Sorry but I just don't buy this. As fas as I know, there was no collaborative editing in Excel 15-20 years ago (no Office 365). The only way for several people to edit the same Excel file stored on a network drive would have been to a) make a local copy of the file, b) do the modifications and then c) overwrite the file on the network drive. This would have destoryed _all_ modifications that occured to the file between a) and c), and would have resulted in such high rate of errors that the company would have been simply impossible to operate.
EDIT: As many people have pointed out, Excel did suppport collaborative editing at the time.