A Quote by Peter Diamandis

Did you know that Kodak actually invented the digital camera that ultimately put it out of business? Kodak had the patents and a head start, but ignored all that.

Peter Diamandis

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Actually Business Camera Did Did You Know Digital Had Head Head Start Ignored Invented Know Kodak Out Patents Put Start Ultimately

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Peter Diamandis
American - Businessman
Born: May 20, 1961

Here’s a current example of the challenge we face. At the height of its power, the photography company Kodak employed more than 140,000 people and was worth $28 billion. They even invented the first digital camera. But today Kodak is bankrupt, and the new face of digital photography has become Instagram. When Instagram was sold to Facebook for a billion dollars in 2012, it employed only thirteen people. Where did all those jobs disappear to? And what happened to the wealth that all those middle-class jobs created?

Jaron Lanier

Philologically, the word Kodak is as meaningless as a child's first goo. Terse, abrupt to the point of rudeness, literally bitten off by firm and unyielding consonants at both ends, it snaps like a camera shutter in your face. What more would one ask. (Explaining why he named his company Kodak.)

George Eastman

In 1976, Kodak's first digital camera shot at 0.1 megapixels, weighed 3.75 pounds, and cost over $10,000.

Peter Diamandis

Back in the 1970s, Kodak tried to give $25m to a black civil rights organisation in Rochester, New York. The company's shareholders rose up in arms: making this politically charged offering wasn't the reason they had entrusted Kodak with their money. The donation was withdrawn.

Noreena Hertz

My protest against digital has been me saying, "What's going to happen to film?" The result is that Kodak is out of business. That's a national tragedy. We've got to keep making film.

Oliver Stone

The man at Kodak told me the shots were very good and if I kept it up, they would give me an exhibition. Later, Kodak gave me my first exhibition.

Gordon Parks

I began working with a family camera. It was called a Kodak Autographic, which was one of those things where you flopped it open and pulled out the bellows. And I've been at it ever since - I've never stopped

Leonard Nimoy

When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change.

Charlie Munger

History is littered with great firms that got killed by disruption. Of course, the personal computer, a technology that first took root as a toy, got Digital Equipment Corporation. Kodak missed the boat for a long time on digital imaging. Sony was slow to get MP3 technology. Microsoft doesn't know what to do with open source software. And so on.

Clayton Christensen

The film [ Wyatt Earp and the Holy Grail] was shot on a KODAK Zi8 camera as well as on multiple camera phones. It was processed using the effects of FINAL CUT X and then edited in FINAL CUT 7.

Evan Jacobs

If people had understood how patents would be granted when most of today's ideas were invented, and had taken out patents, the industry would be at a complete standstill today.

Bill Gates

I loved the way the burned-out flashcubes of the Kodak Instamatic marked a moment that had passed, one that would now be gone forever except for a picture.

Alice Sebold

My stepfather gave me a Kodak camera when I was 17 years old. I started working at a local photo store in Le Havre, France, taking passport pictures and photographing weddings.

Patrick Demarchelier

In my dressing room, you'll definitely find some Starbursts and Skittles. I have a lot of candles that remind me of home, and a humidifier for my voice. I also have some digital Kodak albums where I have pictures of my friends and family.

Trey Songz

Photojournalists know the horrors of war can only be exposed at close range. Kodak Film.

James Nachtwey

A Quote by Peter Diamandis

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