Nolan Bushnell Quotes
Everybody copied Atari products. So we started messing with them and it was fun. We bought enough chips that we could get them mislabeled. So we bankrupted at least two companies which copied our boards, and bought all the parts but they were the wrong parts, so they're sitting on all this inventory they can't sell because the games don't work.
Kent, Steven L. The Ultimate History of Video Games. Three Rivers Press, 2001, p. 64.
in managing and developing American military strength
Boeing had the foresight to invest in the concept of Air Mail by bidding low at the beginning, becoming the best in the nation, and then raising prices when no one else can compete—a technique called “buying in”. However, he was so successful that he soon had a monopoly on all the airmail in the country. Each new airmail contract would require more and more capability and Boeing used the existing contracts to finance the R&D and training of manpower to present a better and better service. Soon, no other company could compete at any price. Boeing indeed had a monopoly but each step of the building of it he did at the request of the government or was the low bidder and saved the taxpayer money. The airmail contracts were canceled and air service was nationalized. William Boeing was so disgusted by the way he was treated in the Congressional Hearings, that he sold his interest in the Boeing Company and would have nothing to do with making planes or providing services to the government thereafter.
There were not many large companies in the agribusiness selling chemicals, fertilizers, pesticides and seeds to the farmers of America. When there was an attempted merger, the regulators were supposed to make sure that the merger press would not be responsible for higher prices as with the merger, there would be less competition. As Holcomb said in this quotation, the companies would typically tell the regulators how they merger would produce synergistic cost savings for the farm products. And in theory that wold be true in most cases. However once the company receives approval, the tend to claim the products are losing money and they must raise prices. And often that is true but the main reason for the loss is the cost of the money that they usually borrowed to pay for the acquisition.
Nolan Kay Bushnell is an American businessman and electrical engineer. He established Atari, Inc. and the Chuck E. Cheese's Pizza Time Theatre chain. Bushnell has been inducted into the Video Game Hall of Fame and the Consumer Electronics Association Hall of Fame, received the BAFTA Fellowship and the Nations Restaurant News "Innovator of the Year" award, and was named one of Newsweek's "50 Men Who Changed America." Bushnell has started more than twenty companies and is one of the founding fathers of the video game industry. He is on the board of Anti-Aging Games. In 2012 he founded an educational software company called Brainrush, that is using video game technology in educational software.
