The Fascinating Reason People Thought The Telephone Would Be A Total Flop


"Alexander Graham Bell wanted to sell his patents and technology for the telephone to Western Union, which was the leading telegraph company at the time. Bell’s price: $100,000. Western Union thought it was laughable.

Venture capitalist Ben Horowitz has a big post on why people should be optimistic about technology companies

 In it, he talks about how some of the most fundamental products in our lives today were laughed at by outsiders when they were first introduced. 

He also talks about how big companies try to kill innovation."

Read more . . .

 

 



 

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