
Riding the runaway horse
by Charles Kenney · first published 1992
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2HN commenters
2021–2025first – last mentioned
100% recommend
An interesting book about an early computer pioneer, and the meteoric rise of his company and its equally meteoric demise. Perhaps the saddest aspect of the book is that the fundamental flaw in Wang's character was that he was a control freak and determined to allow no one except his son Fred to manage the company . This, and the fact essentially the company became a one product enterprise, resulted in its rapid failure once the need for the product ( a stand alone word processor ) evaporated with the advent of the PC
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A great book on failure is "Riding the Runaway Horse," about the rise and fall of Wang Computers. A cautionary tale about hubris and nepotism. https://www.amazon.com/Riding-Runaway-Horse-Decline-Laborato... It is a real shame that more books aren't written…
on “Ask HN: Books about people who did hard things” ↗My favorite failure biography was Riding the Runaway Horse, the rise and fall of Wang Computers. They were really ahead of their time. But Wang’s obsession with his family’s legacy unwound it.
on “Let there be more biographies of failures” ↗Riding the Runaway Horse: The Rise and Decline of Wang Laboratories The Brain Makers: The History of Artificial Intelligence – Genius, Ego, And Greed In The Quest For Machines That Think (having seen this history in real life…
on “Ask HN: Favorite books about failed/declining companies?” ↗