Planet Money : NPR
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Planet Money : NPR

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Key Points:

  • In the early 1990s, General Magic developed a portable device with capabilities similar to a modern smartphone, including email, phone calls, and games, but it ultimately failed to gain market traction.
  • Despite having generous investors, top talent, and creative freedom, the company’s lack of constraints may have contributed to the device's failure.
  • The discussion on this topic is featured in a Planet Money episode hosted by Erika Beras and Emma Peaslee, exploring the theory behind why General Magic’s innovative product did not succeed.
  • Additional resources related to this topic include Planet Money’s book, newsletters, and social media channels for further economic insights.

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