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Chutzpah: Tech's Biggest Broken Promises

By Cliff Edwards - 2012-03-05T20:01:26Z

Via Bloomberg News

Company Symbol % Change
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SegaNet (2000)

Sales of Sega's Saturn and Dreamcast consoles were getting trounced by Sony's PlayStation and Nintendo's consoles, so the company turned to this dial-up gaming service, one of the Internet's first, as its savior. SegaNet "has permanently changed the face of the gaming industry," Brad Huang, president and CEO of, said at its launch.

With company fortunes tied to console sales, SegaNet lasted 11 months before Sega pulled the plug.