Wow! He must have kicked himself in the ass for a long time after she blew up!
Check out this old school letter written by Millennium Records president Jimmy Ienner (above), who apparently had the opportunity to sign a then-unknown pop singer by the name of Madonna, but ultimately decided that he did "not feel that she is ready yet."
Wowza. Well, we all know how that story turned out!
But it IS refreshing to know that gurlfriend definitely paid her dues, struggled, failed, and kept on working away until she finally hit it big!
Nothing comes easy - you have to put in LOTS of hard work to reach your goals sometimes!