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RE: Edison
At 02:44 PM 1/3/99 -0500, Mitch Stone wrote:
>As I say, his business acumen was quite limited. On any number of
>occasions, Edison plowed on with his own ideas without regard to the
>activities of his competition, and much to his detriment. Because of this
>he eventually lost out in phonographs, motion pictures and electric power
>generation. Not a great record. Also, many ideas he pursued with great
>enthusiasm led to nothing for Edison, but were revived later by others
>(such as poured concrete construction).
Nonetheless, Edison managed to shaft a whole lot of people in his time.
Perhaps the reason he did not achieve the richesse of Bill Gates is
that there was no IBM to hand him the keys to the kingdom.
--Brett