New Coke lasted 79 days before the original formula returned to the market, although it did set a precedence for all kinds of new Coke flavors down the line. By reformulating Coke's classic taste for the first time in a century, Coca-Cola created a firestorm that it will probably never live down. That was when the company's brass unleashed New Coke onto the market on April 23, 1985. Though the younger folks may not remember this, there was a time when Coca-Cola stepped up to the plate, and struck out in historical fashion. Today, Google is worth around $365 billion. Still, Excite balked at the opportunity, and the rest is history. To put things in perspective, there are cars that cost more than that. It turns out that Excite, which has since evolved into Ask.com, had the chance to purchase Google when it was still very small, and for a meager price of only $750,000. It's difficult to picture, but it was almost the case when Google was still just a young company, incubating in Silicon Valley. Think France wishes they could take that back? Especially when they sold it for less than half of what Kobe Bryant makes in one year? This included most of the Great Plains and portions of the west and Midwest, and all of the resources that came with it. came under control of 828,000 square miles from France. For a bargain of a little more than $11 million, the U.S. Although not strictly a business decision, it was a decision made with numbers on the mind. The purchase itself handed over incredibly vast amounts of territory - filled with untold amounts of natural resources and wealth, ripe for the picking - for an incredible bargain. From the other side, however, it was a pretty big mistake. The Louisiana Purchase, from an American perspective, was a fantastic decision. Read on to see seven of the world's worst business decisions. MISTRUST: 3 reasons millennials don't trust the economy GROWTH: The 10 biggest boomtowns in America An example of this would be Netflix's scuttled plan to split itself into two - which was abandoned after analysts collectively went after the company's leadership. Still, there are other times when bad business decisions can be warded off before the damage is actually done. Others, on the other hand, come off as completely insane and end up proving their worth as exactly that: small, but costly acts of temporary insanity. While sometimes the decisions of business leaders may come off as completely insane, they end up being small acts of genius. The business world is one in which we get to see bad decisions take place, on a very big and public stage, right before our eyes. Though some weigh much more heavily than others, in terms of consequences. The fact is bad decisions are simply a part of life. Hilariously bad decision making on the part of politicians, business leaders, and the growing list of Darwin Award-winners leave many people in a constant fit of giggles and, at the more egregious shortcomings, shock and awe. History is full of blunders and near-misses.
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