5min chapter

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#77 Steve Jobs (The NeXT Years)

Founders

CHAPTER

Why Jobs Wouldn't Accept Bad News

i was taking notes at the 1987 meeting of educom. i found one of charlie monger's commencement addresses from like 13 years ago or 15 years on that goes to this week and I just sent it to my email list. This is what happens when you're there's no urgency and you've isolated yourself from the real world constraints of making a profit because you've raised so much money for steve jobs, ross pro eventually cannon  the japanese company throws up a couple hundred million dollars uh i think maybe like 150 million in total but they couldn't sell their machines. Steve Jobs would transfer responsibility for delays to his underlings and then smeared them with

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