WEBVTT - TechStuff Classic: The Prodigy Story

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<v Speaker 1>Welcome to text Tuff, a production from my Heart Radio.

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<v Speaker 1>Hey there, and welcome to tech Stuff. I'm your host,

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<v Speaker 1>Jonathan Strickland. I'm an executive producer with I Heart Radio

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<v Speaker 1>and I love all things tech. It is time, once again,

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<v Speaker 1>my friends, for a tech Stuff classic episode. This episode

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<v Speaker 1>published October seventh, two thousand thirteen. I call it the

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<v Speaker 1>Prodigy Story. Yeah, we're gonna talk about online service providers, y'all.

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<v Speaker 1>So let's sit back and listen to this classic episode.

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<v Speaker 1>Ages ago, Chris and I did an episode about online

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<v Speaker 1>service providers, but this time we want to specifically look

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<v Speaker 1>at Prodigy, partly because it was one of the earliest,

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<v Speaker 1>in fact, depending upon whom you ask, the earliest online

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<v Speaker 1>service provider. Now, online service providers are different from Internet

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<v Speaker 1>service providers. So I'm gonna blow your minds out there, kids.

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<v Speaker 1>So you young uns out there, there was a time

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<v Speaker 1>when we did not all have access to the internet.

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<v Speaker 1>It was a terrifying time. Dinosaurs roamed the earth. Occasionally

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<v Speaker 1>you would go camping and an enormous guy in a

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<v Speaker 1>hockey mask would chase you around. The eighties were tough, y'all.

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<v Speaker 1>I actually do remember that time, dimly. I mean I

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<v Speaker 1>I was, you know, not necessarily eating all solid food yet,

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<v Speaker 1>and I could barely read. But I do, in fact

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<v Speaker 1>for call a time before the internet. I grew up

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<v Speaker 1>in that time, and uh, I bear the scars to

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<v Speaker 1>this day. Also, I don't read that much currently. But

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<v Speaker 1>at any rate, now we're talking about a time where

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<v Speaker 1>the computer revolution had really taken hold of. The personal

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<v Speaker 1>computers had already become a rising trend. It still was

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<v Speaker 1>kind of a rarity to find someone who owned a

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<v Speaker 1>personal computer. It wasn't like there were PCs everywhere, certainly not,

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<v Speaker 1>but they were certainly getting very popular in the mid eighties,

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<v Speaker 1>and more and more people were adopting them as the

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<v Speaker 1>price was becoming more affordable for the average household rather

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<v Speaker 1>than for hobbyists only. Right, right, So those those bleeding

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<v Speaker 1>edge technology adopters who somehow have the jobs that allow

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<v Speaker 1>them to to indulge their obsession with technology, they had

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<v Speaker 1>already gone through the first wave, and now it was

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<v Speaker 1>trickling down to everybody else. All right, we're talking about

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<v Speaker 1>the kind of the two eight six sort of days

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<v Speaker 1>is where Prodigy started kicking out. So during those times,

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<v Speaker 1>your computers, you know, the early early computers were really,

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<v Speaker 1>especially for personal computers, were just self contained devices. Right.

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<v Speaker 1>It was whatever software you had to run on that machine,

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<v Speaker 1>and that was pretty much it, which you would put

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<v Speaker 1>on the machine with fancy fancy uh five and a

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<v Speaker 1>quarter inch floppy disk. Yeah. Yeah, you wouldn't necessarily even

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<v Speaker 1>have a hard drive. You might just run it directly

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<v Speaker 1>from the discs. So, in other words, once that disc

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<v Speaker 1>was popped out, that was it. You didn't have program,

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<v Speaker 1>You just had your basic operating system, although you might

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<v Speaker 1>not even call it that um anyway. Eventually you started

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<v Speaker 1>seeing things like modems where you could do things like

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<v Speaker 1>connect to a local bulletin board system or bbs. This

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<v Speaker 1>was usually something that was hyper local, as in something

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<v Speaker 1>that would might be running the same city that you

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<v Speaker 1>live in, because in order to connect to most bbs is,

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<v Speaker 1>you had to dial a specific number, and usually it

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<v Speaker 1>was a it was a local number, yeah, because you

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<v Speaker 1>could dial into a BBS that's run in a state,

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<v Speaker 1>you know, twenty states away. But long distance charges at

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<v Speaker 1>the time were also such that that that it would

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<v Speaker 1>have been incredibly cost prohibited. Yeah, anyone, any kid who

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<v Speaker 1>experimented with connecting to bbs is might find out rapidly

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<v Speaker 1>from his parents or her parents that uh, it was

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<v Speaker 1>not the best idea to do that without parental agreement beforehand,

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<v Speaker 1>because you could rack up huge bills. I mean, this

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<v Speaker 1>is the era where long distance charges were a real thing.

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<v Speaker 1>I know that a lot of people today aren't even

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<v Speaker 1>that's not something they even think about because in most

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<v Speaker 1>cases you don't have a long distance charge anymore. About

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<v Speaker 1>once a month, I marvel at the incredible present and

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<v Speaker 1>the fact that I can call people all over the

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<v Speaker 1>country without having any without worrying about, oh, you know,

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<v Speaker 1>we've taught for five minutes, this is gonna cost me

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<v Speaker 1>twenty bucks or whatever. Uh and and they have not

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<v Speaker 1>said anything of value, so so at any rate, at

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<v Speaker 1>this time, that was pretty much it. And then there

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<v Speaker 1>became this idea of the online service provider away for

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<v Speaker 1>companies to create services that would open up brand new

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<v Speaker 1>opportunities for consumers. And it was before the Internet had

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<v Speaker 1>rolled out to being something that the general public could access,

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<v Speaker 1>so be sure, but but you know, people were looking

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<v Speaker 1>for a way to provide service to you know, to

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<v Speaker 1>a consumers who wanted to communicate and be two companies

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<v Speaker 1>who wanted to sell more stuff, give give companies an

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<v Speaker 1>outlet to sell more stuff. Right, So so this was

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<v Speaker 1>this was the idea, like instead of instead of the Internet,

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<v Speaker 1>think of the Internet, it's it's the network of networks, right,

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<v Speaker 1>It's all these different computers. They're connected together, and lots

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<v Speaker 1>of different types of communication goes across the Internet, from

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<v Speaker 1>email to file transfers to web traffic. All of that

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<v Speaker 1>stuff is going on across the Internet. An online service

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<v Speaker 1>provider is more like a very small network. It's not

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<v Speaker 1>a network of networks. It is a network in which

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<v Speaker 1>you use your computer to dial into a host computer,

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<v Speaker 1>and the host computer serves up all the information on

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<v Speaker 1>it that it has. So, in other words, instead of

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<v Speaker 1>having access to everything in the world, you just have

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<v Speaker 1>access to whatever the host computer has on it. Uh

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<v Speaker 1>and online service providers did this in different ways. So

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<v Speaker 1>let's talk specifically about Prodigy. To talk about how it

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<v Speaker 1>came to be, you have to look back at nine four.

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<v Speaker 1>That's when a couple of tiny companies IBM was one

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<v Speaker 1>of them, uh Sears was another, and CBS was a third,

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<v Speaker 1>formed a joint venture they called trend texs Now, this

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<v Speaker 1>trend Text venture was specifically meant to provide something called

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<v Speaker 1>video text services, And you might all wonder what the

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<v Speaker 1>heck video text is because it's not a term that

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<v Speaker 1>you see today really, But this was a technology that

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<v Speaker 1>would allow you to connect a terminal. So it could

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<v Speaker 1>be a computer, or it could just be a very

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<v Speaker 1>specific terminal made for this purpose, or even a television

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<v Speaker 1>with special yea. Yeah, so you have one of these

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<v Speaker 1>things that connect to a phone line and then can

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<v Speaker 1>call into a centralized computer to get content that way. Now,

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<v Speaker 1>the this is sort of a predecessor to the kind

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<v Speaker 1>of modems that we would see uh later on, although

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<v Speaker 1>at this time in the in the early eighties, a

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<v Speaker 1>modem was something that very few people had. It was

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<v Speaker 1>certainly something that was used in commerce shell purposes. You

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<v Speaker 1>had companies using it like IBM certainly had plenty of modems,

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<v Speaker 1>but your average computer owner did not have a modem

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<v Speaker 1>at this time. They certainly they also were not part

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<v Speaker 1>of a standard computer like there was a time where

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<v Speaker 1>you would get an internal modem like a dial up modem,

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<v Speaker 1>and you would just plug a phone cord into the

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<v Speaker 1>back of your computer and from that to the outlet

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<v Speaker 1>in your wall. Before that, you had external modems that

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<v Speaker 1>would connect to a port in your computer and then

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<v Speaker 1>you would connect your telephone connection to the external modem.

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<v Speaker 1>That's the kind I had, of course, yeah, I I

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<v Speaker 1>do also want to mention this is the same year

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<v Speaker 1>that um IBM introduced the portable PC weighing a mirror

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<v Speaker 1>thirty pounds or what's that like fourteen kilos, Yeah, something

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<v Speaker 1>like that. So you're talking about portable depending upon your

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<v Speaker 1>upper body string. Uh So, so that was that was

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<v Speaker 1>kind of the life of the times. UM the entire

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<v Speaker 1>video text thing was doing a little bit better in Europe.

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<v Speaker 1>There were a bunch of countries that already had something

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<v Speaker 1>like this, but it was really the first time this

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<v Speaker 1>whole trend text thing was really the first time that

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<v Speaker 1>had been rolled out for commercial use for customer use

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<v Speaker 1>for the United States and the US. Yeah. In fact,

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<v Speaker 1>the the concentration in Europe would mean that uh, companies

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<v Speaker 1>like Prodigy in America Online would end up sort of

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<v Speaker 1>foregoing any kind of penetration attempts in Europe because it

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<v Speaker 1>was already substated. UM and CBS had did a did

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<v Speaker 1>a trial of video texts in a three with a

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<v Speaker 1>T and T in about two households somewhere in New

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<v Speaker 1>Jersey just to see how much interest there would be,

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<v Speaker 1>and there was a lot. So that is why CBS

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<v Speaker 1>was involved. Sears was you know, if you're saying why

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<v Speaker 1>was Sears and Roebuck involved in this internet a venture,

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<v Speaker 1>it's because Sears had the complex billing system and the

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<v Speaker 1>customer base like the mail order customer base. Sure. Yeah,

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<v Speaker 1>the Sears catalog is like a legacy right to retail.

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<v Speaker 1>Not only that, but Sears itself has had a long

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<v Speaker 1>history in being involved in electronics. In fact, for a while,

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<v Speaker 1>if you wanted to buy a computer that you would

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<v Speaker 1>either go to a very specialized computer store or you

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<v Speaker 1>would go to a Sears would buy your computer there. Yeah.

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<v Speaker 1>And IBM actually in contemporary literature people were talking about

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<v Speaker 1>IBM being the most surprising company of the three, which

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<v Speaker 1>doesn't make any sense to me. But but but their reasoning

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<v Speaker 1>behind calling it that was that they had been really

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<v Speaker 1>only hardware with a tiny bit of software involved up

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<v Speaker 1>until then, and so now they're trying to create an

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<v Speaker 1>infrastructure that would essentially be a lot of software. So

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<v Speaker 1>nine four, this partnership is founded. But it wasn't all

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<v Speaker 1>smooth sailing. They did some you know, some pilot testing

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<v Speaker 1>and and in general, it just looked like it wasn't

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<v Speaker 1>really catch gun. It might have been ahead of its

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<v Speaker 1>time in the United States, or may have just been

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<v Speaker 1>the execution that didn't match people's expectations. At any rate,

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<v Speaker 1>it didn't get adopted as quickly as all three parties

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<v Speaker 1>were hoping. And one of those three parties, CBS, decided

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<v Speaker 1>to say see you later, alligators and drop out of

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<v Speaker 1>the partnership. Yeah, that was in That was a six,

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<v Speaker 1>did you say, Yeah? And so then a eight um

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<v Speaker 1>series and IBM decided to stick with it. They doubled down. Yeah,

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<v Speaker 1>they invested four and fifty million in startup. Yeah, so

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<v Speaker 1>which is that was an eight? So if we are

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<v Speaker 1>just for inflation, that's what eight hundred and sixty million.

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<v Speaker 1>That's a lot of money. That's so many dollars. Yeah,

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<v Speaker 1>so huge, huge investment here. And that's when they actually

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<v Speaker 1>created the company that's called Prodigy Services Company. Now, don't

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<v Speaker 1>get too used to that name, because one of the

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<v Speaker 1>things we can talk about with Prodigy, and we will

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<v Speaker 1>talk about is the fact that their name changes every

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<v Speaker 1>few years. Yeah, it usually retains the term Prodigy. That's

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<v Speaker 1>about it. But that's it. Yeah. So Prodigy Services Company

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<v Speaker 1>is formed to oversee the trend texts uh technology, and

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<v Speaker 1>by June of the entire project changed its name to Prodigy,

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<v Speaker 1>So I mean they no longer talked about Trient Tech.

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<v Speaker 1>Trent text was a thing of the past. It was

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<v Speaker 1>now rolled into Prodigy and that launched in eight and

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<v Speaker 1>it became the world's first consumer based online service provider. Now,

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<v Speaker 1>at the time, IBM had made an estimate. They looked

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<v Speaker 1>at all the households in the United States and they

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<v Speaker 1>estimated how many households out there would have computers that

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<v Speaker 1>would actually be sophisticated enough to run the Prodigy software.

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<v Speaker 1>And when I say sophisticated enough, it's not that the

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<v Speaker 1>project software was this mind bending, amazing looking uh software.

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<v Speaker 1>You it was a visual interface, which was which was

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<v Speaker 1>a new thing. It was a huge improvement over local bbs.

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<v Speaker 1>Is that we're all text based, right, so there were

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<v Speaker 1>there were graphics involved, but they were very simple graphics.

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<v Speaker 1>And uh, we'll try to effect. Lauren found a great

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<v Speaker 1>commercial just before the podcast that she shared with us,

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<v Speaker 1>so we'll we'll try and put that up on the

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<v Speaker 1>Facebook page and link it to Twitter as well, so

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<v Speaker 1>that you guys can see what Prodigy look like when

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<v Speaker 1>it launched, because the commercial actually comes from this era. Yeah,

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<v Speaker 1>but you know, six machines were just coming out. They

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<v Speaker 1>had several megs of RAM, which was big and new

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<v Speaker 1>and and three point five inch floppies were blowing people's minds, right. Yeah.

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<v Speaker 1>And so IBM looks at all these households, says, five

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<v Speaker 1>million homes and the entire United States are probably capable

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<v Speaker 1>of running Prodigy software. They probably have computers that can

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<v Speaker 1>do this. So five million, that's our target audience. We

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<v Speaker 1>want to hit those five million folks. Um. Yeah, that

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<v Speaker 1>was that turned out to be an ambitious target. In fact,

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<v Speaker 1>five million ends up being ambitious spoiler alert through the

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<v Speaker 1>entire life of Prodigy. Um yeah, but we'll we'll get

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<v Speaker 1>into that as we go further. So, the first cities

0:12:57.840 --> 0:13:02.280
<v Speaker 1>that received the service were San Francisco, There was Hartford, Connecticut,

0:13:02.320 --> 0:13:07.960
<v Speaker 1>and there was some other city, Atlantaza. For once Atlanta

0:13:08.080 --> 0:13:13.080
<v Speaker 1>gets something first. Um yeah, it ended along with technological

0:13:13.080 --> 0:13:17.360
<v Speaker 1>innovator Hartford, Connecticut. I well, you know, I don't make

0:13:17.400 --> 0:13:22.200
<v Speaker 1>fun of heart for Connecticut. Those people will scold you

0:13:22.440 --> 0:13:25.200
<v Speaker 1>at any rate. Yeah. So Atlanta, San Francisco, and Hartford

0:13:25.280 --> 0:13:27.760
<v Speaker 1>are the three cities that get it first, And I

0:13:28.200 --> 0:13:32.040
<v Speaker 1>honestly don't know why those three cities were the ones chosen.

0:13:32.080 --> 0:13:37.680
<v Speaker 1>Perhaps that the telecommunications infrastructure was just uh the best

0:13:38.160 --> 0:13:41.600
<v Speaker 1>in those three for for the services of Prodigy. But

0:13:41.880 --> 0:13:45.800
<v Speaker 1>so the startup package for getting this service was a

0:13:45.840 --> 0:13:48.640
<v Speaker 1>little bit complex because, like Jonathan was saying earlier, people

0:13:48.679 --> 0:13:51.320
<v Speaker 1>didn't have modems. They certainly didn't come in computers at

0:13:51.320 --> 0:13:53.960
<v Speaker 1>the time. Um, it was an add on sort of thing.

0:13:54.120 --> 0:13:58.200
<v Speaker 1>So the original kit cost at nine dollars and cents

0:13:58.640 --> 0:14:01.880
<v Speaker 1>to include that that motive, the software, and three months

0:14:01.920 --> 0:14:04.400
<v Speaker 1>of initial service. Three months of service yeah. Um, you

0:14:04.400 --> 0:14:07.560
<v Speaker 1>could also hypothetically if you happened to have a modem

0:14:07.640 --> 0:14:11.720
<v Speaker 1>by just software for right, and then how much was

0:14:12.200 --> 0:14:15.160
<v Speaker 1>service per month with with a yearly subscription it was

0:14:16.480 --> 0:14:18.720
<v Speaker 1>a month and a month to month it was twelve.

0:14:19.520 --> 0:14:22.200
<v Speaker 1>So there you go nine dollars per month if you

0:14:22.360 --> 0:14:24.000
<v Speaker 1>if you sign up for a full year, or twelve

0:14:24.080 --> 0:14:25.800
<v Speaker 1>ninety five per month if you were going month to

0:14:25.840 --> 0:14:29.120
<v Speaker 1>month basis uh and uh. And so they figured that

0:14:29.240 --> 0:14:32.160
<v Speaker 1>with that pricing, with that subscription model, if they got

0:14:32.280 --> 0:14:35.720
<v Speaker 1>enough people to subscribe, that would be an ongoing source

0:14:35.760 --> 0:14:39.000
<v Speaker 1>of revenue. Right, it's the same sort of model that

0:14:39.040 --> 0:14:42.160
<v Speaker 1>we see with things like pay to play um M

0:14:42.280 --> 0:14:45.520
<v Speaker 1>M O RPGs you know which now when now we're

0:14:45.520 --> 0:14:47.600
<v Speaker 1>seeing more and more of those move away from that

0:14:47.680 --> 0:14:49.960
<v Speaker 1>model and go to free to play and then pay

0:14:50.000 --> 0:14:54.320
<v Speaker 1>to access certain types of content. So nonetheless, the month

0:14:54.360 --> 0:14:56.960
<v Speaker 1>to month subscription fee was a change up at the

0:14:56.960 --> 0:14:59.160
<v Speaker 1>time I think that any anyone else who was in

0:14:59.200 --> 0:15:02.320
<v Speaker 1>the business, and maybe because maybe a O L was

0:15:02.360 --> 0:15:04.600
<v Speaker 1>starting at the same it was starting around the same time.

0:15:04.680 --> 0:15:08.080
<v Speaker 1>Yet and most other services that would be beginning around

0:15:08.200 --> 0:15:12.400
<v Speaker 1>that time, we're using UM pay per usage like per

0:15:12.440 --> 0:15:16.080
<v Speaker 1>per the minute or per per hour the data set. Right,

0:15:16.120 --> 0:15:18.680
<v Speaker 1>You didn't have you didn't have that many people offering

0:15:18.760 --> 0:15:22.680
<v Speaker 1>or that many companies I should say, offering a monthly

0:15:22.880 --> 0:15:26.480
<v Speaker 1>fee for their service. It was almost always uh you know,

0:15:26.600 --> 0:15:30.440
<v Speaker 1>maybe you get the first half hour of content at

0:15:30.480 --> 0:15:33.080
<v Speaker 1>one amount, and then above that it would be more

0:15:33.160 --> 0:15:36.840
<v Speaker 1>because another limitation on some of these early online service

0:15:36.880 --> 0:15:41.080
<v Speaker 1>providers was that they only had so many UH connections

0:15:41.080 --> 0:15:43.160
<v Speaker 1>that they can make at a single time within a

0:15:43.280 --> 0:15:46.080
<v Speaker 1>particular region. So if you if you have a phone

0:15:46.120 --> 0:15:48.600
<v Speaker 1>number that you're supposed to call with your computer, it

0:15:48.680 --> 0:15:51.880
<v Speaker 1>may be that the computer can handle, say one connections,

0:15:51.920 --> 0:15:54.120
<v Speaker 1>and beyond that, it can't handle more than that. And

0:15:54.160 --> 0:15:58.680
<v Speaker 1>so so allowing people continual access was potentially dangerous to

0:15:58.720 --> 0:16:01.080
<v Speaker 1>your customer base because you know, because everyone say like,

0:16:01.120 --> 0:16:03.240
<v Speaker 1>well I got your software, but I can never connect.

0:16:03.840 --> 0:16:06.800
<v Speaker 1>So it's just busy signals for years, right right, So

0:16:06.920 --> 0:16:10.520
<v Speaker 1>but now bigger companies, the next generation is never going

0:16:10.560 --> 0:16:13.720
<v Speaker 1>to have those Yeah, sorry, okay anyway, but yeah, so

0:16:15.040 --> 0:16:18.320
<v Speaker 1>the larger companies at this time could actually handle lots

0:16:18.320 --> 0:16:20.560
<v Speaker 1>of phone calls your local BBS is. I mean, I

0:16:20.600 --> 0:16:23.320
<v Speaker 1>remember this era where I would call into a local

0:16:23.360 --> 0:16:27.400
<v Speaker 1>BBS and there would be maybe five lines, and if

0:16:27.440 --> 0:16:29.920
<v Speaker 1>you called when those five lines were in operation, you

0:16:29.960 --> 0:16:32.000
<v Speaker 1>just had to wait and try and call again, like

0:16:32.080 --> 0:16:35.240
<v Speaker 1>in the half hour or an hour, or every ten

0:16:35.320 --> 0:16:37.400
<v Speaker 1>seconds if you were someone like me. But at any rate,

0:16:37.480 --> 0:16:39.760
<v Speaker 1>that's you know, this was this was a step up

0:16:39.840 --> 0:16:43.200
<v Speaker 1>above those local bbs is a big step up, not

0:16:43.320 --> 0:16:46.680
<v Speaker 1>just a tiny little incremental step. But but Prodigy was

0:16:46.720 --> 0:16:51.240
<v Speaker 1>in fact still regionally operated. It's I mean, they were

0:16:51.280 --> 0:16:54.520
<v Speaker 1>advertising in lots of other cities that they were planning

0:16:54.520 --> 0:16:56.920
<v Speaker 1>on expanding out to. Yeah, in fact, there was a

0:16:56.960 --> 0:17:01.440
<v Speaker 1>pretty extensive advertising campaign, including that fantastic commercial you showed

0:17:01.440 --> 0:17:03.400
<v Speaker 1>me before the episode, Lawrence, Well that one is from

0:17:03.440 --> 0:17:09.120
<v Speaker 1>all the way in clearly. Wow, so we're talking Prodigy

0:17:09.240 --> 0:17:12.320
<v Speaker 1>story is so different. But yeah, no, it's they were

0:17:12.359 --> 0:17:16.240
<v Speaker 1>really trying to drive adoption of this because it was

0:17:16.280 --> 0:17:18.160
<v Speaker 1>a brand new thing. You know. This is like I said,

0:17:18.200 --> 0:17:21.200
<v Speaker 1>this is before people for the most part, had ending

0:17:21.600 --> 0:17:24.680
<v Speaker 1>knowledge whatsoever of the Internet. You know, anyone who knew

0:17:24.680 --> 0:17:27.960
<v Speaker 1>about the Internet was working on the Internet, like building

0:17:27.960 --> 0:17:30.520
<v Speaker 1>the Internet. And so yeah, so talking to people about

0:17:30.640 --> 0:17:33.360
<v Speaker 1>you know, posting to bbs is or doing online shopping

0:17:33.520 --> 0:17:35.760
<v Speaker 1>or anything like that, or you know, looking at stocks

0:17:35.800 --> 0:17:38.239
<v Speaker 1>or weather online, people were like say, one, yeah, yea,

0:17:38.359 --> 0:17:41.919
<v Speaker 1>this is my computer, the thing that I used to

0:17:42.000 --> 0:17:46.119
<v Speaker 1>play a game on and occasionally try and create a

0:17:46.119 --> 0:17:49.159
<v Speaker 1>little program that says hello world. Um yeah, it's it

0:17:49.280 --> 0:17:52.399
<v Speaker 1>was a big change, a huge change as far as

0:17:52.440 --> 0:17:54.919
<v Speaker 1>computer use goes. It was really opening up the gates

0:17:54.960 --> 0:17:58.080
<v Speaker 1>to the potential for computers. And then on top of

0:17:58.119 --> 0:18:01.240
<v Speaker 1>that we then saw by the end of eight so

0:18:01.280 --> 0:18:02.920
<v Speaker 1>all of this is happening at eight eight, this is

0:18:02.920 --> 0:18:05.840
<v Speaker 1>a huge year for Prodigy, right, it's their launch year.

0:18:05.880 --> 0:18:08.879
<v Speaker 1>By the end of eighty eight, they have extended their

0:18:08.920 --> 0:18:11.800
<v Speaker 1>service to three more cities particularly Actually, I think it's

0:18:11.800 --> 0:18:14.600
<v Speaker 1>for cities. I just wrote down three, but their cities

0:18:14.640 --> 0:18:18.159
<v Speaker 1>in California, and those included Los Angeles, San Diego, Sacramento,

0:18:18.240 --> 0:18:20.199
<v Speaker 1>and I think Santa Barbara was also one. I just

0:18:20.240 --> 0:18:23.399
<v Speaker 1>didn't write it in my notes. Uh. And so you

0:18:23.480 --> 0:18:28.159
<v Speaker 1>had this, this this cool system, arguably cool. I guess

0:18:28.200 --> 0:18:30.720
<v Speaker 1>for me it was cool. I was an early Prodigy

0:18:30.800 --> 0:18:34.360
<v Speaker 1>user because I live in Atlanta. Uh. And they did

0:18:34.400 --> 0:18:39.199
<v Speaker 1>have their rivals, not just what would become American America Online,

0:18:39.200 --> 0:18:43.480
<v Speaker 1>not American but America Online, but also compu Serve, mind Spring,

0:18:43.680 --> 0:18:47.960
<v Speaker 1>earth Link. These are all they came on the scene

0:18:48.000 --> 0:18:51.320
<v Speaker 1>at different times, but they would all become rivals. Now.

0:18:51.920 --> 0:18:55.040
<v Speaker 1>The way this would work, generally speaking, is that when

0:18:55.040 --> 0:18:58.360
<v Speaker 1>you would use your computer to call into whatever computer

0:18:58.760 --> 0:19:01.720
<v Speaker 1>was in charge of your region, that computer could then

0:19:01.760 --> 0:19:05.600
<v Speaker 1>serve up all the information that was available on it.

0:19:05.680 --> 0:19:07.840
<v Speaker 1>And we'll talk more about the kind of services that

0:19:07.880 --> 0:19:10.280
<v Speaker 1>Prodigy offered towards the end of the podcast, but this

0:19:10.440 --> 0:19:14.280
<v Speaker 1>also includes you know, pretty basic stuff like news items,

0:19:14.680 --> 0:19:19.320
<v Speaker 1>financial stuff, bulletin boards where you can actually leave messages

0:19:19.359 --> 0:19:22.359
<v Speaker 1>and retrieve messages. There was even an email, although originally

0:19:22.400 --> 0:19:24.720
<v Speaker 1>that email would only allow you to send messages to

0:19:24.840 --> 0:19:28.680
<v Speaker 1>other people on the Prodigy service um and you could

0:19:28.680 --> 0:19:32.920
<v Speaker 1>get all that information. But although early ads talked about

0:19:32.960 --> 0:19:35.680
<v Speaker 1>it being updated throughout the day, originally the way these

0:19:35.720 --> 0:19:39.720
<v Speaker 1>services worked is that the the regional computer would connect

0:19:39.840 --> 0:19:42.840
<v Speaker 1>back to headquarters to a master computer once a day,

0:19:43.000 --> 0:19:44.959
<v Speaker 1>once a day, now once every twenty four hours, they

0:19:44.960 --> 0:19:47.600
<v Speaker 1>would get new content. So then that way, when you

0:19:47.680 --> 0:19:50.680
<v Speaker 1>log on the next day, you would get new news articles,

0:19:50.720 --> 0:19:53.680
<v Speaker 1>new financial reports, that kind of thing. But it would

0:19:53.680 --> 0:19:56.040
<v Speaker 1>stay like that all day long. It wouldn't get updated

0:19:56.080 --> 0:20:00.760
<v Speaker 1>throughout the day because again, these were all general computers

0:20:00.760 --> 0:20:03.960
<v Speaker 1>that were only intermittently connecting with a master computer. It

0:20:04.000 --> 0:20:07.479
<v Speaker 1>wasn't like a truly integrated network at this point. So

0:20:07.520 --> 0:20:10.199
<v Speaker 1>this was definitely a different kind of approach than what

0:20:10.280 --> 0:20:14.600
<v Speaker 1>we see today. By eighty nine, the estimate that IBM

0:20:14.640 --> 0:20:17.600
<v Speaker 1>had made had increased. No longer did they think that

0:20:17.640 --> 0:20:19.960
<v Speaker 1>there were five million homes out there that could run

0:20:20.000 --> 0:20:24.080
<v Speaker 1>Prodigy software. Now they believed there were nine million homes.

0:20:24.119 --> 0:20:27.280
<v Speaker 1>So that shows that the adoption of the personal computer,

0:20:27.320 --> 0:20:31.480
<v Speaker 1>and not just personal computers but more sophisticated personal computers

0:20:31.560 --> 0:20:35.480
<v Speaker 1>was on the rise. Uh. This still is before the

0:20:35.520 --> 0:20:38.520
<v Speaker 1>true explosion in personal computers. I mean there was a

0:20:38.600 --> 0:20:40.399
<v Speaker 1>time I think we even mentioned it in one of

0:20:40.400 --> 0:20:43.240
<v Speaker 1>our podcasts where Bill Gates had kind of projected out

0:20:43.320 --> 0:20:45.360
<v Speaker 1>how many computers he thought were going to be adopted,

0:20:45.359 --> 0:20:48.440
<v Speaker 1>and it turned out it was like a seventy fewer

0:20:48.480 --> 0:20:51.960
<v Speaker 1>than what actually happened, and now no one could predict it. Um.

0:20:52.000 --> 0:20:56.440
<v Speaker 1>The actual number of Prodigy customers at the time was Yeah.

0:20:56.480 --> 0:21:00.199
<v Speaker 1>So they remember, they're aiming for a customer bay that

0:21:00.240 --> 0:21:03.040
<v Speaker 1>they have estimated to be nine million people, and they

0:21:03.080 --> 0:21:07.880
<v Speaker 1>they land sixty thousand. That is brutal. I mean, that's

0:21:08.160 --> 0:21:11.679
<v Speaker 1>such a tiny percentage um. And then Prodigy launched in

0:21:11.720 --> 0:21:15.280
<v Speaker 1>New York City, but it only had partial coverage in

0:21:15.280 --> 0:21:17.880
<v Speaker 1>in the city. They had the thirteen markets in New

0:21:17.960 --> 0:21:20.920
<v Speaker 1>York City, but that meant that they had left out

0:21:20.960 --> 0:21:25.480
<v Speaker 1>about the population of New York City who had the

0:21:25.560 --> 0:21:28.840
<v Speaker 1>who had the technology to connect right, They had the ability,

0:21:28.920 --> 0:21:31.600
<v Speaker 1>but they didn't have the actual support, so they could

0:21:31.640 --> 0:21:34.879
<v Speaker 1>not be members of Prodigy at that time, so they

0:21:34.920 --> 0:21:40.920
<v Speaker 1>weren't able to capitalize on that very at least not efficiently. However,

0:21:40.920 --> 0:21:44.800
<v Speaker 1>by Prodigy did become available across the United States, I

0:21:44.800 --> 0:21:50.040
<v Speaker 1>believe when I got Prodigy up near Cleveland, Dish. Yeah, see,

0:21:50.359 --> 0:21:53.520
<v Speaker 1>I was already living not in Atlanta, but close enough

0:21:53.520 --> 0:21:57.080
<v Speaker 1>to Atlanta where I got the support, and by the

0:21:57.119 --> 0:22:01.840
<v Speaker 1>end of that year, their numbers had exploded almost tenfold. Really,

0:22:02.359 --> 0:22:06.000
<v Speaker 1>we're talking from six thd to six hundred thirty five thousand.

0:22:06.760 --> 0:22:09.760
<v Speaker 1>So but now granted they managed to go nationwide. Now,

0:22:09.840 --> 0:22:12.800
<v Speaker 1>so now you're talking about the entire US, not just

0:22:12.920 --> 0:22:18.119
<v Speaker 1>these little regions that they had been hitting previously, but

0:22:18.359 --> 0:22:22.840
<v Speaker 1>still only six thousand, and that put them in second place.

0:22:23.200 --> 0:22:27.720
<v Speaker 1>The first place provider was compu serve Um, which we

0:22:27.720 --> 0:22:30.080
<v Speaker 1>could also do an episode about copy serve at some point.

0:22:30.119 --> 0:22:33.320
<v Speaker 1>But compu Serve would eventually be acquired from H and

0:22:33.400 --> 0:22:35.720
<v Speaker 1>R Block, which at the time they were there the

0:22:35.760 --> 0:22:40.040
<v Speaker 1>owners at the time. The new owners would be America Online,

0:22:40.920 --> 0:22:44.919
<v Speaker 1>and of course America Online UH ends up being the

0:22:45.000 --> 0:22:48.840
<v Speaker 1>big daddy of the online service providers and probably made

0:22:49.320 --> 0:22:51.040
<v Speaker 1>I would say, I would argue that it made the

0:22:51.040 --> 0:22:55.880
<v Speaker 1>most effective transition from online service provider to internet service provider.

0:22:56.880 --> 0:22:59.959
<v Speaker 1>The two things are different. Yeah, I've seen estimates, by

0:23:00.040 --> 0:23:04.400
<v Speaker 1>the way, that about twenty five million households now held computers. Wow.

0:23:04.680 --> 0:23:08.199
<v Speaker 1>So yeah, huge numbers that are jumping up here. Right,

0:23:08.240 --> 0:23:10.160
<v Speaker 1>We went from five million to nine million, and nine

0:23:10.200 --> 0:23:14.320
<v Speaker 1>million to five million, So and you might be wondering, like,

0:23:14.359 --> 0:23:17.200
<v Speaker 1>how how is this even happening? This is Moore's law

0:23:17.440 --> 0:23:20.280
<v Speaker 1>in play, right. Moore's law is not just about how

0:23:20.320 --> 0:23:23.840
<v Speaker 1>computers get twice as powerful every two years or so.

0:23:24.240 --> 0:23:28.160
<v Speaker 1>It's also about how, because the processes get more sophisticated

0:23:28.200 --> 0:23:32.359
<v Speaker 1>over time, the technology itself decreases in price and cost

0:23:32.920 --> 0:23:35.199
<v Speaker 1>so more people can afford it. So not only are

0:23:35.240 --> 0:23:37.920
<v Speaker 1>they becoming more powerful, they're becoming more affordable, so you're

0:23:37.920 --> 0:23:40.800
<v Speaker 1>seeing higher adoption rates. This in particular way that was

0:23:40.920 --> 0:23:44.000
<v Speaker 1>a giant boom time. Yeah, yeah, this is and and

0:23:44.080 --> 0:23:46.640
<v Speaker 1>you know this is also ten years before we see

0:23:46.680 --> 0:23:50.080
<v Speaker 1>the the dot com bubble and uh so this is

0:23:50.240 --> 0:23:53.800
<v Speaker 1>right when the just the promise of the computer age

0:23:53.880 --> 0:23:57.480
<v Speaker 1>was really becoming realized. And still before the Internet is

0:23:57.520 --> 0:24:01.280
<v Speaker 1>a common household term. We don't see the World Wide

0:24:01.280 --> 0:24:05.399
<v Speaker 1>Web even start to emerge until two and we're just

0:24:05.480 --> 0:24:08.439
<v Speaker 1>in right now. Yeah. I mean, big big news for

0:24:08.440 --> 0:24:12.080
<v Speaker 1>Prodigy that year was they added an encyclopedia and zach

0:24:12.119 --> 0:24:16.960
<v Speaker 1>It's guide. Yeah yeah, and It's interesting also that even

0:24:17.000 --> 0:24:21.960
<v Speaker 1>though we're seeing this explosion at this time of adoption UH,

0:24:22.200 --> 0:24:25.119
<v Speaker 1>the analysts were looking at it and saying, well, you know,

0:24:26.240 --> 0:24:29.800
<v Speaker 1>you've got more subscribers, but you spent so much money

0:24:29.880 --> 0:24:32.840
<v Speaker 1>setting up this this company, perhaps as much as a

0:24:32.880 --> 0:24:36.560
<v Speaker 1>billion dollars by this time, that it's going to take

0:24:36.600 --> 0:24:40.600
<v Speaker 1>you years for you to become profitable, even and I

0:24:40.640 --> 0:24:43.439
<v Speaker 1>love I love how in my notes I don't know

0:24:43.440 --> 0:24:45.560
<v Speaker 1>what I was thinking in my notes by said dramatic

0:24:45.560 --> 0:24:48.440
<v Speaker 1>increase in Survivors. Apparently I had some sort of horror

0:24:48.480 --> 0:24:50.560
<v Speaker 1>movie going on in my brain. I meant, customers, you

0:24:50.880 --> 0:24:52.800
<v Speaker 1>are you are going to go be a zombie on stage?

0:24:52.920 --> 0:24:56.800
<v Speaker 1>That is true that I do have. I do have

0:24:56.840 --> 0:24:59.320
<v Speaker 1>to be a zombie in UH in approximately four hours.

0:24:59.440 --> 0:25:01.000
<v Speaker 1>So you allow to be a zombie on Talk Like

0:25:01.040 --> 0:25:04.160
<v Speaker 1>a Pirate Day? Is that? I mean? We're only recording

0:25:04.240 --> 0:25:06.560
<v Speaker 1>on Talk Like a Pirate Day. And I promised Lauren

0:25:06.600 --> 0:25:08.960
<v Speaker 1>that I was not going to torture her on Talk

0:25:09.000 --> 0:25:11.560
<v Speaker 1>Like a Pirate Day, particularly since by the time this publishes,

0:25:11.800 --> 0:25:13.760
<v Speaker 1>Talk Like a Pirate Day will be along in the past.

0:25:14.359 --> 0:25:16.679
<v Speaker 1>So you guys are going to be spared both the

0:25:16.760 --> 0:25:20.080
<v Speaker 1>zombie and the pirate. Uh. At any rate, Uh, the

0:25:20.160 --> 0:25:24.760
<v Speaker 1>survivors would be would still not end up giving enough money,

0:25:24.840 --> 0:25:28.280
<v Speaker 1>generating enough revenue for the company to be profitable for

0:25:28.320 --> 0:25:33.040
<v Speaker 1>several years. Hey, guys, Jonathan from twenty twenty here interrupting

0:25:33.080 --> 0:25:35.800
<v Speaker 1>the classic episode because it's time for us to take

0:25:35.960 --> 0:25:49.400
<v Speaker 1>a quick break, did something that was incredibly controversial within

0:25:49.440 --> 0:25:54.200
<v Speaker 1>the Prodigy community. Yeah, they started introducing these censorship rules. Yeah,

0:25:54.320 --> 0:25:56.359
<v Speaker 1>so which I mean, I mean, I guess it's not

0:25:56.720 --> 0:26:00.239
<v Speaker 1>censorship if it's not on a government. Yeah, they of all,

0:26:00.320 --> 0:26:03.400
<v Speaker 1>we we use censorship as as sort of the kind

0:26:03.400 --> 0:26:06.160
<v Speaker 1>of shorthand way of saying. Essentially, what they were saying

0:26:06.240 --> 0:26:08.600
<v Speaker 1>was that they didn't want to have any sort of

0:26:08.680 --> 0:26:12.480
<v Speaker 1>profanity or objectionable material on the Prodigy service because they

0:26:12.520 --> 0:26:16.240
<v Speaker 1>wanted it to be family friendly. So, now keep in mind,

0:26:16.359 --> 0:26:18.520
<v Speaker 1>some of the stuff that was going on on Prodigy

0:26:18.520 --> 0:26:21.920
<v Speaker 1>included these bulletin board systems where you could create messages,

0:26:22.000 --> 0:26:24.879
<v Speaker 1>leave messages, respond to messages. They almost became like a

0:26:24.920 --> 0:26:27.119
<v Speaker 1>message board. And I don't know if you guys have

0:26:27.160 --> 0:26:31.239
<v Speaker 1>ever been on the Internet, but sometimes people on this

0:26:31.280 --> 0:26:34.520
<v Speaker 1>sort of thing can get a little bit profane. Flame

0:26:34.560 --> 0:26:37.560
<v Speaker 1>wars can break out yeah, they can, they can start

0:26:37.720 --> 0:26:43.960
<v Speaker 1>throwing in some personal attacks. They can use some language

0:26:44.040 --> 0:26:48.840
<v Speaker 1>that is, as the pirates would say, salty. Uh so

0:26:48.840 --> 0:26:51.600
<v Speaker 1>so yeah, so for first profanity was outlawed, then flame

0:26:51.600 --> 0:26:56.040
<v Speaker 1>wars were outlawed, then the mention of another users handle. Yeah,

0:26:56.080 --> 0:26:58.560
<v Speaker 1>you weren't supposed to use any sort of member names.

0:26:58.760 --> 0:27:01.440
<v Speaker 1>In fact, I read one report that said that one

0:27:01.520 --> 0:27:04.040
<v Speaker 1>group got very much frustrated because it was a group

0:27:04.080 --> 0:27:09.000
<v Speaker 1>of coin collectors and they had a a thread about

0:27:09.080 --> 0:27:12.159
<v Speaker 1>the Roosevelt dime then, and because they were collectors who

0:27:12.200 --> 0:27:15.560
<v Speaker 1>were interested in Roosevelt dimes. But but one member had

0:27:15.600 --> 0:27:18.720
<v Speaker 1>to handle Roosevelt dime, which meant that they could not

0:27:18.800 --> 0:27:22.600
<v Speaker 1>actually write about it because it was a member handle. Yeah,

0:27:22.880 --> 0:27:27.880
<v Speaker 1>so these were these were got started. Yeah, well, handles

0:27:27.880 --> 0:27:31.040
<v Speaker 1>certainly had played a role in it. But yeah, you

0:27:31.119 --> 0:27:34.280
<v Speaker 1>see at this time that the users were really starting

0:27:34.280 --> 0:27:38.240
<v Speaker 1>to get aggravated by these policies. They felt that it

0:27:38.320 --> 0:27:42.280
<v Speaker 1>was unnecessary and that it was hampering their ability to communicate.

0:27:42.320 --> 0:27:45.560
<v Speaker 1>It was taking functionality away from the service that they

0:27:45.560 --> 0:27:48.560
<v Speaker 1>were paying for, right and uh And however it was

0:27:48.600 --> 0:27:50.920
<v Speaker 1>only on those those bulletin boards, So a lot of

0:27:50.960 --> 0:27:53.920
<v Speaker 1>traffic started shifting to email. Right, So people were using

0:27:53.960 --> 0:27:57.240
<v Speaker 1>the email service on Prodigy, which at this time was

0:27:57.320 --> 0:28:01.240
<v Speaker 1>still uh still very much restricted to Prodigy. It's not

0:28:01.280 --> 0:28:05.040
<v Speaker 1>like you were emailing outside. So imagine that your school

0:28:05.359 --> 0:28:08.119
<v Speaker 1>or your the business you work at that you have email,

0:28:08.200 --> 0:28:10.800
<v Speaker 1>but you are only able to email anyone else who

0:28:10.880 --> 0:28:14.240
<v Speaker 1>is also on that particular server, right, So you could

0:28:14.240 --> 0:28:16.520
<v Speaker 1>not email someone who works for another company or goes

0:28:16.560 --> 0:28:18.800
<v Speaker 1>to another school. You could only only other people who

0:28:18.800 --> 0:28:20.639
<v Speaker 1>were there are the ones that you could send messages to.

0:28:20.760 --> 0:28:22.760
<v Speaker 1>That's kind of what we're talking about at this time.

0:28:22.800 --> 0:28:25.880
<v Speaker 1>I mean, however, it wasn't like there were other services

0:28:25.920 --> 0:28:28.960
<v Speaker 1>that had had it much better, right right. You know,

0:28:29.320 --> 0:28:31.840
<v Speaker 1>until we see the inner connectivity to the internet, it

0:28:31.960 --> 0:28:36.520
<v Speaker 1>just doesn't really you don't get the the expanded capabilities.

0:28:36.560 --> 0:28:40.040
<v Speaker 1>Although again in commercial business that had already happened there

0:28:40.040 --> 0:28:42.840
<v Speaker 1>were businesses that had email or you could send it

0:28:42.880 --> 0:28:44.880
<v Speaker 1>to people other than the ones that were on your

0:28:44.960 --> 0:28:48.400
<v Speaker 1>email server. Consumer level, consumer levels still pretty much a

0:28:48.480 --> 0:28:51.960
<v Speaker 1>novelty UM. Now. I will also say that this is

0:28:52.000 --> 0:28:56.680
<v Speaker 1>when Prodigy changed one of its other email UM policies,

0:28:56.680 --> 0:28:58.640
<v Speaker 1>but I'll talk about that when we get into the

0:28:58.680 --> 0:29:02.720
<v Speaker 1>services that they provide. It was. It was in response

0:29:02.760 --> 0:29:06.240
<v Speaker 1>to the fact that everyone started using more email. Uh see,

0:29:06.240 --> 0:29:07.959
<v Speaker 1>you also have to keep in mind that the data

0:29:08.240 --> 0:29:10.880
<v Speaker 1>that is being sent back and forth, while it's it

0:29:10.920 --> 0:29:13.520
<v Speaker 1>tends to be in small packets. Once you get up,

0:29:13.680 --> 0:29:18.640
<v Speaker 1>you know, you have those numbers increase. Data transfer wasn't free,

0:29:18.880 --> 0:29:23.360
<v Speaker 1>you know, sending information across telephone company lines cost money,

0:29:23.400 --> 0:29:26.120
<v Speaker 1>and it cost Prodigy money. And in fact, that was

0:29:26.160 --> 0:29:28.440
<v Speaker 1>one of the biggest problems that Prodigy had was that

0:29:28.480 --> 0:29:31.880
<v Speaker 1>their their costs were much greater than the revenue they

0:29:31.880 --> 0:29:36.240
<v Speaker 1>were bringing in. So if they were to offer up

0:29:36.320 --> 0:29:39.160
<v Speaker 1>something that originally was free, as in it was part

0:29:39.200 --> 0:29:43.280
<v Speaker 1>of what your paid service already covered, and everyone started

0:29:43.360 --> 0:29:46.800
<v Speaker 1>using it, then they would start incurring greater costs as

0:29:46.800 --> 0:29:49.560
<v Speaker 1>a result. So that would end up giving them the

0:29:49.600 --> 0:29:53.280
<v Speaker 1>incentive to make it less free. In other words, you

0:29:53.280 --> 0:29:56.080
<v Speaker 1>would have to pay an extra surcharge on top of

0:29:56.080 --> 0:29:59.640
<v Speaker 1>your monthly feet in order to use certain services, because

0:29:59.720 --> 0:30:03.880
<v Speaker 1>that's only way that Prodigy could either put a little

0:30:03.920 --> 0:30:07.040
<v Speaker 1>bit of a control on the traffic that you know,

0:30:07.040 --> 0:30:08.960
<v Speaker 1>it would decrease the traffic because people didn't want to

0:30:08.960 --> 0:30:11.880
<v Speaker 1>pay for it, or they could recapture costs if people

0:30:11.960 --> 0:30:14.400
<v Speaker 1>really wanted it, and they would pay for it anyway. Right.

0:30:14.440 --> 0:30:19.320
<v Speaker 1>That was also they increased their monthly subscription fee too,

0:30:20.560 --> 0:30:22.520
<v Speaker 1>and they also in response to that, they also had

0:30:22.600 --> 0:30:27.320
<v Speaker 1>more subscribers by then too, right, yeah, one seven million. Yeah,

0:30:27.360 --> 0:30:29.880
<v Speaker 1>so that's you know, they're they're on the on the rise.

0:30:29.920 --> 0:30:32.000
<v Speaker 1>And I'll keep in mind that by now we're talking

0:30:32.040 --> 0:30:35.320
<v Speaker 1>about millions and millions of computers capable of running Prodigy.

0:30:35.400 --> 0:30:38.600
<v Speaker 1>But the Prodigy was still losing money at this time. Yeah,

0:30:38.680 --> 0:30:41.360
<v Speaker 1>they still were not making a profit. In fact, Walter

0:30:41.480 --> 0:30:45.240
<v Speaker 1>Mossberg and anyone who has followed technology for any length

0:30:45.280 --> 0:30:47.959
<v Speaker 1>of time has heard that name. Walter Mossburg has written

0:30:48.040 --> 0:30:52.480
<v Speaker 1>extensively about technology companies over the past couple of decades,

0:30:52.920 --> 0:30:56.440
<v Speaker 1>criticized Prodigy, saying it lacked many features and then it

0:30:56.480 --> 0:30:58.880
<v Speaker 1>was really kind of difficult to use. It was slow,

0:30:59.680 --> 0:31:03.440
<v Speaker 1>and it wasn't necessarily intuitive. That you know, while it

0:31:03.520 --> 0:31:06.040
<v Speaker 1>might be easier to use than say an old Bold

0:31:06.120 --> 0:31:08.680
<v Speaker 1>and Board system where you had to you know, tip

0:31:08.800 --> 0:31:11.920
<v Speaker 1>through text commands to to navigate through it, it still

0:31:11.960 --> 0:31:15.880
<v Speaker 1>didn't make a whole lot of intuitive sense, according to Mossburg.

0:31:16.280 --> 0:31:20.320
<v Speaker 1>And that didn't new Prodigy very many figures moving on

0:31:20.360 --> 0:31:24.040
<v Speaker 1>to ninety three. That's when Prodigy incorporated a new feature

0:31:24.040 --> 0:31:28.760
<v Speaker 1>and its software, which was Internet connectivity. Now, they weren't

0:31:29.200 --> 0:31:32.120
<v Speaker 1>giving you the next necessarily giving you the access to

0:31:32.560 --> 0:31:34.720
<v Speaker 1>a web browser. You could get a web browser and

0:31:34.800 --> 0:31:37.560
<v Speaker 1>use Prodigy to connect to the Internet, but there wasn't

0:31:38.040 --> 0:31:41.560
<v Speaker 1>one incorporated directly into Prodigy at that time, so they're

0:31:41.600 --> 0:31:44.040
<v Speaker 1>really still just an online service provider. However, what it

0:31:44.080 --> 0:31:47.200
<v Speaker 1>did allow you to do is use email to send

0:31:47.280 --> 0:31:51.520
<v Speaker 1>messages to people, yes, people who were not on the

0:31:51.560 --> 0:31:55.360
<v Speaker 1>Prodigy island, and that year the company we actually start

0:31:55.400 --> 0:31:57.880
<v Speaker 1>having figures now for how much money the company was losing.

0:31:57.960 --> 0:32:00.960
<v Speaker 1>Keep in mind during this time, Prodigy is a privately

0:32:02.040 --> 0:32:06.280
<v Speaker 1>run business. It's not it's not its own publicly traded company.

0:32:06.320 --> 0:32:09.719
<v Speaker 1>It's a partnership between IBM and Sears, but it's not

0:32:09.840 --> 0:32:12.560
<v Speaker 1>itself a publicly traded company, so it doesn't have to

0:32:13.280 --> 0:32:17.560
<v Speaker 1>file all of its corporate finances with the government, or

0:32:17.600 --> 0:32:20.280
<v Speaker 1>well does, but not with the public like we don't

0:32:20.280 --> 0:32:22.880
<v Speaker 1>have access to it. The government certainly did because otherwise

0:32:22.880 --> 0:32:25.720
<v Speaker 1>the ass gets a little ansy. But the company that year,

0:32:25.800 --> 0:32:32.440
<v Speaker 1>according to some sources, lost about sixty million dollars, so

0:32:32.800 --> 0:32:36.040
<v Speaker 1>a sixty million dollar loss is not only not profitable,

0:32:36.080 --> 0:32:40.200
<v Speaker 1>but ouch. Yeah. This this figure comes from funding Universe,

0:32:40.200 --> 0:32:41.840
<v Speaker 1>and I got to give them a shout out because

0:32:41.880 --> 0:32:46.800
<v Speaker 1>they have a great uh summary of prodigies history and

0:32:46.840 --> 0:32:49.600
<v Speaker 1>I managed to find a lot of my research from

0:32:49.760 --> 0:32:54.240
<v Speaker 1>funding Universe. Uh. So that's when Prodigy hits its customer

0:32:54.320 --> 0:32:58.800
<v Speaker 1>base peak about two million. Yeah, now that's that's its

0:32:58.840 --> 0:33:02.800
<v Speaker 1>peak based upon on its own customers during the heyday

0:33:02.800 --> 0:33:06.320
<v Speaker 1>of Prodigy. There is something that will change dramatically changed

0:33:06.360 --> 0:33:09.640
<v Speaker 1>Prodigy late in its life that that blows that number

0:33:09.680 --> 0:33:13.280
<v Speaker 1>all the water. But you can't really count it because

0:33:13.280 --> 0:33:18.440
<v Speaker 1>it's it's not customers that Prodigy themselves gleaned, right. It

0:33:18.480 --> 0:33:21.280
<v Speaker 1>was almost like Prodigy was thrust upon them as opposed

0:33:21.280 --> 0:33:24.040
<v Speaker 1>to as opposed that they came to Prodigy, right, But

0:33:24.120 --> 0:33:26.960
<v Speaker 1>we'll talk about that when we get there. So two

0:33:27.000 --> 0:33:30.640
<v Speaker 1>million customers, so obviously they never really hit that that

0:33:30.760 --> 0:33:33.600
<v Speaker 1>promised five million that they really wanted to get. Uh.

0:33:33.680 --> 0:33:37.160
<v Speaker 1>And they also expanded UM in October. I think you're

0:33:37.160 --> 0:33:40.280
<v Speaker 1>about to say they they expanded UM to let users

0:33:40.640 --> 0:33:43.840
<v Speaker 1>use us net using usenet. That was a great phraseology

0:33:43.880 --> 0:33:47.640
<v Speaker 1>that it's almost impossible to avoid. I mean that when

0:33:47.640 --> 0:33:50.920
<v Speaker 1>you're services name is used net, it's going to happen.

0:33:51.320 --> 0:33:54.760
<v Speaker 1>But yeah, use net is another bolton board message board

0:33:54.840 --> 0:33:58.440
<v Speaker 1>kind of system where anyone who's used us net knows

0:33:58.520 --> 0:34:01.120
<v Speaker 1>that this was c tells you can't get around it.

0:34:01.440 --> 0:34:06.480
<v Speaker 1>Anyone who has taken advantage of use net services knows

0:34:06.560 --> 0:34:09.240
<v Speaker 1>that this is someplace where people where it would share

0:34:09.360 --> 0:34:13.960
<v Speaker 1>lots of different things, files, pictures, information about different topics.

0:34:14.239 --> 0:34:16.880
<v Speaker 1>A lot of message boards that you will find on

0:34:16.920 --> 0:34:20.319
<v Speaker 1>the Internet really had their origin back in the use

0:34:20.360 --> 0:34:24.720
<v Speaker 1>net days, and you could find pretty much any interest

0:34:24.760 --> 0:34:27.759
<v Speaker 1>you can imagine. There was a use net dedicated to it.

0:34:27.760 --> 0:34:30.040
<v Speaker 1>There was a more a thread dedicated to thinking back

0:34:30.080 --> 0:34:32.640
<v Speaker 1>here reminds me a little bit of like Reddit these days. Yeah,

0:34:32.920 --> 0:34:35.800
<v Speaker 1>right right, Yeah. It's just or just like the idea

0:34:35.880 --> 0:34:38.239
<v Speaker 1>that somewhere someone has made a web page about the

0:34:38.320 --> 0:34:41.080
<v Speaker 1>thing you're thinking of. The example I will give is

0:34:41.120 --> 0:34:43.240
<v Speaker 1>I remember when I was working for a consulting firm

0:34:43.320 --> 0:34:46.880
<v Speaker 1>years ago. I decided to are one of the consultants

0:34:46.880 --> 0:34:50.120
<v Speaker 1>I was working with wanted in a particular presentation to

0:34:50.200 --> 0:34:53.040
<v Speaker 1>have a picture of a wammy. You know what a

0:34:53.040 --> 0:34:55.919
<v Speaker 1>wammy is no more? Wammy's no more wammy's. So there's

0:34:55.920 --> 0:34:57.919
<v Speaker 1>a game show in the eighties called Press Your Luck,

0:34:58.239 --> 0:35:01.719
<v Speaker 1>maybe early nineties called Press Your Luck, And uh, the

0:35:01.760 --> 0:35:04.000
<v Speaker 1>way the game show worked was this little board would

0:35:04.040 --> 0:35:06.480
<v Speaker 1>light up and at the light would move from one

0:35:06.480 --> 0:35:09.000
<v Speaker 1>block to the next, and you would press a button

0:35:09.080 --> 0:35:11.279
<v Speaker 1>and that would stop the light and it would either

0:35:11.680 --> 0:35:14.080
<v Speaker 1>land on a great prize or something called a whammy.

0:35:14.160 --> 0:35:15.719
<v Speaker 1>And if you've got too many whammy's, you were out

0:35:15.719 --> 0:35:18.040
<v Speaker 1>of the game. So she wanted a picture of a whammy.

0:35:18.080 --> 0:35:21.080
<v Speaker 1>And I thought, surely someone this. Keep in mind, this

0:35:21.120 --> 0:35:23.160
<v Speaker 1>is in the nineties when I'm saying this, So surely

0:35:23.160 --> 0:35:25.399
<v Speaker 1>someone's made a web page about whammy's. And I did

0:35:25.440 --> 0:35:28.000
<v Speaker 1>did the search, and sure enough I found five now,

0:35:28.600 --> 0:35:30.400
<v Speaker 1>which just goes to show that if you could think

0:35:30.440 --> 0:35:33.520
<v Speaker 1>about it, someone's made a web page about it. So so,

0:35:33.520 --> 0:35:35.000
<v Speaker 1>so this was for an additional fee that was for

0:35:35.080 --> 0:35:38.080
<v Speaker 1>three dollars and sixty cents per hour because it was

0:35:38.160 --> 0:35:42.239
<v Speaker 1>so information so data intensive. Well, yeah, it took up

0:35:42.360 --> 0:35:45.080
<v Speaker 1>telephone lines again, so you know the fact that it

0:35:45.160 --> 0:35:49.200
<v Speaker 1>was requiring Prodigy to have these lines open, and thus

0:35:49.239 --> 0:35:51.560
<v Speaker 1>they had to pay for them. They ended up putting

0:35:51.600 --> 0:35:54.799
<v Speaker 1>three dollars and sixty cents per hour as the surcharge.

0:35:55.239 --> 0:35:58.360
<v Speaker 1>They also introduced chat rooms that year, and they introduced

0:35:58.400 --> 0:36:01.080
<v Speaker 1>them free of charge. As it turns out, was a

0:36:01.200 --> 0:36:03.880
<v Speaker 1>terrible idea. Yeah, from a business perspective, it was a

0:36:03.960 --> 0:36:06.560
<v Speaker 1>terrible idea, because every from a customer perspective, it was

0:36:06.560 --> 0:36:09.719
<v Speaker 1>a brilliant idea. And now I can communicate with people

0:36:09.760 --> 0:36:12.040
<v Speaker 1>in real time and chat rooms with lots of other

0:36:12.080 --> 0:36:14.160
<v Speaker 1>people all at the same time. But for Prodigy there

0:36:14.160 --> 0:36:18.240
<v Speaker 1>were two big problems. Well, that's also really data intensive, yeah,

0:36:18.360 --> 0:36:22.560
<v Speaker 1>and also people will say the darnedest things when they

0:36:22.560 --> 0:36:27.680
<v Speaker 1>get together. Uh. And so the telecommunications charges went through

0:36:27.680 --> 0:36:30.959
<v Speaker 1>the roof, and the content was something that Prodigy could

0:36:30.960 --> 0:36:33.439
<v Speaker 1>not control. They couldn't censor that the way they could

0:36:33.520 --> 0:36:36.879
<v Speaker 1>the bulletin board messages or the other services. In fact,

0:36:36.880 --> 0:36:39.240
<v Speaker 1>there was a time where there was even a rumor

0:36:39.280 --> 0:36:42.400
<v Speaker 1>that they were looking at emails, although they never were,

0:36:42.440 --> 0:36:45.840
<v Speaker 1>but the rumor broke out that they were. So uh.

0:36:46.120 --> 0:36:50.200
<v Speaker 1>They ended up shutting down the chat rooms um eventually

0:36:50.280 --> 0:36:54.279
<v Speaker 1>because of the the rising cost of operating them and

0:36:54.400 --> 0:36:57.240
<v Speaker 1>the fact that they could not be certain that people

0:36:57.280 --> 0:37:00.600
<v Speaker 1>would behave themselves in the chat rooms. According to Prodigies,

0:37:01.080 --> 0:37:04.759
<v Speaker 1>idea of how people should behave themselves. The company that

0:37:04.840 --> 0:37:07.719
<v Speaker 1>year lost fifty two millions, so although it lost a

0:37:07.719 --> 0:37:09.799
<v Speaker 1>lot of money, it was less money than it lost

0:37:09.800 --> 0:37:14.919
<v Speaker 1>the year before. I guess, um, that brings us up

0:37:15.120 --> 0:37:18.960
<v Speaker 1>to right. So, oh, ninety five, that's when that's when

0:37:19.160 --> 0:37:24.600
<v Speaker 1>Rock and Roll found Prodigy. Um the former head of

0:37:24.680 --> 0:37:27.279
<v Speaker 1>VH one, or one of the former heads of VH one,

0:37:27.640 --> 0:37:31.040
<v Speaker 1>Edward Bennett, who had really turned the company around. Yeah,

0:37:31.080 --> 0:37:35.920
<v Speaker 1>I had really turned VH one from a struggling channel

0:37:36.040 --> 0:37:38.920
<v Speaker 1>into a success. I'm sure pop up video must have

0:37:38.960 --> 0:37:41.120
<v Speaker 1>been one of those things that was just came out

0:37:41.120 --> 0:37:44.000
<v Speaker 1>of that that era. He joined, He joined Prodigy as

0:37:44.040 --> 0:37:46.920
<v Speaker 1>the new CEO. Yep, And that same year they launched

0:37:47.200 --> 0:37:51.120
<v Speaker 1>a web browser, Prodigy branded web browser, so you would

0:37:51.760 --> 0:37:54.280
<v Speaker 1>go into your Prodigy account and then you could access

0:37:54.320 --> 0:37:56.960
<v Speaker 1>the world Wide Web. Uh. And in ninety five, it

0:37:57.040 --> 0:38:01.440
<v Speaker 1>was still still pretty much a Wild West kind of territory,

0:38:01.560 --> 0:38:04.840
<v Speaker 1>although it was certainly getting larger adoption by then. The

0:38:05.080 --> 0:38:09.359
<v Speaker 1>customers also could uh. Well, they now accounted for about

0:38:09.400 --> 0:38:11.839
<v Speaker 1>let's see, I think there's one million of them, so

0:38:11.960 --> 0:38:15.440
<v Speaker 1>the numbers are actually dropped than before. But the company

0:38:15.480 --> 0:38:18.719
<v Speaker 1>claimed that it was on track to becoming profitable, which

0:38:18.880 --> 0:38:21.239
<v Speaker 1>had been claiming for the past ten years, right, right,

0:38:21.280 --> 0:38:23.200
<v Speaker 1>But they're they're saying, no, we really mean it now,

0:38:23.400 --> 0:38:25.680
<v Speaker 1>we are we are on the road to becoming a

0:38:25.680 --> 0:38:29.960
<v Speaker 1>profitable business. They lost thirty four point six million dollars

0:38:29.960 --> 0:38:33.640
<v Speaker 1>in that year, but less than the previous two years

0:38:34.360 --> 0:38:37.919
<v Speaker 1>half of half, like two years ago. Yeah, so they're

0:38:37.920 --> 0:38:40.839
<v Speaker 1>losing less money year over year, which means that, in

0:38:40.840 --> 0:38:42.640
<v Speaker 1>a way, you could say they're on the road to

0:38:42.680 --> 0:38:49.240
<v Speaker 1>being profitable, assuming they can continue that trend. However, IBM

0:38:49.280 --> 0:38:52.960
<v Speaker 1>and Sears basically bailed. Yeah, they said, you know what, guys,

0:38:53.280 --> 0:38:57.040
<v Speaker 1>it's been fun, but it's also been holy heck on

0:38:57.080 --> 0:39:00.520
<v Speaker 1>our wallets, right, because I mean they you know, definitely

0:39:01.120 --> 0:39:04.040
<v Speaker 1>over a billion dollars in investments spent at that point

0:39:04.160 --> 0:39:06.440
<v Speaker 1>and in laws and revenue. The fact that they were

0:39:06.480 --> 0:39:08.720
<v Speaker 1>losing money year over year meant that that one billion

0:39:08.880 --> 0:39:11.279
<v Speaker 1>was just a starting point. They had to keep the

0:39:11.320 --> 0:39:14.600
<v Speaker 1>company afloat during these years too, um so they so

0:39:14.640 --> 0:39:19.240
<v Speaker 1>they wound up selling Producy Services Company to a company

0:39:19.239 --> 0:39:23.520
<v Speaker 1>called International Wireless Incorporated. That the new management team was

0:39:23.560 --> 0:39:28.400
<v Speaker 1>still led by Edward Bennett. But but yeah, they had

0:39:28.440 --> 0:39:32.320
<v Speaker 1>some they cleared some house. Yeah yeah, in order to

0:39:32.360 --> 0:39:33.600
<v Speaker 1>get it ready for the sale. I think that they

0:39:33.760 --> 0:39:36.360
<v Speaker 1>dropped seventeen percent of their workforce. Yeah. Yeah. It was

0:39:36.400 --> 0:39:39.279
<v Speaker 1>one of those strategies that companies sometimes used in order

0:39:39.320 --> 0:39:42.640
<v Speaker 1>to make them look better than than how they're operating.

0:39:42.800 --> 0:39:45.600
<v Speaker 1>They lower operating costs in a way to lower operating

0:39:45.600 --> 0:39:48.560
<v Speaker 1>costs get rid of some of those pesky salaries. Yeah,

0:39:48.640 --> 0:39:50.759
<v Speaker 1>I mean that, you know. Either way, this sale was

0:39:50.840 --> 0:39:54.160
<v Speaker 1>for seventy eight point two million, which is embarrassing. Yeah,

0:39:54.200 --> 0:39:56.680
<v Speaker 1>when you look at it, over a billion dollars in

0:39:56.840 --> 0:40:00.120
<v Speaker 1>investments over the years, plus however much was need to

0:40:00.200 --> 0:40:02.680
<v Speaker 1>keep the company afloat. Selling it for somebody eight point

0:40:02.680 --> 0:40:05.680
<v Speaker 1>two million is really cutting your losses whether or not.

0:40:05.800 --> 0:40:10.480
<v Speaker 1>That's the biggest uh, you know, biggest uh dump as

0:40:10.520 --> 0:40:12.719
<v Speaker 1>far as it goes. No, there are other ones that

0:40:12.760 --> 0:40:14.959
<v Speaker 1>are even worse. I mean you can argue like things

0:40:15.000 --> 0:40:18.480
<v Speaker 1>like MySpace and uh and there are other properties that

0:40:18.760 --> 0:40:23.000
<v Speaker 1>had really dramatic investments and then a huge drop off.

0:40:23.480 --> 0:40:28.319
<v Speaker 1>But it's it's definitely up there. So uh. The new

0:40:28.400 --> 0:40:31.880
<v Speaker 1>strategy that the company has is to really kind of

0:40:31.920 --> 0:40:36.240
<v Speaker 1>branch out to still offer the online service provider provider

0:40:36.320 --> 0:40:38.520
<v Speaker 1>services that it had. So in other words, you know,

0:40:38.560 --> 0:40:40.600
<v Speaker 1>this would still be something that you would log into

0:40:40.640 --> 0:40:43.920
<v Speaker 1>and you would have your curated content. Uh. And you

0:40:43.960 --> 0:40:48.560
<v Speaker 1>could then also access some Internet functionality that was packaged

0:40:48.600 --> 0:40:51.720
<v Speaker 1>under the name Prodigy Classic, right, or you could actually

0:40:51.840 --> 0:40:54.439
<v Speaker 1>use Prodigy as an Internet service provider, and this would

0:40:54.480 --> 0:40:57.520
<v Speaker 1>be the company that would give you the access to

0:40:57.680 --> 0:41:00.600
<v Speaker 1>the Internet, so you could browse the Internet, send email,

0:41:00.640 --> 0:41:02.560
<v Speaker 1>all the kind of stuff that we do all the time.

0:41:03.000 --> 0:41:06.279
<v Speaker 1>And that one that that service had an interesting name,

0:41:06.600 --> 0:41:09.000
<v Speaker 1>So you had Prodect Classic, and then the Internet service

0:41:09.000 --> 0:41:16.160
<v Speaker 1>provider branch was called Prodigy Internet. Really really creative marketing

0:41:16.160 --> 0:41:18.600
<v Speaker 1>forces here. The company that year had also changed its

0:41:18.640 --> 0:41:22.480
<v Speaker 1>name to Prodigy Incorporated. Yep, yep, So now it's Prodigy Inc.

0:41:22.880 --> 0:41:26.840
<v Speaker 1>And uh, they changed the subscription package. Now it was

0:41:26.920 --> 0:41:32.600
<v Speaker 1>no longer for either service. It was now you had

0:41:32.600 --> 0:41:36.800
<v Speaker 1>to spend whether it was Prodigy Classic or prod Internet

0:41:36.840 --> 0:41:39.520
<v Speaker 1>didn't matter which. Uh. And that year the company lost

0:41:39.600 --> 0:41:42.600
<v Speaker 1>ninety point eight million dollars. Yeah, And so I mean

0:41:42.640 --> 0:41:45.200
<v Speaker 1>you keep in mind that the overall market all had

0:41:45.200 --> 0:41:49.319
<v Speaker 1>been adding some three thousand subscribers per month um and

0:41:49.360 --> 0:41:52.919
<v Speaker 1>had in fact declined to take over Prodigy yeah. They

0:41:53.400 --> 0:41:56.520
<v Speaker 1>they supposedly visited the premises at some point and went,

0:41:56.560 --> 0:41:59.640
<v Speaker 1>you know, we're doing okay. They went to White Plains,

0:41:59.680 --> 0:42:04.920
<v Speaker 1>New York, which is where Prodigy was headquartered, and Microsoft Network,

0:42:04.920 --> 0:42:06.799
<v Speaker 1>which had been online for less than a year, had

0:42:06.800 --> 0:42:10.080
<v Speaker 1>already surpassed Prodigy and subscribers. Yeah, so this is one

0:42:10.120 --> 0:42:13.000
<v Speaker 1>of those things where, uh, and we'll talk a little bit,

0:42:13.040 --> 0:42:15.239
<v Speaker 1>I guess towards the end about what we think kind

0:42:15.239 --> 0:42:18.000
<v Speaker 1>of went wrong with Prodigy. I can at least speak

0:42:18.040 --> 0:42:21.560
<v Speaker 1>to that a little bit. But it became pretty clear

0:42:21.600 --> 0:42:26.560
<v Speaker 1>in hindsight that Prodigy made some poor choices. Jonathwenty here again,

0:42:26.600 --> 0:42:37.120
<v Speaker 1>we're gonna take another quick break, but we'll be right back. Alright,

0:42:37.120 --> 0:42:40.520
<v Speaker 1>So we left off in nineteen six, so logically we

0:42:40.560 --> 0:42:44.879
<v Speaker 1>should then move on to crazy talk. That was when

0:42:44.920 --> 0:42:49.280
<v Speaker 1>Prodigy split into three divisions. So you had two divisions

0:42:49.320 --> 0:42:51.839
<v Speaker 1>that looked at the core services. One of them were

0:42:52.080 --> 0:42:55.480
<v Speaker 1>was specifically focused on domestic and one on international. But

0:42:55.520 --> 0:42:58.239
<v Speaker 1>you had a third division as well, right, That one

0:42:58.360 --> 0:43:01.520
<v Speaker 1>was all about software developments. That was about building a

0:43:01.560 --> 0:43:06.040
<v Speaker 1>new functionality and improving the existing functionality of the Prodigy service.

0:43:06.080 --> 0:43:08.000
<v Speaker 1>That was all that it was doing, which they were doing.

0:43:08.239 --> 0:43:12.640
<v Speaker 1>They had, around as the similar time, launched a supposedly

0:43:12.680 --> 0:43:15.920
<v Speaker 1>the first bulletin board archive, which was essentially a search engine,

0:43:16.000 --> 0:43:18.400
<v Speaker 1>and that was kind of a new crazy thing within

0:43:18.719 --> 0:43:23.520
<v Speaker 1>the bulletin board messaging board world. Yeah, we had some

0:43:23.600 --> 0:43:26.480
<v Speaker 1>early search engines in those nineties cash, I remember things

0:43:26.520 --> 0:43:29.319
<v Speaker 1>like web crawler. But this is you know, this is

0:43:29.440 --> 0:43:33.720
<v Speaker 1>right when companies like Google are just starting to bloom.

0:43:33.800 --> 0:43:38.320
<v Speaker 1>They're not even really on the horizon yet for most people.

0:43:38.440 --> 0:43:41.640
<v Speaker 1>So it was certainly something that was still seen as

0:43:41.719 --> 0:43:46.719
<v Speaker 1>very much innovative. UM. As for the international UH efforts

0:43:46.920 --> 0:43:50.400
<v Speaker 1>on part of Prodigy, we mentioned earlier that Europe was

0:43:50.520 --> 0:43:54.440
<v Speaker 1>very much saturated with online service providers and internet service

0:43:54.440 --> 0:43:57.480
<v Speaker 1>providers of their own, so Prodigy really didn't see like

0:43:57.520 --> 0:44:00.799
<v Speaker 1>there was a great in road in Teably never even

0:44:00.800 --> 0:44:03.400
<v Speaker 1>went there. They were just like, you know, so they

0:44:03.400 --> 0:44:07.319
<v Speaker 1>started looking at other markets, and mainly at that time

0:44:07.360 --> 0:44:11.399
<v Speaker 1>it was Africa and China. They also started to make

0:44:11.560 --> 0:44:14.960
<v Speaker 1>some impact in Mexico and in fact that would become

0:44:14.960 --> 0:44:19.200
<v Speaker 1>more important, very important. UM they had around well in

0:44:19.280 --> 0:44:21.680
<v Speaker 1>ninety seven, they estimated that they needed about one point

0:44:21.760 --> 0:44:25.560
<v Speaker 1>five million customers in order to break even. UH. They

0:44:25.560 --> 0:44:28.360
<v Speaker 1>did not have one point five million customers. In ninety

0:44:28.400 --> 0:44:32.200
<v Speaker 1>seven they had about sixteen thousand compared to A O

0:44:32.320 --> 0:44:36.120
<v Speaker 1>L's like eight million, right, and and that six thousand.

0:44:36.160 --> 0:44:38.839
<v Speaker 1>They actually had more customers than that, but six and

0:44:38.920 --> 0:44:41.920
<v Speaker 1>thirteen thousand were the billable customers because because you know,

0:44:41.960 --> 0:44:44.719
<v Speaker 1>they might have joined the service, but they were in

0:44:44.760 --> 0:44:48.920
<v Speaker 1>that free free period, so they weren't being build for that. Actually,

0:44:48.960 --> 0:44:51.360
<v Speaker 1>that was the year that FTC that the the Federal

0:44:51.360 --> 0:44:54.080
<v Speaker 1>Trade Commission charged Prodigy, compu Serve, and a O L

0:44:54.160 --> 0:44:57.200
<v Speaker 1>with all having made unclear free trial offers that didn't

0:44:57.200 --> 0:45:00.520
<v Speaker 1>sufficiently warn their customers about being automatically built at the

0:45:00.600 --> 0:45:04.280
<v Speaker 1>end of the trial period. Excellent. I actually saw that lawsuit,

0:45:04.360 --> 0:45:07.040
<v Speaker 1>like I had the information up on my page. I

0:45:07.680 --> 0:45:09.360
<v Speaker 1>felt like I didn't have enough time to read it.

0:45:09.400 --> 0:45:12.200
<v Speaker 1>So I'm glad you did because I was like, there's

0:45:12.320 --> 0:45:16.160
<v Speaker 1>something legal happen in ninety seven. Moving on, Uh so,

0:45:16.280 --> 0:45:20.000
<v Speaker 1>how much money did the company lose in nineteen seven

0:45:20.719 --> 0:45:25.560
<v Speaker 1>and thirty two point seventy eight million? Wow? Wow, So

0:45:26.160 --> 0:45:28.759
<v Speaker 1>keep in mind just a few years earlier. It was

0:45:28.880 --> 0:45:32.239
<v Speaker 1>it was back in when they thought that they were

0:45:32.280 --> 0:45:35.480
<v Speaker 1>on the road to profitability. That's when they lost thirty

0:45:35.560 --> 0:45:38.600
<v Speaker 1>four million dollars back in ninety five, and then just

0:45:38.680 --> 0:45:42.600
<v Speaker 1>two years later they lose a hundred thirty two million,

0:45:42.640 --> 0:45:46.520
<v Speaker 1>almost a hundred thirty three million dollars. Clearly things were

0:45:46.600 --> 0:45:49.680
<v Speaker 1>not moving in the same direction as they had perceived

0:45:49.760 --> 0:45:51.920
<v Speaker 1>back in ninety five, and certainly not where they were

0:45:51.920 --> 0:45:54.960
<v Speaker 1>hoping now. Right. So, apparently there were a lot of

0:45:55.000 --> 0:45:57.040
<v Speaker 1>things going on in the market at that time, including

0:45:57.080 --> 0:46:01.200
<v Speaker 1>this increased competition from the other rivals in the space.

0:46:02.080 --> 0:46:05.160
<v Speaker 1>Uh and and so the company decides to do something

0:46:05.239 --> 0:46:08.120
<v Speaker 1>really dramatic, something that they had only done a couple

0:46:08.160 --> 0:46:11.680
<v Speaker 1>of times before. They were their their their name change. Yeah,

0:46:11.920 --> 0:46:15.440
<v Speaker 1>they changed to Prodigy Communications Corporation. Right. So then they

0:46:15.520 --> 0:46:18.799
<v Speaker 1>also decided to lower the monthly fees back to about

0:46:18.880 --> 0:46:23.440
<v Speaker 1>fifteen fifteen bucks, and they promised a new digital service

0:46:23.520 --> 0:46:28.120
<v Speaker 1>that would be specifically geared for the brand new blistering

0:46:28.360 --> 0:46:33.600
<v Speaker 1>le fast fifty six K modems. Yeah, I remember having

0:46:33.640 --> 0:46:39.640
<v Speaker 1>a twenty four hundred mottem. I think in that time,

0:46:39.680 --> 0:46:42.880
<v Speaker 1>I actually did think that K was blisteringly fast. I

0:46:42.920 --> 0:46:44.600
<v Speaker 1>think I still had a fourteen four at the time,

0:46:45.120 --> 0:46:49.840
<v Speaker 1>so I essentially two point four is what mine was. Man, Yeah,

0:46:50.280 --> 0:46:52.680
<v Speaker 1>you would you would just hope that whatever link, whatever

0:46:52.760 --> 0:46:55.759
<v Speaker 1>thing you were looking at was just text, because if

0:46:55.760 --> 0:46:57.880
<v Speaker 1>there was anything other than text, you were going to

0:46:57.960 --> 0:47:00.279
<v Speaker 1>be there for a good couple of hours until my

0:47:00.400 --> 0:47:04.080
<v Speaker 1>x files fan pages loaded very slowly. Um well, the

0:47:04.120 --> 0:47:07.560
<v Speaker 1>truth was out there. Uh So the news service was

0:47:07.560 --> 0:47:11.880
<v Speaker 1>supposed to be much faster. K optimized service is supposed

0:47:11.880 --> 0:47:14.520
<v Speaker 1>to be faster and have more rich content than the

0:47:14.560 --> 0:47:17.719
<v Speaker 1>older services. Now, remember we said that the older services

0:47:17.880 --> 0:47:21.560
<v Speaker 1>services had graphics, but these graphics were akin to what

0:47:21.719 --> 0:47:25.839
<v Speaker 1>you might see in an old clip art, uh folder, Right,

0:47:26.200 --> 0:47:30.560
<v Speaker 1>they weren't. They weren't like photo realistic pictures or anything

0:47:30.560 --> 0:47:33.080
<v Speaker 1>along those lines. And when you see the commercial, you'll

0:47:33.120 --> 0:47:36.000
<v Speaker 1>understand what I what I mean, because that be feeder.

0:47:36.040 --> 0:47:40.080
<v Speaker 1>It's pretty gorgeous. It's it's it's. My My favorite thing

0:47:40.160 --> 0:47:42.080
<v Speaker 1>is the reaction of the old man when he sees

0:47:42.160 --> 0:47:45.640
<v Speaker 1>the page load up about England and it's a little

0:47:45.680 --> 0:47:50.479
<v Speaker 1>cartoon of a B feeder and he's like, Wow, how

0:47:50.600 --> 0:47:53.480
<v Speaker 1>easily we were impressed back in those days, Like you know, yeah,

0:47:53.560 --> 0:47:55.880
<v Speaker 1>like like pixel art on the level of that, Like

0:47:56.080 --> 0:47:59.400
<v Speaker 1>Diesel Sweeties makes fun of these days, right. Yeah. So

0:48:00.040 --> 0:48:03.240
<v Speaker 1>at this time, the company was still maintaining two different services,

0:48:03.239 --> 0:48:07.839
<v Speaker 1>Prodigy Classic and Prodigy Internet uh and combined those two

0:48:07.880 --> 0:48:11.440
<v Speaker 1>services had eight hundred thirty thousand customers, only six hundred

0:48:11.520 --> 0:48:15.719
<v Speaker 1>seventy one thousand of which were considered billable customers. So

0:48:15.800 --> 0:48:18.480
<v Speaker 1>the company lost money yet again, but less than they

0:48:18.480 --> 0:48:21.200
<v Speaker 1>had the year previous, less than half, only sixty five

0:48:21.239 --> 0:48:25.080
<v Speaker 1>point eight million point eight million. Yeah, it's tiny compared

0:48:25.120 --> 0:48:30.359
<v Speaker 1>to the hundred thirty two So yeah, good at least

0:48:30.400 --> 0:48:32.839
<v Speaker 1>at least it was a reverse in the trend because

0:48:32.840 --> 0:48:36.439
<v Speaker 1>they had been losing more and more money each year. Yes. Um,

0:48:36.960 --> 0:48:39.840
<v Speaker 1>So the next year they launched an I p O

0:48:40.080 --> 0:48:43.000
<v Speaker 1>because why wouldn't you, Well, you've been losing money year

0:48:43.080 --> 0:48:45.359
<v Speaker 1>over year, And I think I think that was one

0:48:45.400 --> 0:48:48.520
<v Speaker 1>of those desperate bids to avoid bankruptcy kind of kind

0:48:48.520 --> 0:48:50.640
<v Speaker 1>of I p O s. Because there's two kinds of IPOs.

0:48:50.680 --> 0:48:52.239
<v Speaker 1>There's the kind that we are like, wow, we're so

0:48:52.280 --> 0:48:53.960
<v Speaker 1>excited and we think that everyone's going to give us

0:48:53.960 --> 0:48:56.000
<v Speaker 1>even more money to do these wonderful things. And there's

0:48:56.320 --> 0:48:59.719
<v Speaker 1>oh crap, oh crap, my car, don't take my car.

0:49:00.160 --> 0:49:03.080
<v Speaker 1>Please put money in us, because we promise we are

0:49:03.120 --> 0:49:05.920
<v Speaker 1>going to be much more profitable, very very soon. We

0:49:05.960 --> 0:49:08.960
<v Speaker 1>promised we're going to sell it to a sucker right there, exactly.

0:49:08.960 --> 0:49:11.640
<v Speaker 1>That may also be the case, like we'll we'll only

0:49:11.680 --> 0:49:15.880
<v Speaker 1>be publicly tradeable shortly, and then we'll we'll endure a

0:49:16.239 --> 0:49:18.640
<v Speaker 1>hostile takeover, which will actually be just a takeover because

0:49:18.640 --> 0:49:21.279
<v Speaker 1>we'll be like, please take over. But they raised about

0:49:21.320 --> 0:49:23.440
<v Speaker 1>a hundred and sixty million out of that, Yeah, so

0:49:23.600 --> 0:49:27.120
<v Speaker 1>they did raise money. The stocks share price originally was

0:49:27.160 --> 0:49:30.560
<v Speaker 1>fifteen dollars from what I understand. According to Funding Universe,

0:49:30.600 --> 0:49:34.400
<v Speaker 1>the highest point of the stock price in ended up

0:49:34.400 --> 0:49:37.600
<v Speaker 1>being about fifty dollars per share. But that was a

0:49:37.600 --> 0:49:42.399
<v Speaker 1>time where the investment companies were very much excited about

0:49:42.520 --> 0:49:47.040
<v Speaker 1>technology companies. We're talking about. This is also, yeah, this

0:49:47.120 --> 0:49:49.200
<v Speaker 1>is the cusp. This is before, This is while the

0:49:49.320 --> 0:49:52.919
<v Speaker 1>dot com bubble is inflating, right, So this is when

0:49:52.960 --> 0:49:55.680
<v Speaker 1>we were all believing that the Internet was going to

0:49:55.719 --> 0:49:58.480
<v Speaker 1>be the way everyone was going to do business from

0:49:58.520 --> 0:50:01.200
<v Speaker 1>that point forward, that that the brick and mortar stores

0:50:01.280 --> 0:50:04.239
<v Speaker 1>were going to die out almost immediately. This is how

0:50:04.280 --> 0:50:06.440
<v Speaker 1>everything's gonna work. We just have to make sure that

0:50:06.480 --> 0:50:09.440
<v Speaker 1>we've got the business plan in place that makes it

0:50:09.480 --> 0:50:13.400
<v Speaker 1>all magically happen. And I apologize for this age reference, Jonathan,

0:50:13.440 --> 0:50:16.080
<v Speaker 1>but but this was right before I graduated from high school,

0:50:16.160 --> 0:50:20.319
<v Speaker 1>and I've been married for two years, and and it

0:50:20.360 --> 0:50:22.440
<v Speaker 1>was right about that time that all of my friends

0:50:22.520 --> 0:50:25.200
<v Speaker 1>were going, like, we are going to make our fortunes

0:50:25.239 --> 0:50:28.560
<v Speaker 1>doing this Internet thing. Yeah. So obviously that's one of

0:50:28.600 --> 0:50:31.960
<v Speaker 1>those if you're a company that offers access to this

0:50:32.040 --> 0:50:35.200
<v Speaker 1>magical world called the Internet, you're in a good position.

0:50:35.280 --> 0:50:37.320
<v Speaker 1>So they did do pretty well with that I p

0:50:37.440 --> 0:50:41.719
<v Speaker 1>O and the subsequent year of investment, but not so

0:50:41.760 --> 0:50:43.759
<v Speaker 1>well that they were actually able to generate a lot

0:50:43.800 --> 0:50:48.480
<v Speaker 1>of revenue from this um. They would eventually, by the

0:50:48.520 --> 0:50:52.440
<v Speaker 1>end of ninety nine lose eighty point four nine million,

0:50:52.560 --> 0:50:55.719
<v Speaker 1>So again it's gone up since the last time. But

0:50:55.800 --> 0:50:59.040
<v Speaker 1>they also would undergo kind of a change as well

0:50:59.120 --> 0:51:03.040
<v Speaker 1>because of this I p O. It allowed a company

0:51:03.160 --> 0:51:09.040
<v Speaker 1>called Carso Global Telecom Essay c V. It's a Mexican company,

0:51:09.080 --> 0:51:13.319
<v Speaker 1>to end up with sixty percent ownership of Prodigy. So

0:51:13.360 --> 0:51:16.760
<v Speaker 1>this was one of those companies that ended up investing

0:51:16.760 --> 0:51:20.280
<v Speaker 1>in Prodigy when they started making those in roads into Mexico,

0:51:21.000 --> 0:51:23.920
<v Speaker 1>and in fact, Prodigy to this day is very important

0:51:23.960 --> 0:51:27.320
<v Speaker 1>in Mexico. But we'll get into that. So Prodigy launched

0:51:27.320 --> 0:51:30.200
<v Speaker 1>a bilingual I SP service in the United States and

0:51:30.239 --> 0:51:33.680
<v Speaker 1>also entered a joint venture into Mexico's largest I s P,

0:51:33.800 --> 0:51:37.440
<v Speaker 1>which was called telmex And at that time the company

0:51:37.480 --> 0:51:40.919
<v Speaker 1>also went ahead sold off its African assets, those those

0:51:40.960 --> 0:51:44.240
<v Speaker 1>regional areas in Africa that had been supporting for only

0:51:44.320 --> 0:51:49.160
<v Speaker 1>two point eight one million dollars. But later in Prodigy

0:51:49.160 --> 0:51:52.239
<v Speaker 1>acquired a company called flash net Communications, which was a

0:51:52.400 --> 0:51:55.560
<v Speaker 1>rival I s P and OSP where a hundred thirteen

0:51:55.600 --> 0:51:59.880
<v Speaker 1>million dollars. That did add two hundred and fifty thousand

0:52:00.000 --> 0:52:04.160
<v Speaker 1>customers to their base. So now they've they've almost artificially

0:52:04.200 --> 0:52:07.080
<v Speaker 1>added more customers in a way, because they ended up

0:52:07.120 --> 0:52:09.680
<v Speaker 1>acquiring all the ones that had belonged to flash Neet.

0:52:10.080 --> 0:52:13.719
<v Speaker 1>And then Prodigy and SBC Communications Incorporated, which is a

0:52:13.760 --> 0:52:18.200
<v Speaker 1>telephone company, announced plans for a limited partnership and that

0:52:18.239 --> 0:52:21.080
<v Speaker 1>partnership would make Prodigy the exclusive I s P for

0:52:21.239 --> 0:52:23.680
<v Speaker 1>SBC consumers. So, you know when I said earlier about

0:52:23.719 --> 0:52:27.200
<v Speaker 1>how two million was kind of the peak for Prodigy,

0:52:27.239 --> 0:52:29.879
<v Speaker 1>this is where the caveat comes in, because because SBC

0:52:30.040 --> 0:52:33.200
<v Speaker 1>had something like seventy millions seventy seven million high speed

0:52:33.239 --> 0:52:38.040
<v Speaker 1>Internet customers, which meant that because this agreement made Prodigy

0:52:38.239 --> 0:52:43.320
<v Speaker 1>the the exclusive provider, it it boosted Prodigies numbers to

0:52:43.360 --> 0:52:45.480
<v Speaker 1>an insane amount. But that's the thing is that these

0:52:45.520 --> 0:52:48.719
<v Speaker 1>were not people who were subscribing directly to Prodigy. Well

0:52:48.760 --> 0:52:50.759
<v Speaker 1>they you know, it's they were because they had to,

0:52:50.960 --> 0:52:54.160
<v Speaker 1>but they were subscribing to SPC and so it wasn't

0:52:54.200 --> 0:52:57.680
<v Speaker 1>generating the revenue directly through Prodigy the way. The way,

0:52:57.680 --> 0:53:01.279
<v Speaker 1>because prod also made money through advertising. They would put

0:53:01.320 --> 0:53:05.160
<v Speaker 1>ads on their pages, usually one ad per page, so

0:53:05.200 --> 0:53:07.600
<v Speaker 1>it's not like you would have tons of ads on everything.

0:53:08.120 --> 0:53:10.440
<v Speaker 1>So they would generate some revenue that way, so that

0:53:10.440 --> 0:53:12.759
<v Speaker 1>there was also, you know, a method of making some

0:53:12.840 --> 0:53:17.959
<v Speaker 1>money besides just direct subscriptions. Anyway. Uh, that was also

0:53:17.960 --> 0:53:21.840
<v Speaker 1>the year where probably was shut down temporarily on purpose.

0:53:21.960 --> 0:53:25.080
<v Speaker 1>Internally they shut down they or they turned off the lights,

0:53:25.280 --> 0:53:27.759
<v Speaker 1>as some people have said, because there was something going

0:53:27.800 --> 0:53:29.920
<v Speaker 1>on in ninety nine that a lot of people just

0:53:30.280 --> 0:53:32.400
<v Speaker 1>I mean, you've heard the phrase, but you've probably forgotten

0:53:32.440 --> 0:53:35.120
<v Speaker 1>all about it. Whole two K thing. Yeah, back when

0:53:35.120 --> 0:53:37.480
<v Speaker 1>we thought the world was going to end because all

0:53:37.600 --> 0:53:41.439
<v Speaker 1>computers had only been programmed to run up through We're

0:53:41.480 --> 0:53:46.520
<v Speaker 1>through through. No one had bothered to well, they had

0:53:46.600 --> 0:53:49.640
<v Speaker 1>used they had only programmed the date for the year

0:53:49.719 --> 0:53:53.799
<v Speaker 1>as two right, so computers would read ninety nine as

0:53:54.800 --> 0:53:56.640
<v Speaker 1>And then everyone thought, wait a minute, what happens when

0:53:56.640 --> 0:53:59.239
<v Speaker 1>they hit zero zero for two thousand? Uh? Does that

0:53:59.320 --> 0:54:01.560
<v Speaker 1>mean the computers are just going to assume it's nineteen

0:54:01.640 --> 0:54:04.640
<v Speaker 1>hundred because it's going to reset to that value. It

0:54:04.680 --> 0:54:08.399
<v Speaker 1>doesn't understand that there is another year here, and if

0:54:08.440 --> 0:54:11.200
<v Speaker 1>that happens, how is this going to affect everything else?

0:54:11.440 --> 0:54:13.520
<v Speaker 1>And so you had people saying, well, you're probably gonna

0:54:13.520 --> 0:54:15.880
<v Speaker 1>have some interruptions and services, but that's about as bad

0:54:15.880 --> 0:54:17.000
<v Speaker 1>as it's going to be. And then you have the

0:54:17.000 --> 0:54:19.160
<v Speaker 1>other side of the spectrum where they said all of

0:54:19.200 --> 0:54:24.240
<v Speaker 1>the world shall end, the financial markets shall crash. Basically

0:54:24.280 --> 0:54:26.399
<v Speaker 1>be I know that fight Club hasn't did fight Club

0:54:26.440 --> 0:54:28.600
<v Speaker 1>come out that year? I know that fight Club wasn't

0:54:28.600 --> 0:54:31.040
<v Speaker 1>a big thing at that point, but but but like

0:54:31.120 --> 0:54:33.200
<v Speaker 1>basically the end of fight Club, I was just saying,

0:54:33.200 --> 0:54:36.879
<v Speaker 1>like dogs and cats living together, maths hysteria. Yeah, so

0:54:36.920 --> 0:54:39.920
<v Speaker 1>that that's essentially what we're looking at in fact, And

0:54:40.200 --> 0:54:41.799
<v Speaker 1>it was one of those things where even I at

0:54:41.800 --> 0:54:43.600
<v Speaker 1>the time. I was not working at how stuff works

0:54:43.600 --> 0:54:44.799
<v Speaker 1>at the time, but even at the time, I was

0:54:44.840 --> 0:54:50.399
<v Speaker 1>thinking where do I want to be when becomes two

0:54:50.440 --> 0:54:53.120
<v Speaker 1>thousand and I decided to go to a very flamboyant

0:54:53.120 --> 0:54:56.200
<v Speaker 1>club in Athens and it was fabulous because I figured,

0:54:56.239 --> 0:54:58.040
<v Speaker 1>if if the world is going to end, I wanted

0:54:58.080 --> 0:55:01.759
<v Speaker 1>to end with some amazing music. It's that's entirely fair. Um.

0:55:02.120 --> 0:55:05.240
<v Speaker 1>Why two K was also the they retired Prodigy Classic

0:55:05.280 --> 0:55:07.360
<v Speaker 1>that year and they started why twok is one of

0:55:07.400 --> 0:55:10.040
<v Speaker 1>the reasons, along with other architecture problems that you know,

0:55:10.360 --> 0:55:13.000
<v Speaker 1>it was not really a system that was intended to

0:55:13.080 --> 0:55:16.839
<v Speaker 1>go along with all of these new crazy innovations, right,

0:55:16.880 --> 0:55:20.640
<v Speaker 1>so they were really taking taking a similar model to

0:55:20.800 --> 0:55:25.279
<v Speaker 1>America Online, where where the Prodigy service would launch you

0:55:25.320 --> 0:55:28.319
<v Speaker 1>into a portal page where there then you could go

0:55:28.560 --> 0:55:31.520
<v Speaker 1>and do whatever it was you wanted to do. But uh, yeah,

0:55:31.560 --> 0:55:33.960
<v Speaker 1>they wanted to kind of get away from having to

0:55:34.000 --> 0:55:38.040
<v Speaker 1>support this this legacy system of Prodigy Classic because it

0:55:38.120 --> 0:55:41.160
<v Speaker 1>was becoming less and less relevant and it required a

0:55:41.200 --> 0:55:44.400
<v Speaker 1>diversion of revenue, it required a diversion of of assets.

0:55:44.440 --> 0:55:47.239
<v Speaker 1>I should say, right, sure, it's still affected some two

0:55:47.320 --> 0:55:51.040
<v Speaker 1>hundred and eight thousand subscribers, which Prodigy tried to move

0:55:51.200 --> 0:55:56.080
<v Speaker 1>to um to their Internet service with with middling success. Yeah,

0:55:56.200 --> 0:55:58.919
<v Speaker 1>if you've ever worked with someone who was very much

0:55:59.000 --> 0:56:02.240
<v Speaker 1>used to a particular type of system and then watched

0:56:02.280 --> 0:56:04.960
<v Speaker 1>as they tried to navigate a new system, you can

0:56:04.960 --> 0:56:08.279
<v Speaker 1>see how quickly they can become frustrated and disenchanted. They

0:56:08.320 --> 0:56:11.920
<v Speaker 1>actually they actually provided a new homepage like at like

0:56:11.920 --> 0:56:15.239
<v Speaker 1>a different port for the Classic customers who were moving

0:56:15.280 --> 0:56:17.839
<v Speaker 1>to Internet that looked more like the original Classic port

0:56:17.920 --> 0:56:21.839
<v Speaker 1>to help less of transitioning. I think about every time

0:56:21.880 --> 0:56:25.600
<v Speaker 1>anyone upgrades their operating system, or even when Facebook changes,

0:56:25.680 --> 0:56:28.680
<v Speaker 1>I mean, you know, the Internet riots. Yeah, no, not

0:56:29.440 --> 0:56:32.160
<v Speaker 1>my favorite thing to post at that is, the new

0:56:32.200 --> 0:56:34.560
<v Speaker 1>Facebook changes are the worst thing to happen since the

0:56:34.640 --> 0:56:38.120
<v Speaker 1>last Facebook changes, because that's how it always seems like.

0:56:38.160 --> 0:56:42.640
<v Speaker 1>At any rate. Getting back onto Prodigy and two thousand SBC,

0:56:42.920 --> 0:56:45.840
<v Speaker 1>the company we talked about, the telephone company purchased at

0:56:46.640 --> 0:56:50.480
<v Speaker 1>interest in Prodigy, and earlier Prodigy had been looking at

0:56:50.560 --> 0:56:54.279
<v Speaker 1>possibly merging with earth Link and MindSpring, which would have

0:56:54.280 --> 0:56:57.120
<v Speaker 1>been a very interesting outcome because all of these companies

0:56:57.120 --> 0:57:01.040
<v Speaker 1>had sort of been suffering a against the onslaught that

0:57:01.160 --> 0:57:06.400
<v Speaker 1>was America Online UM and SPC would essentially end up

0:57:06.440 --> 0:57:09.759
<v Speaker 1>with controlling interest in Prodigy within the next year, so

0:57:09.880 --> 0:57:13.600
<v Speaker 1>they bought controlling interests, right. So moving ahead to two

0:57:13.640 --> 0:57:17.320
<v Speaker 1>thousand two, SPC formed another strategic alliance, this time with

0:57:17.600 --> 0:57:22.360
<v Speaker 1>a little company called Yahoo. Yeahoo Yeah. So two thousand two,

0:57:22.400 --> 0:57:24.800
<v Speaker 1>this is this is back when Yahoo was doing some

0:57:24.880 --> 0:57:27.840
<v Speaker 1>serious business, right, I mean, this was not the era

0:57:27.960 --> 0:57:30.360
<v Speaker 1>where we all were wondering what Yahoo was going to

0:57:30.400 --> 0:57:31.960
<v Speaker 1>be able to do to turn things around. This is

0:57:31.960 --> 0:57:35.000
<v Speaker 1>when Yahoo is really on the rise, and uh, the

0:57:35.040 --> 0:57:38.280
<v Speaker 1>alliance ended up creating a new kind of Yahoo portal.

0:57:38.400 --> 0:57:40.800
<v Speaker 1>So if you've been to, like, if you ever visited

0:57:40.880 --> 0:57:43.040
<v Speaker 1>Yahoo back in this time, you remember that there was

0:57:43.080 --> 0:57:45.560
<v Speaker 1>one of these things where you would get news and sports,

0:57:45.600 --> 0:57:47.680
<v Speaker 1>and it's very similar to what you see today, although

0:57:47.720 --> 0:57:50.160
<v Speaker 1>today it's much more of a sophisticated layout than it

0:57:50.240 --> 0:57:52.400
<v Speaker 1>was back in the day. But this was sort of

0:57:52.440 --> 0:57:56.160
<v Speaker 1>taking taking a queue off those old online service providers

0:57:56.200 --> 0:57:59.640
<v Speaker 1>which had this curated content that everyone likes so much.

0:58:00.240 --> 0:58:04.320
<v Speaker 1>So that's when we see uh Prodigy sort of start

0:58:04.360 --> 0:58:07.120
<v Speaker 1>to fade away, and in fact, SPC stopped allowing new

0:58:07.160 --> 0:58:10.040
<v Speaker 1>Prodigy accounts. In two thousand two, they did let people

0:58:10.040 --> 0:58:14.240
<v Speaker 1>who were hardcore fans of Prodigy retain their Prodigy dot

0:58:14.280 --> 0:58:18.120
<v Speaker 1>net email addresses, which people still retain today. Yeah. Yeah,

0:58:18.120 --> 0:58:19.760
<v Speaker 1>It's one of those things where it's almost like a

0:58:19.800 --> 0:58:23.560
<v Speaker 1>badge of honor. It's like I was there concert t shirt.

0:58:23.640 --> 0:58:26.880
<v Speaker 1>Yeah yeah, yeah. But eventually it would get to a

0:58:26.920 --> 0:58:28.760
<v Speaker 1>point where if you were to try to go to

0:58:28.920 --> 0:58:32.320
<v Speaker 1>prodig dot net, it would lead to uh my A

0:58:32.520 --> 0:58:36.600
<v Speaker 1>T A T T dot net page until around two

0:58:36.600 --> 0:58:39.000
<v Speaker 1>thousand nine, and after that you just get an error. Yeah.

0:58:39.080 --> 0:58:41.160
<v Speaker 1>So now these days, if you go to Project donet,

0:58:41.720 --> 0:58:43.920
<v Speaker 1>at least as of the recording of this podcast, if

0:58:43.920 --> 0:58:45.880
<v Speaker 1>you go to prodect dot net, you get an error message.

0:58:45.960 --> 0:58:48.360
<v Speaker 1>By the time this comes out, maybe they've actually figured

0:58:48.400 --> 0:58:51.800
<v Speaker 1>out some way of resuscitating the brand. So really a

0:58:51.840 --> 0:58:56.440
<v Speaker 1>few years later it becomes um uh that that SPC

0:58:56.640 --> 0:58:59.400
<v Speaker 1>was looking at actually selling the brand name Prodigy to

0:58:59.520 --> 0:59:01.840
<v Speaker 1>someone else who would want to whoever would want to

0:59:01.920 --> 0:59:03.760
<v Speaker 1>use it. Right around two thousand five, there is a

0:59:03.800 --> 0:59:06.320
<v Speaker 1>big push um they were There were a lot of

0:59:06.360 --> 0:59:09.280
<v Speaker 1>rumors floating around that they were trying. Yeah, but no one,

0:59:09.360 --> 0:59:11.840
<v Speaker 1>No one's purchased it now we will say that Prodigy

0:59:11.920 --> 0:59:14.920
<v Speaker 1>Internet still is a thing. There is a Prodigy Internet.

0:59:14.960 --> 0:59:17.240
<v Speaker 1>It is in Mexico and it's the largest I s

0:59:17.280 --> 0:59:21.000
<v Speaker 1>P in Mexico. So it's not that Prodigy has completely disappeared,

0:59:21.040 --> 0:59:22.800
<v Speaker 1>but in the United States it's pretty much a non

0:59:22.920 --> 0:59:25.520
<v Speaker 1>factor these days. UM. So let's talk a little bit

0:59:25.520 --> 0:59:27.720
<v Speaker 1>about some of the services they would provide. We've mentioned

0:59:27.720 --> 0:59:30.240
<v Speaker 1>a few of them already, and that this this idea

0:59:30.240 --> 0:59:33.840
<v Speaker 1>of curated content we talked about the bulletin boards. UM. Also,

0:59:33.920 --> 0:59:36.560
<v Speaker 1>early on they did not allow foul downloads. It was

0:59:36.720 --> 0:59:39.880
<v Speaker 1>really the idea was that you were consuming content but

0:59:39.960 --> 0:59:44.040
<v Speaker 1>not producing it or sharing it. Yeah. But but later

0:59:44.200 --> 0:59:47.800
<v Speaker 1>they would allow file downloads, although they would look at

0:59:47.840 --> 0:59:50.240
<v Speaker 1>those as well to make sure that they've met the

0:59:50.280 --> 0:59:53.440
<v Speaker 1>standards that they had set for everywhere else on Prodigy.

0:59:53.960 --> 0:59:56.600
<v Speaker 1>Uh an electronic mail. Back in ninety one, we talked

0:59:56.600 --> 1:00:01.720
<v Speaker 1>about how UH they ended up seeing a big surge

1:00:01.800 --> 1:00:04.400
<v Speaker 1>in electronic mail use because due to their censorship of

1:00:04.480 --> 1:00:07.640
<v Speaker 1>the boards, and so in response, what did they do.

1:00:07.840 --> 1:00:10.600
<v Speaker 1>They decided that, well, you know, this huge amount of

1:00:10.600 --> 1:00:15.919
<v Speaker 1>electronic mail is putting a taxation upon our our transaction

1:00:16.000 --> 1:00:18.880
<v Speaker 1>fees with the telephone company so let's pass that along

1:00:18.880 --> 1:00:22.880
<v Speaker 1>to the consumer. Every month, you'll get thirty messages for free,

1:00:23.080 --> 1:00:24.680
<v Speaker 1>and if you want to send more than that, you

1:00:24.720 --> 1:00:28.080
<v Speaker 1>need to spend money. It costs money to have more

1:00:28.160 --> 1:00:31.040
<v Speaker 1>than thirty messages in a month. And so that was

1:00:31.040 --> 1:00:33.400
<v Speaker 1>sort of the response to this surge and email use.

1:00:33.480 --> 1:00:35.920
<v Speaker 1>And again that did not make users happy because firstly,

1:00:36.000 --> 1:00:39.720
<v Speaker 1>since sinsored the bulletin boards and other messaging systems, and

1:00:39.720 --> 1:00:43.360
<v Speaker 1>then they made it harder to send email. Yay that

1:00:43.360 --> 1:00:45.800
<v Speaker 1>that some people would argue. That ended up being a

1:00:45.840 --> 1:00:49.640
<v Speaker 1>major reason why Prodigy ended up failing was because they

1:00:49.800 --> 1:00:53.960
<v Speaker 1>had a lot of consumer unfriendly practices. Even though their

1:00:54.000 --> 1:00:57.400
<v Speaker 1>original model, this idea of a flat fee and you

1:00:57.440 --> 1:01:00.919
<v Speaker 1>get access to almost everything was very attract the way

1:01:00.920 --> 1:01:05.440
<v Speaker 1>that they were creating policies was so against what the

1:01:05.440 --> 1:01:08.640
<v Speaker 1>average consumer wanted that it ended up making it ended

1:01:08.680 --> 1:01:13.320
<v Speaker 1>up alienating their their customer base. So then you get

1:01:13.360 --> 1:01:16.480
<v Speaker 1>to uh the news again, the curated news. You get

1:01:16.520 --> 1:01:19.840
<v Speaker 1>to travel. You can make travel arrangements on Prodigy. Uh.

1:01:20.000 --> 1:01:24.640
<v Speaker 1>They had specific partnership with American Airlines, so you could

1:01:24.680 --> 1:01:28.360
<v Speaker 1>make a reservation on American Airlines through Prodigy. This again

1:01:28.560 --> 1:01:31.320
<v Speaker 1>before the Internet, this or before we had access to

1:01:31.320 --> 1:01:33.720
<v Speaker 1>the internet, this online service provider stuff. That's not like

1:01:33.800 --> 1:01:36.080
<v Speaker 1>you could just go to American Airlines dot com and

1:01:36.280 --> 1:01:38.800
<v Speaker 1>do whatever you want to do. This this precedes that

1:01:39.160 --> 1:01:41.760
<v Speaker 1>Triblocity did not exist. They could also you could also

1:01:41.760 --> 1:01:44.880
<v Speaker 1>make hotel and car rental reservations through that same system,

1:01:44.960 --> 1:01:48.120
<v Speaker 1>although keep in mind again this is through partnerships that

1:01:48.160 --> 1:01:50.520
<v Speaker 1>they Prodigy had made with specific companies. It's not like

1:01:50.600 --> 1:01:53.320
<v Speaker 1>you had access to everybody, all right, right, you wrote

1:01:53.320 --> 1:01:55.000
<v Speaker 1>in your in your notes that it was like going

1:01:55.040 --> 1:01:56.840
<v Speaker 1>to a mall, Like, not every mall is going to

1:01:56.920 --> 1:01:59.200
<v Speaker 1>have the stories that you want. It's going to be

1:01:59.280 --> 1:02:01.720
<v Speaker 1>you know whatever, Yeah, exactly, yeah, so you know just

1:02:01.760 --> 1:02:04.480
<v Speaker 1>what you exactly right. If if that store wasn't in

1:02:04.480 --> 1:02:05.960
<v Speaker 1>that mall, you had to go to a different all well,

1:02:05.960 --> 1:02:07.960
<v Speaker 1>the same sort of thing. If if you could not

1:02:07.960 --> 1:02:11.520
<v Speaker 1>get access to a particular vendor through Prodigy, then that

1:02:11.560 --> 1:02:15.040
<v Speaker 1>meant that, well, you have the wrong online service provider

1:02:15.080 --> 1:02:17.880
<v Speaker 1>for your needs. The same same thing applies to the

1:02:17.880 --> 1:02:23.240
<v Speaker 1>shopping obviously, Sears clearly being a founding partner. Sears Merchandise

1:02:23.360 --> 1:02:28.680
<v Speaker 1>had heavy representation in online shopping on Prodigy and around

1:02:29.000 --> 1:02:33.960
<v Speaker 1>well more than forty other direct mail marketing kind of vendors,

1:02:34.000 --> 1:02:38.600
<v Speaker 1>like any company that would other places that had large catalog. Yeah,

1:02:38.680 --> 1:02:40.560
<v Speaker 1>that whole, the whole, like we will mail you are

1:02:40.600 --> 1:02:42.880
<v Speaker 1>stuff because this is still you know, this isn't a

1:02:42.920 --> 1:02:46.240
<v Speaker 1>time where this that was not the most common method

1:02:46.400 --> 1:02:49.720
<v Speaker 1>of delivering stuff. Right, Usually you would have this retail

1:02:49.760 --> 1:02:52.440
<v Speaker 1>experience where you go into a store, so direct to

1:02:52.520 --> 1:02:56.320
<v Speaker 1>customer was something that only a few vendors offered at

1:02:56.400 --> 1:02:59.880
<v Speaker 1>that point. You could also do banking. The banking was

1:03:00.040 --> 1:03:04.400
<v Speaker 1>through New York's manufacturers Hanover Trust Bank, so if you

1:03:04.440 --> 1:03:07.880
<v Speaker 1>weren't with that one, too bad. And stocks yep, yep.

1:03:08.040 --> 1:03:11.520
<v Speaker 1>That was through Donaldson, Lufkin Engine Rhett, which was a

1:03:11.520 --> 1:03:14.800
<v Speaker 1>Wall Street company that would handle the stock purchases so

1:03:14.840 --> 1:03:16.560
<v Speaker 1>you could become a day trader if you wanted to.

1:03:17.680 --> 1:03:21.120
<v Speaker 1>Early early on, they did groceries. They did online groceries.

1:03:21.160 --> 1:03:25.480
<v Speaker 1>But I think that the price and availability of service

1:03:25.800 --> 1:03:28.760
<v Speaker 1>was just so yeah, there was very low adoption and

1:03:28.800 --> 1:03:30.919
<v Speaker 1>also it just costs a lot of money to run

1:03:30.920 --> 1:03:32.960
<v Speaker 1>that kind of operation. Now, I will say I never

1:03:33.080 --> 1:03:36.040
<v Speaker 1>used Prodigies grocery shopping service, but I've used other online

1:03:36.040 --> 1:03:39.000
<v Speaker 1>grocery shopping services. Back when they were more common, like

1:03:39.040 --> 1:03:41.560
<v Speaker 1>webvan would be the I think that's even webban was

1:03:41.600 --> 1:03:44.320
<v Speaker 1>the one I used, and I loved it, but it

1:03:44.480 --> 1:03:46.840
<v Speaker 1>again was one of those things where I just could

1:03:46.880 --> 1:03:50.720
<v Speaker 1>imagine exactly it had to be phenomenally expensive to operate,

1:03:50.920 --> 1:03:53.960
<v Speaker 1>and unless you have a huge customer base right out

1:03:54.000 --> 1:03:55.760
<v Speaker 1>of the gate, you're going to be operating at a

1:03:55.800 --> 1:03:59.760
<v Speaker 1>loss for several years, kind of like Prodigy. And then

1:04:00.040 --> 1:04:02.760
<v Speaker 1>later on when it became when it started to do

1:04:02.800 --> 1:04:06.080
<v Speaker 1>the prodec internet services, it began to offer things like

1:04:06.360 --> 1:04:09.480
<v Speaker 1>curated content online, so you would go to your little

1:04:09.520 --> 1:04:11.680
<v Speaker 1>online portal and that's where you'd see things like sports,

1:04:11.680 --> 1:04:14.240
<v Speaker 1>business news, world news, that kind of stuff, kind of

1:04:14.240 --> 1:04:17.080
<v Speaker 1>like yeah, who does um. They also did have have

1:04:17.240 --> 1:04:19.959
<v Speaker 1>news writers. They had had they had an editorial team,

1:04:20.000 --> 1:04:23.360
<v Speaker 1>the dedicated editorial staff that worked out a White Plains,

1:04:23.400 --> 1:04:27.120
<v Speaker 1>New York. So they had editors and writers working specifically

1:04:27.160 --> 1:04:31.480
<v Speaker 1>to write content just for Prodigy users. So it's the

1:04:31.520 --> 1:04:33.800
<v Speaker 1>same sort of stories you would see in other sources,

1:04:33.880 --> 1:04:35.400
<v Speaker 1>like if you were to get a newspaper, but it

1:04:35.440 --> 1:04:39.200
<v Speaker 1>was written specifically for the Yeah. And then they also

1:04:39.240 --> 1:04:42.720
<v Speaker 1>had instant messaging, Like they said, they had chat rooms

1:04:42.720 --> 1:04:44.920
<v Speaker 1>for a little while, and then they had things like

1:04:45.280 --> 1:04:48.880
<v Speaker 1>financial tools like portfolio management and personal finance tracking, so

1:04:48.920 --> 1:04:52.400
<v Speaker 1>you could follow how your your finances were doing over time.

1:04:52.720 --> 1:04:56.040
<v Speaker 1>Like when you see all your dot com stocks on

1:04:56.160 --> 1:04:58.240
<v Speaker 1>like a meteoric rise and you think, I am going

1:04:58.280 --> 1:05:00.640
<v Speaker 1>to be in the world's next multi billion air and

1:05:00.680 --> 1:05:05.080
<v Speaker 1>two thousand one, when you think, where where's my change? Jar?

1:05:05.680 --> 1:05:09.360
<v Speaker 1>I want to go to McDonald's. Yeah, yeah, they I

1:05:09.720 --> 1:05:11.640
<v Speaker 1>you know, I do think that in a lot of

1:05:11.640 --> 1:05:14.480
<v Speaker 1>ways it was ahead of its time. I think that

1:05:14.560 --> 1:05:17.920
<v Speaker 1>if Prodigy had come out in that wave that A. O.

1:05:18.040 --> 1:05:20.920
<v Speaker 1>L did just a couple of years later, um, that

1:05:20.960 --> 1:05:23.480
<v Speaker 1>the technology would have been such that they would have

1:05:23.520 --> 1:05:26.320
<v Speaker 1>had greater adoption. But but some of those I mean,

1:05:26.320 --> 1:05:28.960
<v Speaker 1>I hate to use the word draconian for an Internet

1:05:29.000 --> 1:05:32.360
<v Speaker 1>service provider, but who but who reads their bulletin board

1:05:32.360 --> 1:05:36.640
<v Speaker 1>content and make sure that I mean that's that's right. Yeah, yeah,

1:05:36.720 --> 1:05:40.360
<v Speaker 1>I would say that those decisions were what stood in

1:05:40.440 --> 1:05:45.200
<v Speaker 1>Prodigies away from becoming like the dominant osp was that

1:05:45.280 --> 1:05:47.640
<v Speaker 1>it wasn't that the service they provided was bad. A

1:05:47.680 --> 1:05:50.920
<v Speaker 1>lot of it was good, but they were not prepared

1:05:51.200 --> 1:05:55.080
<v Speaker 1>for the initial costs that they incurred as they began. Um,

1:05:55.080 --> 1:05:57.080
<v Speaker 1>they weren't prepared to endure that for as long as

1:05:57.080 --> 1:05:59.400
<v Speaker 1>it was necessary for them to build up the customer base.

1:05:59.640 --> 1:06:03.200
<v Speaker 1>They may decisions that upset customers, including not just the

1:06:04.240 --> 1:06:06.240
<v Speaker 1>censorship or however you want a word it not just

1:06:06.280 --> 1:06:09.280
<v Speaker 1>that policy, and not just the policy of charging more

1:06:09.320 --> 1:06:11.640
<v Speaker 1>for email, but they started to do surcharges on other

1:06:11.880 --> 1:06:15.040
<v Speaker 1>features as well. So not all features were not free

1:06:15.200 --> 1:06:17.880
<v Speaker 1>but free with with subscription, right. Not all of them

1:06:17.920 --> 1:06:19.720
<v Speaker 1>were free with subscription. Some of them you would have

1:06:19.760 --> 1:06:22.360
<v Speaker 1>to pay on top of your subscription fee. And these

1:06:22.400 --> 1:06:24.520
<v Speaker 1>were things where people were saying, well, yeah, you you

1:06:24.600 --> 1:06:27.960
<v Speaker 1>build this as I pay one monthly fee and then

1:06:28.000 --> 1:06:30.200
<v Speaker 1>I have access to all these amazing things. But in truth,

1:06:30.280 --> 1:06:32.240
<v Speaker 1>I pay one monthly fee and then I have the

1:06:32.360 --> 1:06:35.640
<v Speaker 1>opportunity to buy more stuff all of these services that

1:06:35.800 --> 1:06:39.360
<v Speaker 1>I kind of want to use. And so it may

1:06:39.480 --> 1:06:41.880
<v Speaker 1>very well be that their business plan, perhaps they had

1:06:41.920 --> 1:06:44.480
<v Speaker 1>just priced themselves too low at the very beginning, and

1:06:44.520 --> 1:06:46.640
<v Speaker 1>they maybe if they had gone with a slightly higher

1:06:46.680 --> 1:06:49.480
<v Speaker 1>subscription fee at the very beginning, uh, it could have

1:06:49.560 --> 1:06:51.960
<v Speaker 1>offset some of the costs they incurred when they started

1:06:51.960 --> 1:06:54.160
<v Speaker 1>offering up these services, and maybe then they could have

1:06:54.280 --> 1:06:58.440
<v Speaker 1>kept those services free with the subscription, and then they

1:06:58.520 --> 1:07:01.040
<v Speaker 1>might it might be a totally different story today. Maybe

1:07:01.040 --> 1:07:04.240
<v Speaker 1>today we wouldn't be talking about A O. L. You know,

1:07:04.440 --> 1:07:07.160
<v Speaker 1>like we wouldn't say that A O. L. Was had

1:07:07.240 --> 1:07:09.600
<v Speaker 1>become the you know this this name, but we still know.

1:07:09.680 --> 1:07:12.080
<v Speaker 1>Maybe we'd be talking about Prodigy. Maybe all of us

1:07:12.120 --> 1:07:14.640
<v Speaker 1>would be talking about how many c D s we

1:07:14.680 --> 1:07:18.040
<v Speaker 1>have that we accumulated over the years as Prodigy, c

1:07:18.200 --> 1:07:20.880
<v Speaker 1>D after c D after CD, of of the basic

1:07:20.960 --> 1:07:23.640
<v Speaker 1>kits as you can install it. Yeah, and analysts named

1:07:23.680 --> 1:07:25.920
<v Speaker 1>Richard Adler. I found this quote and I believe a

1:07:25.920 --> 1:07:29.160
<v Speaker 1>New York Times piece from said somebody is going to

1:07:29.160 --> 1:07:31.200
<v Speaker 1>make a lot of money in this business someday. I

1:07:31.240 --> 1:07:33.720
<v Speaker 1>just don't know if it's going to be Prodigy. Yeah,

1:07:33.800 --> 1:07:36.480
<v Speaker 1>and he was right. Some lots of people made lots

1:07:36.480 --> 1:07:38.800
<v Speaker 1>of money in this It's just like this was this

1:07:38.840 --> 1:07:41.800
<v Speaker 1>was unfortunately not the story for that, but I thought

1:07:41.880 --> 1:07:44.480
<v Speaker 1>was an interesting one. Lauren and I both used Prodigy,

1:07:44.560 --> 1:07:47.960
<v Speaker 1>so we're both prodigy kids. Uh, we're both prodigies. Really.

1:07:48.840 --> 1:07:50.600
<v Speaker 1>We don't want to our own horn or anything. It's

1:07:50.640 --> 1:07:53.440
<v Speaker 1>just true. So, you know, no false modesty on this

1:07:53.440 --> 1:07:56.640
<v Speaker 1>show at any rate. Uh, you know, it's an interesting story,

1:07:56.720 --> 1:07:58.800
<v Speaker 1>and like I said, we'll probably talk about other ones

1:07:58.880 --> 1:08:01.000
<v Speaker 1>in the future. Maybe we'll will have an episode where

1:08:01.000 --> 1:08:03.760
<v Speaker 1>we talk about copy Server, maybe one about mind Spring. U.

1:08:03.880 --> 1:08:07.520
<v Speaker 1>These are other interesting internet companies and kind of see

1:08:07.560 --> 1:08:10.040
<v Speaker 1>what formed the basis of how we think of the

1:08:10.080 --> 1:08:13.640
<v Speaker 1>Internet today and which ones are still around in which

1:08:13.680 --> 1:08:18.200
<v Speaker 1>ones are just a name that we associate with. Yeah,

1:08:18.320 --> 1:08:20.559
<v Speaker 1>time's gone by. Stuff you missed. Industry class would probably

1:08:20.600 --> 1:08:23.040
<v Speaker 1>cover these two if they looked at more recent history.

1:08:23.680 --> 1:08:25.839
<v Speaker 1>And there's not a whole lot of online service providers

1:08:25.840 --> 1:08:28.120
<v Speaker 1>in the days of the Vikings. And that wraps up

1:08:28.120 --> 1:08:30.880
<v Speaker 1>this classic episode of tech Stuff. Hope you guys enjoyed it.

1:08:31.479 --> 1:08:34.000
<v Speaker 1>If you have any suggestions for future topics that I

1:08:34.000 --> 1:08:36.040
<v Speaker 1>should cover on the show, reach out to me on

1:08:36.080 --> 1:08:38.800
<v Speaker 1>Twitter or Facebook. The handle at both of those is

1:08:38.840 --> 1:08:41.519
<v Speaker 1>tech Stuff hs W and I'll talk to you again

1:08:42.240 --> 1:08:50.400
<v Speaker 1>really soon. Text Stuff is an I Heart Radio production.

1:08:50.640 --> 1:08:53.439
<v Speaker 1>For more podcasts from my Heart Radio, visit the I

1:08:53.560 --> 1:08:56.800
<v Speaker 1>Heart Radio app, Apple Podcasts, or wherever you listen to

1:08:56.840 --> 1:09:00.320
<v Speaker 1>your favorite shows. See