Daily Archive for January 1st, 2007

The Business History of Gizmondo

How does a company go from producing a music magazine for churches to publishing a “greatest hits” compilation album to making area rugs and hardwood floors to manufacturing automotive GPS devices to manufacturing a portable video gaming system?

Read all about Gizmondo’s business history and you’ll find out.

With all the red flags in Gizmondo’s history it’s amazing investors kept on giving them money. Apparently the investors didn’t believe in due diligence.

-TPP