Feb 09
24/7 Wall St.: For every Sergey Brin, there is a Michael Dell. While the Google co-founder and CEO has made his company one of the most valuable in the world with its shares reaching an all-time high, Dell has laid waste to his company.
Dell and financial supporters offered to buy the company for $13.65 a share, 40% lower than what it was when Dell retook the CEO job in early 2007. Investors who bought shares a year ago have taken a haircut of more than 20%. Dell is not alone in his failure. He belongs to a group of founders of large public companies that showed great promise for a time, and then were wrecked by poor decisions, serious legal problems, and lack of innovation.
Click here to see the eight ruined companies
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