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They did all the right things. They acquired Ofoto in 2002 or thereabouts and the first acquisition call we got at Flickr was from Kodak.

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They were definitely thinking through the problem. All that history they carried, though, it was a burden. Then, with the cash flow crippled - no way out.

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Sep 26Liked by Quentin Hardy

Kodak theme at Disney EPCOT: “Making Memories” was a very h(s)appy experience. The cash flow collapse you describe is spot-on. The happiness industry experienced a deep recession after 911.

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I stood at several empty buffets then.

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