Lessons from great failures - Polaroid
Polaroid, which is associated with the first form of instant photography and innovations in eyewear, was founded in 1937 by Edwin H. Land, to exploit the use of polarizing polymer. Land ran the company which was the Apple of its time. He was a Steve Jobs type leader, a scientist who guided the company for four decades until 1981. Its peak employment was 21,000 in 1978, and its peak revenue was $3 billion in 1991. Polaroid went titsup in the 2000s.
Read more about Polaroid over at LinkedIn here.