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A comment on Operation Elop: The final years of Nokia’s mobile phones (2017). Parent comment

Re:Operation Elop: The final years of Nokia’s mobile phones ... by pavlov on Sunday December 20, 2020 @08:19PM (#25491187)
He sold a loss-making business for $4 billion without giving up the brand or any other long-term IP.

I wish I could blow my failed ventures so horribly. And it indeed was a failed venture by the time Elop got there.

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Re:Operation Elop: The final years of Nokia’s mobile phones ... by huihe9849hjjgkg on Sunday December 20, 2020 @08:55PM (#25491391)
How do you sell a business four billion? Easy, start with a business worth $30 billion.
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Re:Operation Elop: The final years of Nokia’s mobile phones ... by pavlov on Sunday December 20, 2020 @10:49PM (#25491972)
The mobile devices unit was on a rapid trajectory towards zero already in 2010. In an alternate reality where Vanjoki bet the company on Meego, that business would still be bankrupt today, just without the $4B payment from Microsoft.

Nokia kept the parts of their business that actually were worth something, and used the MS money to buy more marketshare in networks. It was a good deal.

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