Re:The Wright brothers: The O.G. startup founders?
by aurizon on Wednesday April 28, 2021 @10:59AM
(#26970129)
It is true!!. A dispute that had no basis. If they had asked reasonable royalties it would have been OK, but they refused to licence many makers - yet they failed to make their own planes in volume for related bad business reasons.
Did you read where the early USAF on that era was forced to buy French a dn British planes due to the bad management by the Wrights
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Re:The Wright brothers: The O.G. startup founders?
by WalterBright on Wednesday April 28, 2021 @03:30PM
(#26973134)
Yes, the Wrights were poor businessmen. That does not take away from their great success at flight. They still managed to become wealthy.
Re:The Wright brothers: The O.G. startup founders?
by aurizon on Wednesday April 28, 2021 @05:40PM
(#26974568)
They needed to test and go further. They left 99% of the potential wealth on the table due to their greed.
A proper management strategy would have led to progress and volume production. Instead the Wright patants were so difficult or expensive to licence that they were allowed to lapse = bad failure mode...