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Published · transcript-backed

Nolan Bushnell: evaluation

15 Oct 2019 Acquired Atari (with Nolan Bushnell)

“Actually, the business model, I'm more proud of than the technology because I built this company, my partner and I put in $250 each, that's the only capital that went into the company until Don Valentine in 1975.”

— Nolan Bushnell

Source trail

Everything needed to verify it.

Speaker
Nolan Bushnell
Attribution
Verified speaker
Claim type
evaluation
Recorded
15 Oct 2019
Publisher
Acquired

Transcript context

…How did you capitalize that or did you manage to get pre-orders and have a nice working capital cycle? Actually, the business model, I'm more proud of than the technology because I built this company, my partner and I put in $250 each, that's the only capital that went into the company until Don Valentine in 1975. What we did, I figured out just-in-time inventory. All the cost was in the cabinet, the TV set, the coin mech, and the power transformer. The glue parts for the computer and all that, it was a lot of numbers, but not a lot of [...] and value. They were 15 cents then.…

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