Keith Rabois, vice president of strategy and business development at Slide, said Facebook did the right thing.

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"I think people are pretty shocked and surprised" that a deal didn't happen, says Keith Rabois, vice president of strategy and business development at Slide, a Web application developer.

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Not only did they come to the initial meeting in crisp business attire, they wielded their own slide projector and PowerPoint presentation on every aspect of their business.

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An inescapable slide in sales forced the original company out of business in 1953, but the brand has lived on.

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Business and consumer confidence in the U.S. continues to slide.

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Chevron saw profits slide while ConocoPhillips was still looking for firm footing after spinning off its downstream business.

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He showed a slide with 12 once-hopeful energy startups which have either gone out of business, been sold off at great losses for investors, or had to dramatically shift plans.

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As anyone who's ever had to sit through a Powerpoint presentation can tell you, they are one of the banes of business existence, usually about as interesting as the next-door neighbor's wedding and vacation slide shows.

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The loss was the result of a slide in sales of more than a fifth despite a strong start to the year, as both business and holiday travellers ditched plans to fly in or to Asia, for fear of the virus.

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