4.8 • 1.5K Ratings
🗓️ 20 July 2023
⏱️ 39 minutes
🧾️ Download transcript
General Magic sprints toward the deadline to release its first device. Despite resistance from engineers including Tony Fadell, CEO Marc Porat pushes forward with the product launch, until a setback leaves both Tony and Marc reconsidering the future of the company.
Listen ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App. https://wondery.app.link/historytellers
Support us by supporting our sponsors!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Click on a timestamp to play from that location
0:00.0 | Hey prime members, you can listen to business movers add free on Amazon music. Download the app today. |
0:23.2 | It's a warm summer evening in late July 1994 in a suburb of Palo Alto, California. |
0:30.2 | Car pulls up outside the sprawling home of General Magic CEO Mark Perotte. |
0:35.4 | 25-year-old Tony Fidel, a systems architect at the tech startup, climbs out of the car and looks up at his boss's house. |
0:42.9 | He takes a deep breath and walks up to the front door. |
0:46.7 | Tony called Mark an hour ago and asked if he could stop by to discuss something important. |
0:52.4 | Mark recently announced that the first General Magic devices would hit shelves in less than two months. |
0:58.0 | But Tony thinks Mark is making a huge mistake and he's come here to tell him that. |
1:03.0 | Mark meets Tony at the door. Hey Tony come on in. |
1:08.0 | Mark leads the young man through the living room. |
1:10.3 | Well thanks for seeing me Mark. I'm sorry to bother you at home. |
1:13.2 | It's no problem. Take a seat. Everything all right? |
1:17.2 | Tony sits down on the couch, gathers his thoughts for a moment and then looks up at his boss. |
1:21.9 | Well I think you know what I'm going to say. It's not ready Mark. It's slow. It's big. |
1:26.5 | It's not what we promise people. Mark nods because he doesn't disagree. |
1:32.6 | I guess I'm asking you to trust me Tony. It will be good for us to put something out there now. |
1:38.0 | I'm well aware that this isn't advice that any of us dreamed of but it's what's called a minimum viable product. |
1:43.6 | We generate some revenue and see how people respond and the next time we make it even better. |
1:50.0 | But what if there isn't a next time Mark? Of course there will be. This is just a start. |
1:55.2 | But what if this is like our one chance? We could all end up looking like idiots. |
2:00.8 | Mark bristles with annoyance. You know it's my name that's going out there publicly Tony. |
2:06.8 | I'm the one who made all these promises. I'm the one getting phone calls from AT&T and Sony |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Wondery, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Wondery and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.