So sadly can't find a buggy whip magnate on the Ford board, but a fun little gem from Ford's initial bankroller Alexander Y. Malcomson > In 1905, to hedge his

So sadly can't find a buggy whip magnate on the Ford board, but a fun little gem from Ford's initial bankroller Alexander Y. Malcomson > In 1905, to hedge his bets, Malcomson formed Aerocar to produce luxury automobiles.[1] However, other board members at Ford became upset, because the Aerocar would compete directly with the Model K.