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Goldman Sachs was the gold standard for investment banking
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General Magic

Goldman Sachs was the goldstandard for investment banking

Goldman Sachs was the gold
standard for investment banking

Full Transcript

00:00:01.000 --> 00:00:05.583
Goldman Sachs was the gold standard for investment banking.
Duration
6 seconds
Views
37
Timestamp in Movie
00:42:45
Uploaded
Jun 18, 2025
Genres
documentary
Production
Spellbound Productions II

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Movie Summary

The ideas that dominate the tech industry and our day to day lives were born at a secretive Silicon Valley start-up named 'General Magic', which spun out of Apple in 1990 to create the first handheld personal communicator (or "smartp
If Goldman was going to do your initial public offering, it meant that you too - General Magic 00:11
If Goldman was going to do your initial public offering, it ...
Didn't have a product, didn't have a revenue stream, - General Magic 00:06
Didn't have a product, didn't have a revenue strea...
One of them came and said, "I must have a piece of the IPO. - General Magic 00:07
One of them came and said, "I must have a piece of the ...
What would it take, what-- if I gave you the shirt off my back, would that do it? - General Magic 00:05
What would it take, what-- if I gave you the shirt off my ba...
And I said, "Yeah. It would!" And he stripped down... - General Magic 00:05
And I said, "Yeah. It would!" And he stripped down...
-Don't film this stuff. - General Magic 00:04
-Don't film this stuff.
And there we were standing in the conference room with a half-naked banker. - General Magic 00:05
And there we were standing in the conference room with a hal...
So then they didn't make any 44260s in five volts without this, right, enable thing? - General Magic 00:05
So then they didn't make any 44260s in five volts witho...
Probably the most challenging part of the product was deciding what not to do. - General Magic 00:05
Probably the most challenging part of the product was decidi...
What to do and what not to do, because it's really hard, you're building - General Magic 00:09
What to do and what not to do, because it's really hard...
For me, I had never done anything like that. It was a huge challenge. - General Magic 00:05
For me, I had never done anything like that. It was a huge c...
You really had to work very hard to build what we were trying to build. - General Magic 00:06
You really had to work very hard to build what we were tryin...
I really had to up my game and they were all like, "Fadell you're doing it wrong. - General Magic 00:05
I really had to up my game and they were all like, "Fad...
You should be doing it that way." And I'm like, "No, I think it's the right way." - General Magic 00:11
You should be doing it that way." And I'm like, &q...
Once we got the basics there, you take the new chip that had - General Magic 00:12
Once we got the basics there, you take the new chip that had
We could see it, we could touch it and feel it. - General Magic 00:05
We could see it, we could touch it and feel it.
But the responsiveness of the device was really slow. Uh, the processor was underpowered, - General Magic 00:12
But the responsiveness of the device was really slow. Uh, th...
I was sitting in a lot of the user test labs. - General Magic 00:05
I was sitting in a lot of the user test labs.
Don't, don't tap that. No, it's not there, it's over there!" - General Magic 00:07
Don't, don't tap that. No, it's not there, it...
The thing at the bottom that kinda looks like a comb, - General Magic 00:08
The thing at the bottom that kinda looks like a comb,