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The Company that Broke Canada

BobbyBroccoli

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YouTube
  • Recommended by 3 people: 3 on Hacker News.
  • Presented by BobbyBroccoli

Beginner. No background in the topic needed.

4M views2 years ago3 recommendations

History and cultureCareers and interviewsHistory of computingInside tech companiesNetworking and protocols

BobbyBroccoli presents a detailed documentary on the dramatic rise and catastrophic collapse of Canadian telecom giant Nortel Networks.

For a brief moment, Nortel Networks was on top of the world. Let's enjoy that moment while we can. Part 1 of 2. Get Nebula using my link for 40% off an annual subscription: go.nebula.tv/bobbybroccoli Watch part 2 extra early: nebula.tv/videos/bobbybroccoli-sinking-in-scandal-the-death-… Part 2: youtu.be/sDdC3-LT7pM?si=RfceRNpc5dZL9_pL I'm on sites! : twitter.com/bobbybroccole patreon.com/bobbybroccoli People to thank: Subtitles provided by @redslendy Charlie Arsenault – Assistant Editor @ThePlainBagel on Youtube for providing me with Nortel’s stock price data @ChrisHanel on Youtube for extensive Blender Geometry Nodes assistance @hotcyder on Youtube for the thumbnail Additional imagery licensed from Getty. Music from the Youtube Audio Library and Epidemic Sound. Additional music from @REPULSIVE and @WhitebatAudio 3D boat models are Royalty free assets: cgtrader.com/free-3d-models/watercraft/industrial-watercraft… cults3d.com/en/3d-model/game/ss-edmund-fitzgerald-final cgtrader.com/free-3d-models/watercraft/recreational-watercra… cgtrader.com/free-3d-print-models/miniatures/vehicles/simple… A note on interviews: I spoke to over a dozen former Nortel employees for this series and those conversations provided many insights you'll hear throughout. Because some of the interviewees still work in the industry I have kept all names anonymous. If there is a direct quote with a name attached it's because it was a quote said publicly. Sources: The Bubble and the Bear – How Nortel Burst the Canadian Dream by Douglas Hunter (2002) Nortel Networks – How Innovation Created a Network Giant by Larry MacDonald (2000) No Fear: Tales of a Change Agent or Why I couldn’t Fix Nortel Networks by Tim Dempsey (2014) Silicon Valley North: A High Tech Cluster of Innovation and Entrepreneurship edited by Larisa V. Shavina (2004) Knights of the New Technology by David Thomas (1983) Adventures in Innovation: Inside the Rise and Fall of Nortel by John F. Tyson (2014) The Master Switch: The Rise and Fall of Information Empires by Tim Wu (2011) 100 Days: The Rush to Judgement That Killed Nortel by James Bagnall (2013) For $ale to the Highest Bidder: Telecom Policy in Canada edited by Marita Moll and Leslie Regan Shade (2008) The Invisible Empire: A History of the Telecommunications Industry in Canada, 1846-1956 by Jean-Guy Rens (2001) The Avro Arrow: For the Record by Palmiro Campagna (2019) The Deal of the Century: The Breakup of AT&T by Steve Coll (1986) Asleep at the Switch: The Political Economy of Federal Research and Development Policy since 1960 by Bruce Smardon (2014) Canadian Science, Technology and Innovation Policy by G. Bruce Doern, David Castle and Peter W.B. Phillips (2016) Reconcilable Differences: A History of Canada-US Relations by Stephen Azzi (2015) Pa Bell: The Meteori

Why it's here

3 people recommend this

What people say. Highly recommended as an exceptionally well-produced and engaging documentary detailing the financial scandals and dot-com bubble dynamics of Nortel.

orc00on Hacker News • Recommends

On “When the Dotcom Bubble Burst”

BobbyBroccoli on YouTube does an absolutely phenomenal job creating documentaries. Related to the dot-com burst would be the story he tells about Nortel. - Part 1: link to this video - Part 2: link

month13on Hacker News • Recommends

On “Anthropic raises $13B Series F”

For those curious, I found this to be a very entertaining retelling of events from Nortel's persepective: link to this video

kmeisthaxon Hacker News • Recommends

On “Nasdaq's Shame”

…ht in more investor capital, which brought more index funds in. In fact, at one point Nortel was so valuable it made the TSE too homogenous to legally index, at least until Nortel lobbied Canada to change the rules regarding diversified index funds. If you aren't Canadian (like me) you can watch this Bobbybroccoli video that explains it very well: link to this video Spoiler alert for the Bobbybroccoli video, but it turns out this trick doesn't work forever. And when Nortel inevitably crashed it left a good chunk of Canadians as bagholders. And looking at the stock market over the past few years, where basically all the the growth is seven companies, I'm starting to wonder if we're finally seeing Americ…

raszon Hacker News • Mentions

On “Juniper Networks to Combine with HPE”

Im getting nineties Nortel Bay Networks all stock flashbacks. The Company that Broke Canada - BobbyBroccoli link to this video