

Hermann Hauser: The Man Who Saved Apple from Bankruptcy
5 snips Jan 7, 2025
In this engaging conversation, Hermann Hauser, a European tech entrepreneur and co-founder of Acorn Computers, shares his journey in revolutionizing the smartphone industry. He recounts the rise of Acorn and its innovative RISC technology, emphasizing its lasting impact on Apple’s survival. The discussion dives into the potential of transformative technologies, particularly AI, quantum computing, and blockchain, alongside the dynamics of the global tech landscape. Hauser also reflects on essential elements for startup success and the importance of community-driven initiatives.
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Acorn's Humble Beginnings
- Herman Hauser and Chris Curry co-founded Acorn Computers with a £100 investment in 1978.
- Driven by the potential of microprocessors, Acorn later spun out ARM, achieving a million X return.
Constraints Fostered Innovation
- Acorn's success with ARM was partly due to constraints like limited resources and a smaller team.
- This allowed for focused innovation and efficient development, beating larger competitors like Intel.
ARM's Role in Apple's Survival
- Apple, under John Scully, invested in ARM for the Newton project, acquiring a 43% stake.
- This investment later saved Apple from bankruptcy when they sold the stake for $800 million.