From Bankruptcy To Billions: The Rebirth Of HP
HP’s founders used to be hailed as the fathers of Silicon Valley having planted the seeds for what eventually became the most techdominant city in the world. Even Steve Jobs was inspired by HP cofounder Bill Hewlett. But all of this changed when Carly Fiorina became the new CEO in 1999, who became one of the most hated executives in business history. Within a few short years, HP's stock price plummeted, their market share crashed, and over 30,000 employees lost their jobs. This video explores the various missteps that Carly had throughout her tenure which made her legacy so poor, and how HP was eventually able to dig themselves out of this hole and become one of the most dominant PC makers in the US.
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Timestamps:
0:00The Rise Of Carly Fiorina
4:22Cuts & The Merger
6:47The Fall
10:42A New Leader
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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