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What happened to Commodore?

Commodore was an American manufacturer of home computers and electronics. The company, which was founded by Jack Tramiel and Manfred Kapp, was a major player during the burgeoning PC market of the 70s, 80s, and early 90s. Commodore failed to keep pace with advancements in personal computing, which opened the door for IBM and Apple. This lack of innovation was no doubt caused by the appointment of a CEO who cut research and development...

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What happened to Pebble?

Pebble was a smartwatch developed by Pebble Technology Corporation and was the brainchild of Eric Migicovsky. After initial success, the company ran out of funds and had to declare bankruptcy after almost four years in operation. The watch was funded by a $10.3 million Kickstarter campaign – the largest such campaign at the time – with the first watches shipped to backers by January 2013. Approximately 400,000 units were sold in...

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Why Hertz Went Bankrupt? What Happened To Hertz In A Nutshell

Hertz is an American car rental company founded by Walter L. Jacobs in 1918 becoming one of the largest car rental organizations in the US, crippled by the coronavirus pandemic in the end as high levels of existing debt meant the company could not survive a downturn and competitors such as Uber and Lyft rose to prominence, Hertz had less revenue to service its debt-fronted business model. Background Hertz is an American car rental...