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This reminds me of Adam Osborne, who tanked sales of his new Osbourne 1 by prematurely bragging about the future Osbourne 2. https://en.m.wikipedia.org/wiki/Os
by magoon 7y ago
This reminds me of Adam Osborne, who tanked sales of his new Osbourne 1 by prematurely bragging about the future Osbourne 2.
https://en.m.wikipedia.org/wiki/Osborne_effect https://en.m.wikipedia.org/wiki/Osborne_effect
- happycube 7y agoInteresting that much of what sunk Osborune was actually a sunk cost fallacy from the $150K of assembled Osbourne 1 boards... if they had been sold off to a liquidator or hobbiests, they might've still turned a profit on em in the end. At the very least they could've scrapped the boards and taken the tax writeoff.
- CodeWriter23 7y agoCompanies like Osborne and many others in the early-80’s microcomputer game were built by engineers who had taken a second mortgage. So when the cash ran out, there weren’t second chances via creative finance. Many ended up going back to their old high-paying jobs to pay down their debt and keep the house.
- the-dude 7y agoSection: The Osborne myth
- dmix 7y agoSounds like more of a Sega-CD vs Playstation type failure than just his words. He probably felt he needed to talk about the next gen Osbourne 2 to really compete since he was trumped by competition.