The businessman points out in an interview that, as an investor, he has been wrong on several occasions, evidencing that not all decisions are always correct, and argues that in his professional career, he has been wrong in dealings and investments.
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Arturo Elías points out that he did not consider the investment within the project by pointing out that it would be an application similar to Instagram.
Snapchat has become one of the main digital messaging applications, with a user base of more than 3 billion.
Blockbuster decided not to buy Netflix early on, as the streaming platform now dominates digital understanding.
In the business world, there are several times when a decision can mean resounding success or be an emotional burden that can considerably affect the promise of the future; however, as in most aspects of daily life, decisions play a fundamental role in the development of individuals, such is the case of what he comments Arturo Elías Ayub, who points out that although he feels experienced in business as a successful businessmanthere are opportunities that are missed and narrates how it was that he lost the authority to invest in Snapchat.
Arturo Elías Ayub narrates how he lost the opportunity to invest in Snapchat
The businessman points out in an interview that, As an investor, he has been wrong on several occasions, showing that not all decisions are always correct, and argues that in his professional career, he has made mistakes in negotiations, in entering the wrong businesses and in not entering very good businesses, it is at this point that Arturo explains that in his book there is an anecdote in which he tells that received an invitation to invest in a digital application.
@podcast_t0p Full chapter on Spotify Juanpa Zurita 🎌 #snapchat #inverted ♬ original sound – Podcast_T0p
Arturo Elías, comments that some time ago he received the invitation to participate in the development of a digital image application, by a developer that was just beginning, to which the businessman says that I did not assert, considering that the proposal was something similar to the famous Instagram applicationin addition to considering that they were asking for a lot of money to enter the project, without knowing that this app would become Snapchatand in one of the main digital applications of content in photography, being direct competition of Instagram and some other digital messaging platforms.
Snapchat
Snapchat is today one of the most used digital messaging applications in the world, data provided by Statisticalpoint out that the social network exceeded in the past months the figure of 3 billion users per day, since this has become one of the favorites, for community interaction, with photos, videos, multimedia content and augmented reality.
Bad investment decisions
In the business world, decisions have been made that have not resulted in the best strategies, within these there are two moments that remain to this day as the great failures, by some companies, being the most recent and popular, the refusal of BLOCKBUSTER, to buy Netflix in its beginnings, since as we all know, a company that today Netflix is one of the streaming platforms that dominate entertainment within digital channelsLikewise, the decision made by Channel 5 of open TV to not buy The Simpsons for its regular programming has remained in the imagination of Mexicans, this being one of the recurring gems of its direct competition TV Azteca.
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