4min chapter

The Daily Stoic cover image

William D. Cohan on Power, Ego, and the Imperial CEO

The Daily Stoic

CHAPTER

The Myth of Thomas Edison and GE

There's this huge myth around Thomas Edison and GE, he actually had much less to do with GE's creation than the myth makers at GE would like you to believe. But what I learned in researching this book is actually Thomas Edison did not want to create this company. He was basically just pushed out as a shareholder, a minor shareholder of this company. And then Henry Villard and JP Morgan wanted to merge the company into a company that had been created bought by a guy named Charles Coffin.

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