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Interesting 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 liq
by happycube 7y ago
Interesting 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.