DOS Microsoft Word was before Excel I think.
It was .... well, basically unusably horrible. As you typed, it would swap stuff in/out from floppy disk; as you might imagine, this made even just entering text an excruciating experience.
Luckily for MS, systems eventually got more memory and hard disks...
Of course, this wasn't Microsoft's fault - rather the idiotic salesman who had sold all of this without checking with anyone whether it would work or not.
Just as they were getting close to finishing Quattro Pro, their head offices were hit by the 1989 World Series Earthquake (they were very close to the epicenter).
Apparently, many of their computers survived the earthquake itself but were rained on by the damaged sprinkler system and covered in mushy ceiling tile debris. They commandeered a tennis court to try to dry off, clean and revive as many of the computers as they could
They did end up releasing Quattro Pro, but then were soon sued by Lotus.