A Netflix Moment for Virtual Reality in the Workplace

By Steve Grubbs

In 2000, Netflix approached Blockbuster about purchasing their fledgling company. Blockbuster was brick and mortar, and Netflix would be the online arm of the company taking them into the digital age. The price to buy Netflix at the time was $50 million. Blockbuster laughed at the price, and, as they say, the rest is history.

This CNBC chart shows the battle was over 9 years after the fateful meeting.