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💡 In 1995, Forbes published an article titled, “The Internet’s first victim?”. In the article, author John Hayes predicted that the scientific publishing powerhouse, Reed Elsevier, would go under water when internet became mainstream. That’s because people would simply look up the scientific papers online instead of paying a subscription fee to the journals. After the publication of the article, investors got nervous. Elsevier’s stocks fell 7% in just 2 days to $26 per share. But turns out he was wrong, really really wrong. #marketing #businessideas #startups #business -- 🔖 This video essay was inspired by: -- ✌️ Subscribe to our channel here https://www.youtube.com/margins?sub_c... — 👉 Follow Marg!ns: Facebook: / marginsyoutube Instagram: @marginsyoutube Tiktok (new): @marginsyoutube Twitter: Coming Soon — About Marg!ns: Margins (stylized as Marg!ns) is an up-and-coming educational channel about how behavioral economics plays a role in businesses. The channel's namesake, "margins", is an important buzzword in finance, accounting and economics. Our goal is to inspire and empower entrepreneurs and startups. — About the creator: Just a 20-something CPA sharing what he loves, and he wants the world to feel the love too!