 What it did to Finland 18:42 The Nokia you don't see 20:42 The lesson 💬 Was Nokia killed by the iPhone, or by itself? #Nokia #BusinessHistory #RiseAndFall