The first Compaq computer

The first Compaq computer

The first Compaq computer was its eponymous Compaq Portable, announced November 4, 1982. It was a suitcase-sized clone of the original IBM Personal Computer, with an Intel 8088 CPU running at 4.77 MHz running Microsoft MS-DOS. It was hardly the first non-IBM computer to run MS-DOS, but it was the first legal IBM PC clone with a high degree of compatibility.

Compaq shipped the first unit about four months later, in March 1983. It originally cost $2995 for a single-drive unit. A dual-drive unit, which was much more useful, cost $3,590.

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Etoys.com and its rapid rise and fall

Etoys.com and its rapid rise and fall

So it’s November 1997. The Internet is catching on and you want to start an online business. You just need a big idea. How about selling toys on the Internet? That could be big, right? Hence etoys.com, a short-lived Internet retailer founded November 3, 1997.

That’s a bit of an exaggeration. While etoys was founded in November, the idea dated back to February 1997. That’s when former Walt Disney VP Toby Lenk joined up with Bill Gross, founder of a net startup incubator called Idealab, to start building etoys. They secured financing by September and launched in November, just in time for the 1997 holiday season.

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Johnston’s Electric Trains, St. Louis

Johnston’s Electric Trains, St. Louis

Johnston’s Electric Train Shop was a family-owned business in St Louis for about 50 years. As its name suggests, it was a storefront in St Louis’s Dutchtown neighborhood, and advertised itself as St Louis’ first hobby shop that specialized in trains.

But there’s more to the story. This is a classic American Dream story, a small business idea borne of financial hardship that led to owning the building it operated out of and employing 11 people.

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TI-99/4A discontinued October 28, 1983

TI-99/4A discontinued October 28, 1983

42 years ago today, on October 28, 1983, Texas Instruments announced it was discontinuing the TI-99/4A computer and withdrawing from the home computer market. It was a stunning admission of defeat for a company that had everything it took to absolutely dominate the home computer market: vertical integration, name recognition, pre-existing relationships with retailers, and a compelling design. Let’s look at what went wrong.

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