GM and Philips nearly bought Pixar, but deal's collapse allowed Steve Jobs to invest

GM and Philips nearly bought Pixar, but deal's collapse allowed Steve Jobs to invest: "'We'd known from the outset that entering into a relationship with GM and Philips would likely put an end to our dream of making the first animated feature film, but that was a risk no matter who we joined up with,' he wrote."

Wonderful example of hindsight 20/20. Failure is not always a failure, it's a blessing.