How one Silicon Valley investor staged a failed coup to save BlackBerry

[Wireless News]

When BlackBerry evaluates strategic alternatives in the coming weeks, it may look back with regret that it didn’t pursue one offered last year by Silicon Valley investor Robert Chan. The Verge reports that Chan last summer pitched the BlackBerry board of directors on a plan to buy out the company and return it to its roots as an enterprise mobile company that wouldn’t even try to compete with iOS and Android in the consumer market. Chan’s reasoning was that while BlackBerry had already decisively lost the consumer market it still had some tremendous assets at its disposal that it could leverage as a smaller, more concentrated business. “Essentially, what we were doing was a coup d’etat,” Chan tells The Verge.

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