Tuesday, August 13, 2013

Message unread: Silicon Valley's secret, failed bid to save BlackBerry


In the summer of 2012, just a few months into the job, RIM (now BlackBerry) CEO Thorsten Heins was trying to guide the company through an ongoing crisis. The stock price had slipped to an eight-year low; BlackBerry 10 had been pushed back to the next year. And a Silicon Valley investor was secretly trying to buy the company out from under its management team.


Yesterday, entrepreneur and angel investor Robin Chan posted a slide deck for "Project BBX," a now-abandoned plan to turn around the company with a small product and engineering team. With BlackBerry now officially exploring a sale, Chan’s plan offers a glimpse of what BlackBerry might have become — a purely business-focused company with no BlackBerry 10, fewer devices, and no...


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via The Verge - All Posts http://www.theverge.com/2013/8/13/4617930/message-unread-silicon-valleys-secret-failed-bid-to-save-blackberry

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