This entry was posted on Sunday, February 16th, 2014 at 6:33 pm and is filed under Product and Pricing Strategies. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
"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."