Flashback to 1992. My Silicon Graphics rep, Len, walks in the door with a guy from Sportland, a mega entertainment center down near the auto-malls north of Philadelphia. You know: pizza, birthday parties, arcade games, bumper cars, tokens, and more tokens. They’re both hyped on the potential of VR in the arcades (I thought that hype was supposed to be my job.) I was pitched on the idea of investing my sweat and money, as they were going to franchise something and make millions (billions??) The warning lights were blazing, so I settled for a cash-on-the-barrel development contract. Len arranged to lend this guy a tricked out SGI system and vouched for the helmet loaner from Virtual Research. Six weeks later the Voyager started raking in the millions at Sportland.
Fast-forward to 2 months later. Len’s been knocking on Sportland’s door for a month trying to get a purchase order for the loaner computer and Virtual Research calls me daily to see where the hell their loaner helmet was. Finally, Len and a couple of burly confederates charge into Sportland during operating hours and carry off the SGI, monitor, and VR helmet.
Read the Voyager Investors Information Kit. With cash flow like that, Len must have been crazy to shut ’em down.