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This story fascinated me because what I took away from it was millionaires not understanding what the market would buy. And other millionaires hyped it up, lik
by INTPenis 6y ago
This story fascinated me because what I took away from it was millionaires not understanding what the market would buy.
And other millionaires hyped it up, like Steve Jobs/Woz.
When I first heard of the Segway of course it was cool, I'm a massive geek. But I'm not going to spend what was 80000 SEK at the time for a toy I can't even park anywhere.
And the whole purchase of Segway by China where they actually understood what the market wanted and launched e-scooters is the icing on this whole story.
Stay grounded.