Taking Down Iridium
from the you-won't-have-iridium-to-kick-around-any-more dept
The ultimate story in failures, Iridium, has finally decided that are no real potential buyers for the system, and are finalizing plans to destroy the satellites. I still think Iridium is a wonderful case study in what not to do in building a business. From the very beginning everyone explained why it would never work, but that never stopped them from spending their billions.