📉 rise and fall
10 min read
The $150 Billion Text Message: How Nokia's CEO Laughed at the iPhone and Lost Everything
In 2007, Nokia's CEO watched Steve Jobs unveil the iPhone and dismissed it as a toy. Seven years later, Nokia's phone business was sold for $7.2 billion — a company once worth $303 billion had vanished.
NokiaRise & Fall+2
Mar 9