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Kontiki
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Canada
Aug 2001 time: 00:27
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Bill Gates helped write the code for Apple's OS, and then told Steve Jobs that he should patent protect it. Jobs declined, Gates turned around, tweaked it for IBMs, and Windows was born.
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dudemanjack
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quote: Originally posted by JohnT
(Note, this isn't an anger thread nor a political one. I just want us to laugh at other peoples expense.)
Have you been to McDonalds lately? They actually lost money for the first time in over 30 years last quarter... do you know why? Here's a hint:
Hamburger - 89 cents
Cheeseburger - 95 cents
Big 'n Tasty - $1 (now supplanted by the Double Cheeseburger)
So, for a mere .11 cents over their basic burger you got twice as much meat, plus lettuce, tomato, mayonnaise, and a sesame seed bun.
I bet they lost $.50 for every one they sold - and they sold a LOT.
Idiots. Ray Croc must be rolling in his grave. I think they should start teaching finance at Hamburger U.
What other stupid decision have you seen corporations make? |
I've been at a McDonalds where a cheeseburger cost more than a double cheeseburger.
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Kontiki
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Canada
Aug 2001 time: 00:27
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Nortel's entire business plan for the late '90s/2000 ranks right up there. "Hey, we can keep buying every nothing telco parts manufacturers for massive premiums because there's never going to be a slowdown in the demand for our products and services. Hell, our stock is probably going to hit $200 soon..."
You especially have to like their $8 billion acquisition of Alteon Websystems in 2000, which was written down to ZERO by the second quarter of 2001.
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JohnT

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Capitalist
Mar 1999 time: 00:27
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quote: Originally posted by Kirnwaffen
Sale of QDOS to Microsoft for approximately $25,000. |
Actually, it was $50k, plus a position in the company, plus tons of stock in the 1984 IPO (or was it 86?). The idea that Tim Paterson got screwed by Microsoft is not held by the man himself:
"Seattle Computer licensed MS as a sales agent fo QDOS, which we had then renamed SC 86-DOS. Meanwhile, SCP decided to quit trying to sell through retail stores and focus on mail order instead. I didn't agree with the strategy, so I called Paul Allen at MS and asked for a job. He said 'sure.' "
also, from the same source:
"In 1991 the Seattle Times ran a book review... of things invented locally (the Pacific NW) and it includes MS DOS. The book review attributed the invention to me and then added: "One imagines [Tim Paterson] in Pioneer Square with a tin cup, his rights long sold, being trampled by MS employees on their way to the annual meeting in the Kingdome.
I wrote a letter to the editor but got no response. Adam Woog (the author of the book) turned out to be a friend of a friend, and the piece in his book is actually quite accurate. But the book reviewer didn't seem to understand that the company gets the rights in exchange for paying its employees for their work. If that work is outstanding, the company comes up with incentives for people to stay and keep it up. Fortunately for me, my tin cup had a few stock options in it - enough for me to retire in 1998."
Source: Microsoft: Inside/Out, page 20.
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gunkulator
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quote: Originally posted by Urban Ranger
But it was just a copy of DR's CP/M... |
It wasn't even as good as CP/M. Speaking of which, how about Digital Research's Gary Kildall's decision to play tennis instead of meeting with IBM about putting his OS on the PC.
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