Howard Marks
๐ค SpeakerAppearances Over Time
Podcast Appearances
Go bankrupt.
Let the bankruptcy court figure out the documents.
It was awful.
Yeah, it's totally similar.
I'll tell you why Activision worked.
Because we decided to go, instead of the cartridges, I don't know if you remember those big cartridges.
I don't.
Okay, in Atari, you had to put a cartridge in a thing.
All right, so you don't remember it, but you probably know what a cartridge looks like.
Yeah.
Those are hardware, expensive.
You couldn't put much storage.
The most you could put is 32 megabytes.
We decided to go to CD-ROM, which you had...
900 or 700 megabytes, right?
Can you imagine the difference?
And it costs 50 cents to make the CD where the cartridge costs $20, $30.
Imagine, right?
The risk was gone.
You couldn't have a risk anymore.