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Add Radioshack #34
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fikrikarim committed Sep 10, 2022
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| [![amex](logo/amex.png)](https://americanexpress.com/) American Express | Credit cards, banking, finances. | Package delivery service, mostly employing "Expressmen" who carried packages on trains from one city to another. | They were accused of anticompetitive behaviour. Then the government stripped the Express side of the business. Luckily, they had invented the travelers cheque and money order by then, so they pivoted into becoming mainly a financial services business rather than logistics. | [source](https://www.goodreads.com/book/show/468084.American_Express) |
| [![ibm](logo/ibm.png)](https://ibm.com/) IBM | IT services, cloud, software | Sell physical, punch card based tabulating machines. | Invention of computers. | [source](https://www.ibm.com/ibm/history/ibm100/us/en/icons/tabulator/) |
| [![polaroid](logo/polaroid.png)](https://eu.polaroid.com/) Polaroid | Instant cameras | Polarized lenses and optics for the armed forces. | In a vacation to Santa Fe, New Mexico with his three-year-old eldest daughter, Jennifer, he took a picture of her. She asked why she could not see the picture her father just took of her, within an hour, he already had the idea for the SX-70 Polaroid camera. | [source](https://en.wikipedia.org/wiki/Edwin_H._Land#Polaroid) |
| [![radioshack](logo/radioshack.png)](https://www.radioshack.com/) Radioshack | Electronics and leather goods | Leather goods | Tandy originally made leather goods for the hobby market. As electronics grew as a hobby in the 70s and 80s, Tandy acquired a small, failing electronics store in Boston called Radioshack. In 2000, the Tandy name was dropped and the entity became the RadioShack Corporation. | [source](https://en.wikipedia.org/wiki/Tandy_Corporation) |
| [![upstart](logo/upstart.png)](https://upstart.com/) Upstart | Direct to consumer lending | Allow people to sell their future earnings for cash today or Income Sharing Agreement, "Kickstarter for people." | "This income sharing thing we thought would take off like crazy just wasn't taking off." But the launch of the loan product made the path forward clear. "The interest and volume of that was so dramatic, that three days later, we end-of-lifed the ISA product." | [source](https://review.firstround.com/fresh-off-ipo-upstarts-ceo-shares-why-the-startup-isnt-a-typical-success-story) |
| [![soylent](logo/soylent.png)](https://soylent.com/) Soylent | Meal replacement, nutrition. | Inexpensive cell phone towers. | Cell phone towers were too hard to break into, the founders ran out of money, but still had to eat. So they played around with a meal replacement formula, and invented "Soylent". | [source](https://www.newyorker.com/magazine/2014/05/12/the-end-of-food) |
| [![imgly](logo/imgly.png)](https://www.img.ly) IMG.LY | Providing SDKs for image processing | Originally started as a social image sharing site for Twitter (until Twitter decided to do it themself) | While running a dying service they started licensing their image processing algorithms and eventually pivoted to a successfull SDK business | [source](https://img.ly/blog/our-new-company-brand/) |
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