“At the turn of the century, an invention took Silicon Valley by storm. Steve Jobs called it the most amazing piece of technology since the personal computer.”
“Enamored with the prototype, Jobs offered the inventor $ 63 million for 10 percent of the company.”
[The inventor turned him down]
“Time called it one of the ten biggest technology flops of the decade.”
“The inventor projected that within a year, sales of his newest product would reach 10,000 units a week. But six years later, they had sold only about 30,000 units in total. After more than a decade, the company still hadn’t become profitable. It was supposed to transform lives and cities, but today it is used only in niche markets.”
“That product was the SEGWAY, the self-balancing personal transporter.” 🤨
excerpt from: "Originals: How Non-Conformists Move the World" by Adam Grant
I'm hoping people will remember the CCP Virus nightmare and will refuse to comply. Lord knows I will. #IWillNotComply
A cautionary tale:
“At the turn of the century, an invention took Silicon Valley by storm. Steve Jobs called it the most amazing piece of technology since the personal computer.”
“Enamored with the prototype, Jobs offered the inventor $ 63 million for 10 percent of the company.”
[The inventor turned him down]
“Time called it one of the ten biggest technology flops of the decade.”
“The inventor projected that within a year, sales of his newest product would reach 10,000 units a week. But six years later, they had sold only about 30,000 units in total. After more than a decade, the company still hadn’t become profitable. It was supposed to transform lives and cities, but today it is used only in niche markets.”
“That product was the SEGWAY, the self-balancing personal transporter.” 🤨
excerpt from: "Originals: How Non-Conformists Move the World" by Adam Grant