WEBVTT - The Prodigy Story

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<v Speaker 1>Get in touch with technology with text Stuff from how

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<v Speaker 1>stuff dot com. Hey there, and welcome to text Stuff.

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<v Speaker 1>I'm Jonathan Strickland and I'm Lauren, and today we're gonna

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<v Speaker 1>talk to you about Prodigy. I don't know why we

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<v Speaker 1>picked this one. I mean, I love the band, I

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<v Speaker 1>don't want to get internet service. Oh do you need

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<v Speaker 1>to do you need to go to some more now

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<v Speaker 1>hang on one second, alright, I'm back. Okay, So Prodigy

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<v Speaker 1>online service provider. Of course, that's what we're talking about now.

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<v Speaker 1>Long time listeners to tech stuff know that ages ago,

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<v Speaker 1>Chris and I did an episode about online service providers,

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<v Speaker 1>but this time we want to specifically look at Prodigy,

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<v Speaker 1>partly because it was one of the earliest, in fact,

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<v Speaker 1>depending upon whom you ask, the earliest online service provider. Now,

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<v Speaker 1>online service providers are different from Internet service providers. So

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<v Speaker 1>I'm gonna blow your minds out there, kids. So you

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<v Speaker 1>young uns out there, there was a time when we

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<v Speaker 1>did not all have access to the internet. It was

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<v Speaker 1>a terrifying time. Dinosaurs roamed the earth. Occasionally you would

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<v Speaker 1>go camping and an enormous guy in a hockey mask

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<v Speaker 1>would chase you around. The eighties were tough, y'all. I

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<v Speaker 1>actually do remember that time dimly. I mean I I was,

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<v Speaker 1>you know, not necessarily eating all solid food yet, and

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<v Speaker 1>I could barely read. But I do, in fact for

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<v Speaker 1>call a time before the Internet. I grew up in

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<v Speaker 1>that time, and uh, I bear the scars to this day. Also,

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<v Speaker 1>I don't read that much currently. But at any rate,

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<v Speaker 1>now we're talking about a time where the computer revolution

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<v Speaker 1>had really taken hold of. The personal computers had already

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<v Speaker 1>become a rising trend. It still was kind of a

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<v Speaker 1>rarity to find someone who owned a personal computer. It

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<v Speaker 1>wasn't like there were PCs everywhere, certainly not no, but

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<v Speaker 1>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 disks. 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 that

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<v Speaker 1>program anymore. You just had your basic operating system, although

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<v Speaker 1>you might not even call it that um anyway. Eventually

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<v Speaker 1>you started seeing things like modems where you could do

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<v Speaker 1>things like connect to a local bulletin board system or BBS.

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<v Speaker 1>This was usually something that was hyper local, as in

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<v Speaker 1>something that would might be run in the same city

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<v Speaker 1>that you live in, because in order to connect to

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<v Speaker 1>most bbs is, you had to dial a specific number,

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<v Speaker 1>and usually it was a it was a er a

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<v Speaker 1>local number, yeah, because you could dial into a BBS

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<v Speaker 1>that's run in a state, you know, twenty states away.

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<v Speaker 1>But long distance charges at the time were also such

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<v Speaker 1>that that that it would have been incredibly cost prohibited. Yeah, anyone,

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<v Speaker 1>any kid who experimented with connecting to bbs IS might

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<v Speaker 1>find out rapidly from his parents or her parents that, uh,

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<v Speaker 1>it was not the best idea to do that without

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<v Speaker 1>parental agreement beforehand, because you could rack up huge bills.

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<v Speaker 1>I mean, this is the era where long distance charges

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<v Speaker 1>were a real thing. I know that a lot of

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<v Speaker 1>people today aren't even they that's not something they even

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<v Speaker 1>think about because in most cases you don't have a

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<v Speaker 1>long distance charge anymore. About once a month, I marvel

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<v Speaker 1>at the incredible present and the fact that I can

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<v Speaker 1>call people all over the country without having any without

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<v Speaker 1>worrying about, oh, you know, we've taught for five minutes,

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<v Speaker 1>this is gonna cost me twenty bucks or whatever. Uh

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<v Speaker 1>and and they have not said anything of value, so so,

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<v Speaker 1>at any rate, at this time, that was pretty much it.

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<v Speaker 1>And then there became this idea of the online service

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<v Speaker 1>provider away for companies to create services that would open

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<v Speaker 1>up brand new opportunities for consumers. And it was before

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<v Speaker 1>the Internet had rolled out to being something that the

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<v Speaker 1>general public could access, so be sure, but but you know,

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<v Speaker 1>people were looking for a way to provide service to

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<v Speaker 1>you know, to a consumers who wanted to communicate and

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<v Speaker 1>be two companies who wanted to sell more stuff. Give

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<v Speaker 1>give companies an outlet to sell more right, So this

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<v Speaker 1>was this was the idea. Like instead of instead of

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<v Speaker 1>the Internet, think of the Internet. It's it's the network

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<v Speaker 1>of networks, right, It's all these different computers. They're connected together,

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<v Speaker 1>and lots of different types of communication goes across the Internet,

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<v Speaker 1>from email to file transfers to web traffic. All of

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<v Speaker 1>that stuff is going on across the Internet. An online

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<v Speaker 1>service provider is more like a very small network. It's

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<v Speaker 1>not a network of networks. It is a network in

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<v Speaker 1>which 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 texts. 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 yep. 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>can 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 thing that was used in commercial 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 certain 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, so sure, of course. Yeah.

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<v Speaker 1>I do also want to mention this is the same

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<v Speaker 1>year that UM IBM introduced the portable PC weighing a

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<v Speaker 1>mirror thirty pounds or what's that like fourteen kilos, Yeah,

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<v Speaker 1>something like that. So you're talking about portable depending upon

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<v Speaker 1>your upper body stream. Uh uh. So so that was

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<v Speaker 1>that was kind of the life of the times. UM

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<v Speaker 1>the entire video text thing was doing a little bit

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<v Speaker 1>better in Europe. There were a bunch of countries that

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<v Speaker 1>that already had something like this, but it was really

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<v Speaker 1>the first time this whole trend text thing was really

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<v Speaker 1>the first time that it had been rolled out for

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<v Speaker 1>commercial use, for customer use for the United States and

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<v Speaker 1>the US. Yeah. In fact, the the concentration in Europe

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<v Speaker 1>would mean that uh, companies like Prodigy in America Online

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<v Speaker 1>would end up sort of foregoing any kind of penetration

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<v Speaker 1>attempts in Europe because it was already stated UM and

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<v Speaker 1>CBS had did a did a trial of video texts

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<v Speaker 1>in a three with a T and T in about

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<v Speaker 1>two households somewhere in New Jersey, just to see how

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<v Speaker 1>much interest there would be. And there was a lot.

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<v Speaker 1>So that is why CBS was involved. Sears was you know,

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<v Speaker 1>if you're saying why was Sears in Roebuck involved in

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<v Speaker 1>this internet venture, it's because Sears had the complex billing

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<v Speaker 1>system and the customer base like the mail order customer base. Sure. Yeah,

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<v Speaker 1>the Sears catalog is like a legacy, see when it

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<v Speaker 1>comes to retail. Not only that, but Sears itself has

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<v Speaker 1>had a long history in being involved in electronics. In fact,

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<v Speaker 1>for a while, if you wanted to buy a computer

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<v Speaker 1>that you would either go to a very specialized computer

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<v Speaker 1>store or you would go to a Sears buy your

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<v Speaker 1>computer there. Yeah. And IBM actually, in contemporary literature, people

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<v Speaker 1>were talking about IBM being the most surprising company of

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<v Speaker 1>the three, which doesn't make any sense to me. But

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<v Speaker 1>but their reasoning behind calling it that was that they

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<v Speaker 1>had been really only hardware with a tiny bit of

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<v Speaker 1>software involved up until then, and so now they're trying

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<v Speaker 1>to create an infrastructure that would essentially be a lot

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<v Speaker 1>of software. So this partnership is founded, but it wasn't

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<v Speaker 1>all smooth sailing. They did some you know, some pilot

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<v Speaker 1>testing and and in general it just looked like it

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<v Speaker 1>wasn't really catch on. It might have been ahead of

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<v Speaker 1>its time in the United States, or may have just

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<v Speaker 1>been 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 did you say? Yeah?

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<v Speaker 1>And so then an eight um series and IBM decided

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<v Speaker 1>to stick with it. They doubled down. Yeah, they invested

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<v Speaker 1>four and fifty million in startup. Yeah, so that was

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<v Speaker 1>an eight eight. So if we are just for inflation,

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<v Speaker 1>that's what eight hundred and sixty million, that's a lot

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<v Speaker 1>of money. That's so many dollars. Yeah, so huge, huge

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<v Speaker 1>investment here. And uh, that's when they actually created the

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<v Speaker 1>company that's called Prodigy Services Company. Now, don't get too

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<v Speaker 1>used to that name, because one of the things we

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<v Speaker 1>can talk about with Prodigy, and we will talk about,

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<v Speaker 1>is the fact that their name changes every few years. Yeah,

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<v Speaker 1>it usually retains the term Prodigy. That's about it, but

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<v Speaker 1>that's it. Yeah, So Prodigy Services Company is formed to

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<v Speaker 1>oversee the in text uh technology, and by June of

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<v Speaker 1>the entire project changed its name to Prodigy. So that

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<v Speaker 1>means they no longer talked about trin techs. Trent text

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<v Speaker 1>was a thing of the past. It was now rolled

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<v Speaker 1>into Prodigy and that launched in eight and it became

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<v Speaker 1>the world's first consumer based online service provider. Now at

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<v Speaker 1>the time, IBM had made an estimate. They looked at

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<v Speaker 1>all the households in the United States and they estimated

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<v Speaker 1>how many households out there would have computers that would

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<v Speaker 1>actually be sophisticated enough to run the Prodigy software. And

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<v Speaker 1>when I say sophisticated enough, it's not that the project

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<v Speaker 1>software was this mind bending, amazing looking uh software, you

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<v Speaker 1>it was. It was a visual interface, which was which

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<v Speaker 1>was it was a huge improvement over local bbs is

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<v Speaker 1>that we're all text based, right, So there were there

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<v Speaker 1>were graphics involved, but they were very simple graphics. And uh,

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<v Speaker 1>we'll try to infect. Lauren found a great commercial just

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<v Speaker 1>before the podcast that she shared with us, So we'll

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<v Speaker 1>we'll try and put that up on the Facebook page

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<v Speaker 1>and link it to Twitter as well, so that you

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<v Speaker 1>guys can see what Prodigy looked like when it launched,

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<v Speaker 1>because the commercial actually comes from this era. Yeah, but

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<v Speaker 1>you know, six machines were just coming out. They had

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<v Speaker 1>several megs of RAM, which was big and new and

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<v Speaker 1>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

0:12:55.880 --> 0:12:58.680
<v Speaker 1>into that as we go further. So, the first cities

0:12:58.720 --> 0:13:03.080
<v Speaker 1>that received the service were San Francisco, There was Hartford, Connecticut,

0:13:03.200 --> 0:13:08.840
<v Speaker 1>and there was some other city, Atlantaza for once Atlanta

0:13:08.960 --> 0:13:13.920
<v Speaker 1>gets something first. Um yeah, it ended along with technological

0:13:13.960 --> 0:13:18.240
<v Speaker 1>innovator Hartford, Connecticut. I Well, you know, I don't make

0:13:18.280 --> 0:13:23.080
<v Speaker 1>fun of heart for Connecticut. Those people will scold you

0:13:23.320 --> 0:13:26.120
<v Speaker 1>at any rate. Yeah, So Atlanta, San Francisco, and Hartford

0:13:26.160 --> 0:13:28.640
<v Speaker 1>are the three cities that get it first. And I

0:13:29.040 --> 0:13:32.880
<v Speaker 1>honestly don't know why those three cities were the ones chosen.

0:13:32.960 --> 0:13:38.520
<v Speaker 1>Perhaps that the telecommunications infrastructure was just uh the best

0:13:39.040 --> 0:13:41.400
<v Speaker 1>in those three for the for the services of Prodigy.

0:13:42.400 --> 0:13:46.599
<v Speaker 1>But so the startup package for getting this service was

0:13:46.640 --> 0:13:49.040
<v Speaker 1>a little bit complex because, like Jonathan was saying earlier,

0:13:49.280 --> 0:13:52.040
<v Speaker 1>people didn't have modems. They certainly didn't come in computers

0:13:52.040 --> 0:13:54.480
<v Speaker 1>at the time. Um, it was an add on sort

0:13:54.520 --> 0:13:57.000
<v Speaker 1>of thing. So the original kit cost a hundred and

0:13:57.080 --> 0:14:00.920
<v Speaker 1>forty nine dollars and cents to include that that modem,

0:14:01.000 --> 0:14:03.880
<v Speaker 1>the software, and three months of initial service. Three months

0:14:03.880 --> 0:14:07.040
<v Speaker 1>of service yeah. Um, you could also hypothetically if you

0:14:07.160 --> 0:14:11.200
<v Speaker 1>happened to have a modem by just software for right,

0:14:11.400 --> 0:14:14.640
<v Speaker 1>and then how much was service per month with with

0:14:14.679 --> 0:14:18.560
<v Speaker 1>a yearly subscription? It was a month and a month

0:14:18.600 --> 0:14:22.480
<v Speaker 1>to month it was, so there you go nine dollars

0:14:22.480 --> 0:14:23.960
<v Speaker 1>per month if you if you sign up for a

0:14:23.960 --> 0:14:26.320
<v Speaker 1>full year, or twelve per month if you were going

0:14:26.400 --> 0:14:29.480
<v Speaker 1>month to month basis. Uh and uh. And so they

0:14:29.520 --> 0:14:32.640
<v Speaker 1>figured that with that pricing with that subscription model, if

0:14:32.640 --> 0:14:35.800
<v Speaker 1>they got enough people to subscribe, that would be an

0:14:35.880 --> 0:14:38.800
<v Speaker 1>ongoing source of revenue. Right. It's the same sort of

0:14:39.440 --> 0:14:41.920
<v Speaker 1>model that we see with things like pay to play

0:14:42.400 --> 0:14:45.800
<v Speaker 1>um M M O RPGs you know, which you know

0:14:45.960 --> 0:14:47.840
<v Speaker 1>when now we're seeing more and more of those move

0:14:47.880 --> 0:14:50.040
<v Speaker 1>away from that model and go to free to play

0:14:50.160 --> 0:14:54.880
<v Speaker 1>and then pay to access certain types of content. So nonetheless,

0:14:54.920 --> 0:14:57.600
<v Speaker 1>the month to month subscription fee was a change up

0:14:57.600 --> 0:14:59.760
<v Speaker 1>at the time I think that any anyone else who

0:14:59.800 --> 0:15:02.840
<v Speaker 1>was in the business, and maybe because maybe a O

0:15:03.000 --> 0:15:05.040
<v Speaker 1>L was starting at this it was starting around the

0:15:05.080 --> 0:15:07.640
<v Speaker 1>same time. Yet and of most other services that that

0:15:07.680 --> 0:15:11.760
<v Speaker 1>would be beginning around that time, we're using um pay

0:15:11.800 --> 0:15:15.000
<v Speaker 1>per usage like per per the minute or per per

0:15:15.000 --> 0:15:18.320
<v Speaker 1>hour the data. Right. You you didn't have you didn't

0:15:18.360 --> 0:15:20.560
<v Speaker 1>have that many people offering or that many companies I

0:15:20.560 --> 0:15:25.280
<v Speaker 1>should say, offering a a monthly fee for their service.

0:15:25.320 --> 0:15:28.200
<v Speaker 1>It was almost always uh you know, maybe you get

0:15:28.240 --> 0:15:32.400
<v Speaker 1>the first half hour of content at one amount, and

0:15:32.440 --> 0:15:35.800
<v Speaker 1>then above that it would be more because another limitation

0:15:35.960 --> 0:15:38.880
<v Speaker 1>on some of these early online service providers was that

0:15:38.920 --> 0:15:42.320
<v Speaker 1>they only had so many UH connections that they can

0:15:42.400 --> 0:15:45.280
<v Speaker 1>make at a single time. Within a particular region. So

0:15:45.320 --> 0:15:47.520
<v Speaker 1>if you if you have a phone number that you're

0:15:47.520 --> 0:15:50.160
<v Speaker 1>supposed to call with your computer, it may be that

0:15:50.200 --> 0:15:53.400
<v Speaker 1>the computer can handle say one connections, and beyond that

0:15:53.480 --> 0:15:55.920
<v Speaker 1>it can't handle more than that. And so so allowing

0:15:55.960 --> 0:16:00.280
<v Speaker 1>people continual access was potentially dangerous to your customer base

0:16:00.440 --> 0:16:03.120
<v Speaker 1>because because everyone say like, well I got your software,

0:16:03.160 --> 0:16:06.400
<v Speaker 1>but I can never connect. So it's just busy signals

0:16:06.440 --> 0:16:10.240
<v Speaker 1>for years, right right, So but now bigger companies, the

0:16:10.280 --> 0:16:13.080
<v Speaker 1>next generation is never going to have those yeah, sorry,

0:16:13.160 --> 0:16:17.080
<v Speaker 1>okay anyway, but yeah, so the larger companies at this

0:16:17.120 --> 0:16:20.400
<v Speaker 1>time could actually handle lots of phone calls your local

0:16:20.440 --> 0:16:23.040
<v Speaker 1>BBS is. I mean, I remember this era where I

0:16:23.080 --> 0:16:25.360
<v Speaker 1>would call into a local BBS and there would be

0:16:25.440 --> 0:16:29.680
<v Speaker 1>maybe five lines, and if you called when those five

0:16:29.720 --> 0:16:31.560
<v Speaker 1>lines were in operation, you just had to wait and

0:16:31.600 --> 0:16:33.840
<v Speaker 1>try and call again, like in the half hour or

0:16:33.840 --> 0:16:37.160
<v Speaker 1>an hour, or every ten seconds if you were someone

0:16:37.200 --> 0:16:39.160
<v Speaker 1>like me. But at any rate, that's you know, this

0:16:39.240 --> 0:16:42.480
<v Speaker 1>was this was a step up above those local bbs

0:16:42.600 --> 0:16:44.960
<v Speaker 1>is a big step up, not just a tiny little

0:16:44.960 --> 0:16:49.280
<v Speaker 1>incremental step. But but Prodigy was in fact still regionally operated.

0:16:50.160 --> 0:16:54.200
<v Speaker 1>It's I mean, they were advertising in lots of other

0:16:54.360 --> 0:16:57.040
<v Speaker 1>cities that they were planning on expanding out to. Yeah.

0:16:57.160 --> 0:17:00.120
<v Speaker 1>In fact, there was a pretty extensive advertising campaign, including

0:17:00.160 --> 0:17:03.640
<v Speaker 1>that fantastic commercial you showed me before the episode, Lawrence.

0:17:03.680 --> 0:17:06.680
<v Speaker 1>Well that one is from all the way in Wow,

0:17:07.720 --> 0:17:11.800
<v Speaker 1>so we're talking a story is so different. But yeah, no,

0:17:11.920 --> 0:17:16.639
<v Speaker 1>it's they were really trying to drive adoption of this

0:17:16.720 --> 0:17:18.399
<v Speaker 1>because it was a brand new thing. You know. This

0:17:18.480 --> 0:17:21.000
<v Speaker 1>is like I said, this is before people for the

0:17:21.040 --> 0:17:24.720
<v Speaker 1>most part, had any knowledge whatsoever of the Internet. You know,

0:17:24.800 --> 0:17:28.119
<v Speaker 1>anyone who knew about the Internet was working on the Internet,

0:17:28.200 --> 0:17:31.120
<v Speaker 1>like building the Internet, and so yeah, talking to people

0:17:31.160 --> 0:17:33.760
<v Speaker 1>about you know, posting to bbs is or doing online

0:17:33.760 --> 0:17:36.280
<v Speaker 1>shopping or anything like that, or you know, looking at

0:17:36.280 --> 0:17:39.160
<v Speaker 1>stocks or weather online. People were like say, why yeah, yeah,

0:17:39.200 --> 0:17:42.640
<v Speaker 1>this is on my computer, the thing that I used

0:17:42.720 --> 0:17:46.359
<v Speaker 1>to play a game on and occasionally try and and

0:17:46.400 --> 0:17:49.520
<v Speaker 1>create a little program that says hello world. Um. Yeah,

0:17:49.560 --> 0:17:52.960
<v Speaker 1>it's It was a big change, a huge change as

0:17:52.960 --> 0:17:55.239
<v Speaker 1>far as computer use goes. It was really opening up

0:17:55.280 --> 0:17:58.560
<v Speaker 1>the gates to the potential for computers. And then on

0:17:58.640 --> 0:18:01.199
<v Speaker 1>top of that we then saw by the end of

0:18:01.640 --> 0:18:03.560
<v Speaker 1>eight so all of this is happening in eight eight,

0:18:03.600 --> 0:18:06.160
<v Speaker 1>This is a huge year for Prodigy, right, it's their

0:18:06.200 --> 0:18:08.080
<v Speaker 1>launch year. By the end of eighty eight, they have

0:18:08.800 --> 0:18:12.359
<v Speaker 1>extended their service to three more cities. Particularly actually I

0:18:12.359 --> 0:18:14.639
<v Speaker 1>think it's for cities. I just wrote down three, but

0:18:14.760 --> 0:18:19.040
<v Speaker 1>their cities in California, and those included Los Angeles, San Diego, Sacramento,

0:18:19.080 --> 0:18:21.080
<v Speaker 1>and I think Santa Barbara was also one. I just

0:18:21.080 --> 0:18:24.280
<v Speaker 1>didn't write it in my notes. Uh. And so you

0:18:24.359 --> 0:18:29.040
<v Speaker 1>had this this this cool system arguably cool. I guess

0:18:29.040 --> 0:18:31.600
<v Speaker 1>for me it was cool. I was an early Prodigy

0:18:31.680 --> 0:18:35.200
<v Speaker 1>user because I live in Atlanta. Uh. And they did

0:18:35.280 --> 0:18:39.600
<v Speaker 1>have their rivals, not just what would become American America

0:18:39.680 --> 0:18:43.520
<v Speaker 1>Online on American but America Online, but also compu Serve,

0:18:43.640 --> 0:18:48.320
<v Speaker 1>mind Spring, earth Link. These are all they came on

0:18:48.440 --> 0:18:52.199
<v Speaker 1>the scene at different times, but they would all become rivals. Now.

0:18:52.800 --> 0:18:55.880
<v Speaker 1>The way this would work, generally speaking, is that when

0:18:55.920 --> 0:18:59.240
<v Speaker 1>you would use your computer to call into whatever computer

0:18:59.640 --> 0:19:02.600
<v Speaker 1>was in charge of your region, that computer could then

0:19:02.640 --> 0:19:06.479
<v Speaker 1>serve up all the information that was available on it.

0:19:06.560 --> 0:19:08.720
<v Speaker 1>And we'll talk more about the kind of services that

0:19:08.760 --> 0:19:11.119
<v Speaker 1>Prodigy offered towards the end of the podcast, but this

0:19:11.320 --> 0:19:15.159
<v Speaker 1>also includes you know, pretty basic stuff like news items,

0:19:15.560 --> 0:19:20.200
<v Speaker 1>financial stuff, bulletin boards where you can actually leave messages

0:19:20.240 --> 0:19:23.240
<v Speaker 1>and retrieve messages. There was even an email, although originally

0:19:23.240 --> 0:19:25.600
<v Speaker 1>that email would only allow you to send messages to

0:19:25.680 --> 0:19:29.520
<v Speaker 1>other people on the Prodigy service um and you could

0:19:29.520 --> 0:19:33.800
<v Speaker 1>get all that information. But although early ads talked about

0:19:33.800 --> 0:19:36.560
<v Speaker 1>it being updated throughout the day, originally the way these

0:19:36.560 --> 0:19:40.600
<v Speaker 1>services worked is that the the regional computer would connect

0:19:40.680 --> 0:19:43.720
<v Speaker 1>back to headquarters to a master computer once a day,

0:19:43.840 --> 0:19:45.800
<v Speaker 1>once a day, now once every twenty four hours, they

0:19:45.840 --> 0:19:48.480
<v Speaker 1>would get new content. So then that way, when you

0:19:48.560 --> 0:19:51.560
<v Speaker 1>log on the next day, you would get new news articles,

0:19:51.600 --> 0:19:54.520
<v Speaker 1>new financial reports, that kind of thing. But it would

0:19:54.560 --> 0:19:56.920
<v Speaker 1>stay like that all day long. It wouldn't get updated

0:19:56.960 --> 0:20:01.600
<v Speaker 1>throughout the day because again, these were all regional computers

0:20:01.640 --> 0:20:04.800
<v Speaker 1>that were only intermittently connecting with a master computer. It

0:20:04.840 --> 0:20:08.320
<v Speaker 1>wasn't like a truly integrated network at this point. So

0:20:08.400 --> 0:20:11.080
<v Speaker 1>this was definitely a different kind of approach than what

0:20:11.160 --> 0:20:15.440
<v Speaker 1>we see today. By eighty nine, the estimate that IBM

0:20:15.480 --> 0:20:18.480
<v Speaker 1>had made had increased. No longer did they think that

0:20:18.520 --> 0:20:20.800
<v Speaker 1>there were five million homes out there that could run

0:20:20.880 --> 0:20:24.960
<v Speaker 1>Prodigy software. Now they believed there were nine million homes.

0:20:24.960 --> 0:20:28.119
<v Speaker 1>So that shows that the adoption of the personal computer,

0:20:28.200 --> 0:20:32.320
<v Speaker 1>and not just personal computers, but more sophisticated personal computers

0:20:32.440 --> 0:20:36.360
<v Speaker 1>was on the rise. Uh. This still is before the

0:20:36.400 --> 0:20:39.399
<v Speaker 1>true explosion in personal computers. I mean there was a

0:20:39.440 --> 0:20:41.240
<v Speaker 1>time I think we even mentioned it in one of

0:20:41.240 --> 0:20:44.080
<v Speaker 1>our podcast where Bill Gates had kind of projected out

0:20:44.160 --> 0:20:46.240
<v Speaker 1>how many computers he thought were going to be adopted,

0:20:46.240 --> 0:20:49.320
<v Speaker 1>and it turned out it was like a seventy fewer

0:20:49.359 --> 0:20:52.800
<v Speaker 1>than what actually happened, and now no one could predict it. Um.

0:20:52.880 --> 0:20:55.360
<v Speaker 1>The actual number of Prodigy of customers at the time

0:20:55.480 --> 0:21:00.119
<v Speaker 1>was Yeah. So they remember, they're aiming for a and

0:21:00.280 --> 0:21:03.280
<v Speaker 1>customer base that they have estimated to be nine million people,

0:21:03.320 --> 0:21:08.480
<v Speaker 1>and there they land sixty thousand. That is brutal. I mean,

0:21:08.520 --> 0:21:12.440
<v Speaker 1>that's such a tiny percentage um. And then Prodigy launched

0:21:12.480 --> 0:21:15.639
<v Speaker 1>in New York City, but it only had partial coverage

0:21:15.680 --> 0:21:18.560
<v Speaker 1>in in the city. They had the thirteen markets in

0:21:18.600 --> 0:21:21.560
<v Speaker 1>New York City, but that meant that they had left

0:21:21.600 --> 0:21:26.240
<v Speaker 1>out about the population of New York City who had

0:21:26.280 --> 0:21:28.960
<v Speaker 1>the who had the technology to connect? Right, They had

0:21:28.960 --> 0:21:31.959
<v Speaker 1>the ability, but they didn't have the actual support, so

0:21:32.000 --> 0:21:35.399
<v Speaker 1>they could not be members of Prodigy at that time,

0:21:35.440 --> 0:21:39.119
<v Speaker 1>so they weren't able to capitalize on that very at

0:21:39.160 --> 0:21:44.840
<v Speaker 1>least not efficiently. However, by Prodigy did become available across

0:21:44.880 --> 0:21:48.480
<v Speaker 1>the United States, I believe when I got Prodigy up

0:21:48.560 --> 0:21:52.880
<v Speaker 1>near Cleveland, Dish. Yeah, see, I was already living not

0:21:53.000 --> 0:21:55.320
<v Speaker 1>in Atlanta, but close enough to Atlanta where I got

0:21:55.320 --> 0:21:59.040
<v Speaker 1>the support, And by the end of that year, their

0:21:59.200 --> 0:22:04.360
<v Speaker 1>numbers had spluted almost tenfold. Really, we're talking from six

0:22:04.720 --> 0:22:08.360
<v Speaker 1>thousand to six hundred thirty five thousand. So but now

0:22:08.400 --> 0:22:11.320
<v Speaker 1>granted they managed to go nationwide. Now, so now you're

0:22:11.359 --> 0:22:15.160
<v Speaker 1>talking about the entire US, not just these little regions

0:22:15.200 --> 0:22:21.199
<v Speaker 1>that they had been hitting previously, but still only six thousand,

0:22:21.840 --> 0:22:25.600
<v Speaker 1>and that put them in second place. The first place

0:22:25.640 --> 0:22:29.159
<v Speaker 1>provider was compu serve Um, which we could also do

0:22:29.200 --> 0:22:31.439
<v Speaker 1>an episode about copy serve at some point. But compu

0:22:31.480 --> 0:22:34.640
<v Speaker 1>Serve would eventually be acquired from H and R Block,

0:22:34.760 --> 0:22:37.440
<v Speaker 1>which they were they were the owners at the time.

0:22:37.920 --> 0:22:42.240
<v Speaker 1>The new owners would be America Online, and of course

0:22:42.240 --> 0:22:46.840
<v Speaker 1>America Online UH ends up being the big daddy of

0:22:46.880 --> 0:22:50.720
<v Speaker 1>the online service providers and probably made I would say,

0:22:50.720 --> 0:22:53.600
<v Speaker 1>I would argue that it made the most effective transition

0:22:53.640 --> 0:22:58.080
<v Speaker 1>from online service provider to internet service provider. The two

0:22:58.080 --> 0:23:01.160
<v Speaker 1>things are different yeah, I have seen estimates, by the way,

0:23:01.160 --> 0:23:05.240
<v Speaker 1>that about twenty five million households now held computers. Wow.

0:23:05.520 --> 0:23:09.080
<v Speaker 1>So yeah, huge numbers that are jumping up here. Right,

0:23:09.119 --> 0:23:11.040
<v Speaker 1>we went from five million to nine million and nine

0:23:11.040 --> 0:23:15.440
<v Speaker 1>million million, so and you might be wondering, like, how

0:23:15.480 --> 0:23:19.160
<v Speaker 1>how is this even happening? This is Moore's law in play, right.

0:23:19.280 --> 0:23:22.240
<v Speaker 1>Moore's law is not just about how computers get twice

0:23:22.240 --> 0:23:26.360
<v Speaker 1>as powerful every two years or so. It's also about how,

0:23:26.480 --> 0:23:30.600
<v Speaker 1>because the processes get more sophisticate over time, the technology

0:23:30.600 --> 0:23:34.680
<v Speaker 1>itself decreases in price and cost, so more people can

0:23:34.720 --> 0:23:37.119
<v Speaker 1>afford it. So not only are they becoming more powerful,

0:23:37.160 --> 0:23:40.320
<v Speaker 1>they're becoming more affordable, so you're seeing higher adoption rates.

0:23:40.560 --> 0:23:43.880
<v Speaker 1>This in particular was it was a giant boom time. Yeah, yeah,

0:23:43.920 --> 0:23:46.200
<v Speaker 1>this is and and you know this is also ten

0:23:46.280 --> 0:23:49.920
<v Speaker 1>years before we see the the dot com bubble, and

0:23:50.119 --> 0:23:53.600
<v Speaker 1>uh so this is right when the just the promise

0:23:53.720 --> 0:23:57.040
<v Speaker 1>of the computer age was really becoming realized. And still

0:23:57.119 --> 0:24:01.240
<v Speaker 1>before the Internet is a common household term. We don't

0:24:01.320 --> 0:24:04.480
<v Speaker 1>see the World Wide Web even start to emerge until

0:24:04.960 --> 0:24:08.520
<v Speaker 1>two and we're just in right now. Yeah, I mean,

0:24:08.560 --> 0:24:10.840
<v Speaker 1>big big news for Prodigy that year was they added

0:24:10.880 --> 0:24:15.800
<v Speaker 1>an encyclopedia and zach It's guide. Yeah. Yeah. And it's

0:24:15.880 --> 0:24:19.959
<v Speaker 1>interesting also that even though we're seeing this explosion at

0:24:20.000 --> 0:24:24.560
<v Speaker 1>this time of adoption uh the analysts were looking at

0:24:24.600 --> 0:24:28.600
<v Speaker 1>it and saying, well, you know, you've got more subscribers,

0:24:28.800 --> 0:24:32.679
<v Speaker 1>but you spent so much money setting up this this company,

0:24:32.720 --> 0:24:36.119
<v Speaker 1>perhaps as much as a billion dollars by this time,

0:24:36.480 --> 0:24:39.480
<v Speaker 1>that it's going to take you years for you to

0:24:39.560 --> 0:24:42.920
<v Speaker 1>become profitable. And I love I love how in my notes.

0:24:43.840 --> 0:24:45.600
<v Speaker 1>I don't know what I was thinking in my notes

0:24:45.640 --> 0:24:48.720
<v Speaker 1>by side dramatic increase in survivors, Apparently I had some

0:24:48.760 --> 0:24:51.280
<v Speaker 1>sort of horror movie going on in my brain. I meant, customers,

0:24:51.400 --> 0:24:53.200
<v Speaker 1>you are you are going to go be a zombie

0:24:53.280 --> 0:24:57.239
<v Speaker 1>on stage? That is true, That's true that I do have.

0:24:57.320 --> 0:24:58.919
<v Speaker 1>I do have to be a zombie in uh AN

0:24:58.920 --> 0:25:01.080
<v Speaker 1>approximately four hour So are you allowed to be a

0:25:01.119 --> 0:25:03.240
<v Speaker 1>zombie on Talk Like a Pirate Day? Is that? I mean?

0:25:03.840 --> 0:25:06.439
<v Speaker 1>We're only recording on Talk Like a Pirate Day? And

0:25:06.440 --> 0:25:08.840
<v Speaker 1>I promised Lauren that I was not going to torture

0:25:08.880 --> 0:25:11.479
<v Speaker 1>her on Talk Like a Pirate Day, particularly since by

0:25:11.480 --> 0:25:13.800
<v Speaker 1>the time this publishes, Talk Like a Day will be

0:25:13.880 --> 0:25:16.639
<v Speaker 1>long in the past. So you guys are going to

0:25:16.680 --> 0:25:19.480
<v Speaker 1>be spared both the zombie and the pirate. Uh. At

0:25:19.480 --> 0:25:23.720
<v Speaker 1>any rate, Uh, the survivors would be would still not

0:25:24.400 --> 0:25:27.119
<v Speaker 1>end up giving enough money, generating enough revenue for the

0:25:27.119 --> 0:25:32.600
<v Speaker 1>company to be profitable. For several years, in did something

0:25:32.640 --> 0:25:37.920
<v Speaker 1>that was incredibly controversial within the Prodigy community. Yeah, they

0:25:37.960 --> 0:25:41.959
<v Speaker 1>started introducing these censorship rules. Yeah, so which I mean,

0:25:42.000 --> 0:25:44.280
<v Speaker 1>I mean, I guess it's not censorship if it's not

0:25:44.359 --> 0:25:48.320
<v Speaker 1>on a government. Yeah, we we use censorship as a

0:25:48.440 --> 0:25:51.720
<v Speaker 1>sort of the kind of shorthand way of saying. Essentially,

0:25:51.760 --> 0:25:53.760
<v Speaker 1>what they were saying was that they didn't want to

0:25:53.800 --> 0:25:57.840
<v Speaker 1>have any sort of profanity or objectionable material on the

0:25:57.840 --> 0:26:01.320
<v Speaker 1>Prodigy service because they wanted it to be family friend. So,

0:26:01.880 --> 0:26:03.600
<v Speaker 1>now keep in mind, some of the stuff that was

0:26:03.640 --> 0:26:06.960
<v Speaker 1>going on on Prodigy included these bulletin board systems where

0:26:06.960 --> 0:26:10.119
<v Speaker 1>you could create messages, leave messages, respond to messages. They

0:26:10.400 --> 0:26:13.080
<v Speaker 1>almost became like a message board. And I don't know

0:26:13.080 --> 0:26:15.680
<v Speaker 1>if you guys have ever been on the Internet, but

0:26:16.080 --> 0:26:19.080
<v Speaker 1>sometimes people on this sort of thing can get a

0:26:19.080 --> 0:26:23.200
<v Speaker 1>little bit profane. Flame wars can break out, Yeah, they can.

0:26:23.240 --> 0:26:29.000
<v Speaker 1>They can start throwing in some personal attacks they can

0:26:29.200 --> 0:26:33.879
<v Speaker 1>use some language that is, as the pirates would say, salty.

0:26:34.000 --> 0:26:37.360
<v Speaker 1>Uh so so yeah, so for first profanity was outlawed,

0:26:37.400 --> 0:26:40.639
<v Speaker 1>then flame wars were outlawed, then the mention of another

0:26:41.160 --> 0:26:44.000
<v Speaker 1>users handle, Yeah, you weren't supposed to use any sort

0:26:44.040 --> 0:26:46.680
<v Speaker 1>of member names. In fact, I read one report that

0:26:46.800 --> 0:26:49.960
<v Speaker 1>said that one group got very much frustrated because it

0:26:50.040 --> 0:26:54.480
<v Speaker 1>was a group of coin collectors and they had a

0:26:54.480 --> 0:26:57.919
<v Speaker 1>a thread about the Roosevelt dime then and because they

0:26:57.960 --> 0:27:00.840
<v Speaker 1>were collectors who were interested in Roosevelt dimes. But but

0:27:01.000 --> 0:27:04.639
<v Speaker 1>one member had to handle Roosevelt dime, which meant that

0:27:04.680 --> 0:27:06.879
<v Speaker 1>they could not actually write about it because it was

0:27:06.920 --> 0:27:12.720
<v Speaker 1>a member handle. Yeah, so these were these relations got started. Yeah,

0:27:13.240 --> 0:27:15.800
<v Speaker 1>well I handle certainly had played a role in it.

0:27:16.200 --> 0:27:19.840
<v Speaker 1>But yeah, you see at this time that the users

0:27:19.840 --> 0:27:23.959
<v Speaker 1>were really starting to get aggravated by these policies. They

0:27:23.960 --> 0:27:27.520
<v Speaker 1>felt that it was unnecessary and that it was hampering

0:27:27.560 --> 0:27:31.280
<v Speaker 1>their ability to communicate. It was taking functionality away from

0:27:31.280 --> 0:27:34.000
<v Speaker 1>the service that they were paying for, right and uh

0:27:34.080 --> 0:27:36.600
<v Speaker 1>and however it was only on those those bulletin boards,

0:27:36.640 --> 0:27:39.280
<v Speaker 1>so a lot of traffic started shifting to email, right,

0:27:39.359 --> 0:27:42.520
<v Speaker 1>So people were using the email service on Prodigy, which

0:27:42.880 --> 0:27:46.920
<v Speaker 1>at this time was still uh still very much restricted

0:27:46.920 --> 0:27:49.600
<v Speaker 1>to Prodigy. It's not like you were emailing outside. So

0:27:49.760 --> 0:27:53.280
<v Speaker 1>imagine that your school or your business you work at

0:27:53.600 --> 0:27:55.919
<v Speaker 1>that you have email, but you are only able to

0:27:56.000 --> 0:27:59.880
<v Speaker 1>email anyone else who is also on that particular server, right,

0:28:00.040 --> 0:28:02.320
<v Speaker 1>So you could not email someone who works for another

0:28:02.320 --> 0:28:04.640
<v Speaker 1>company or goes to another school. You could only only

0:28:04.640 --> 0:28:06.200
<v Speaker 1>other people who were there are the ones that you

0:28:06.240 --> 0:28:08.240
<v Speaker 1>could send messages to. That's kind of what we're talking

0:28:08.280 --> 0:28:10.439
<v Speaker 1>about at this time. I mean, however, it wasn't like

0:28:10.480 --> 0:28:15.160
<v Speaker 1>there were other services that had had it much better, right, right,

0:28:15.200 --> 0:28:18.080
<v Speaker 1>you know, until we see the inter connectivity to the Internet,

0:28:18.200 --> 0:28:22.920
<v Speaker 1>it just doesn't really you don't get the the expanded capabilities.

0:28:22.960 --> 0:28:26.440
<v Speaker 1>Although again in commercial business that had already happened there

0:28:26.440 --> 0:28:29.240
<v Speaker 1>were businesses that had email where you could send it

0:28:29.280 --> 0:28:31.280
<v Speaker 1>to people other than the ones that were on your

0:28:31.359 --> 0:28:36.320
<v Speaker 1>email server. Consumer levels still pretty much a novelty UM. Now.

0:28:36.359 --> 0:28:39.840
<v Speaker 1>I will also say that this is when Prodigy changed

0:28:39.880 --> 0:28:43.680
<v Speaker 1>one of its other email um policies, but I'll talk

0:28:43.720 --> 0:28:46.400
<v Speaker 1>about that when we get into the services that they provide.

0:28:46.720 --> 0:28:49.680
<v Speaker 1>It was it was in response to the fact that

0:28:49.720 --> 0:28:53.040
<v Speaker 1>everyone started using more email uh see. You also have

0:28:53.080 --> 0:28:55.280
<v Speaker 1>to keep in mind that the data that is being

0:28:55.320 --> 0:28:57.720
<v Speaker 1>sent back and forth, while it's it tends to be

0:28:57.800 --> 0:29:00.720
<v Speaker 1>in small packets. Once you get up, you know, you

0:29:00.760 --> 0:29:05.520
<v Speaker 1>have those numbers increase. Data transfer wasn't free, you know,

0:29:05.920 --> 0:29:10.000
<v Speaker 1>sending information across telephone company lines cost money, and it

0:29:10.080 --> 0:29:12.760
<v Speaker 1>cost Prodigy money. And in fact, that was one of

0:29:12.800 --> 0:29:15.520
<v Speaker 1>the biggest problems that Prodigy had was that their their

0:29:15.600 --> 0:29:18.920
<v Speaker 1>costs were much greater than the revenue they were bringing in.

0:29:19.760 --> 0:29:23.760
<v Speaker 1>So if they were to offer up something that originally

0:29:23.920 --> 0:29:26.120
<v Speaker 1>was free, as in it was part of what your

0:29:26.160 --> 0:29:30.880
<v Speaker 1>paid service already covered, and everyone started using it, then

0:29:30.880 --> 0:29:34.240
<v Speaker 1>they would start incurring greater costs as a result. So

0:29:34.360 --> 0:29:37.040
<v Speaker 1>that would end up giving them the incentive to make

0:29:37.080 --> 0:29:40.160
<v Speaker 1>it less free. In other words, you would have to

0:29:40.200 --> 0:29:43.320
<v Speaker 1>pay an extra surcharge on top of your monthly feet

0:29:43.320 --> 0:29:46.840
<v Speaker 1>in order to use certain services, because that's the only

0:29:46.840 --> 0:29:51.080
<v Speaker 1>way that Prodigy could either put a little bit of

0:29:50.760 --> 0:29:53.440
<v Speaker 1>a of a control on the traffic that you know,

0:29:53.480 --> 0:29:55.360
<v Speaker 1>it would decrease the traffic because people didn't want to

0:29:55.360 --> 0:29:58.280
<v Speaker 1>pay for it, or they could recapture costs if people

0:29:58.360 --> 0:30:00.800
<v Speaker 1>really wanted it and they would pay for it anyway, right.

0:30:00.880 --> 0:30:05.400
<v Speaker 1>That was also they increased their monthly subscription fee to

0:30:05.640 --> 0:30:08.960
<v Speaker 1>four and they also response to that they also had

0:30:09.000 --> 0:30:12.800
<v Speaker 1>more subscribers by then too, right, yeah, one point seven

0:30:12.840 --> 0:30:15.360
<v Speaker 1>five million. Yeah, so that's you know, they're they're on

0:30:15.440 --> 0:30:17.200
<v Speaker 1>the on the rise. And I'll keep in mind that

0:30:17.280 --> 0:30:20.440
<v Speaker 1>by now we're talking about millions and millions of computers

0:30:20.480 --> 0:30:24.080
<v Speaker 1>capable of running Prodigy. But Prodigy was still losing money

0:30:24.080 --> 0:30:26.760
<v Speaker 1>at this time. Yeah, they still were not making a profit.

0:30:26.800 --> 0:30:30.880
<v Speaker 1>In fact, Walter Mossberg and anyone who has followed technology

0:30:30.960 --> 0:30:33.360
<v Speaker 1>for any length of time has heard that name. Walter

0:30:33.440 --> 0:30:37.680
<v Speaker 1>Mossberg has written extensively about technology companies over the past

0:30:38.040 --> 0:30:42.479
<v Speaker 1>couple of decades, criticized Prodigy, saying it lacked many features

0:30:42.560 --> 0:30:44.520
<v Speaker 1>and then it was really kind of difficult to use.

0:30:44.560 --> 0:30:49.080
<v Speaker 1>It was slow, and it wasn't necessarily intuitive that you know,

0:30:49.520 --> 0:30:51.800
<v Speaker 1>while it might be easier to use than say an

0:30:51.800 --> 0:30:54.840
<v Speaker 1>old Bolton board system where you had to you know,

0:30:54.920 --> 0:30:57.920
<v Speaker 1>tip through text commands to to navigate through it, it

0:30:58.040 --> 0:31:01.600
<v Speaker 1>still didn't make a whole lot of intuitive sense, according

0:31:01.680 --> 0:31:04.959
<v Speaker 1>to Mossburg, and that didn't new Prodigy very many fingures.

0:31:06.360 --> 0:31:09.920
<v Speaker 1>Moving on to ninety three, that's when Prodigy incorporated a

0:31:09.920 --> 0:31:14.200
<v Speaker 1>new feature and its software, which was Internet connectivity. Now,

0:31:14.640 --> 0:31:17.840
<v Speaker 1>they weren't giving you the next necessarily giving you the

0:31:17.920 --> 0:31:20.640
<v Speaker 1>access to a web browser. You could get a web

0:31:20.640 --> 0:31:23.200
<v Speaker 1>browser and use Prodigy to connect to the Internet, but

0:31:23.320 --> 0:31:27.400
<v Speaker 1>there wasn't one incorporated directly into Prodigy at that time,

0:31:27.680 --> 0:31:30.160
<v Speaker 1>so they're really still just an online service provider. However,

0:31:30.240 --> 0:31:32.840
<v Speaker 1>what it did allow you to do is use email

0:31:32.960 --> 0:31:37.800
<v Speaker 1>to send messages to people people who were not on

0:31:37.880 --> 0:31:41.520
<v Speaker 1>the Prodigy island. And that year the company we actually

0:31:41.520 --> 0:31:43.920
<v Speaker 1>start having figures now for how much money the company

0:31:43.960 --> 0:31:46.600
<v Speaker 1>was losing. Keep in mind during this time, Prodigy is

0:31:46.760 --> 0:31:51.320
<v Speaker 1>a privately run business. It's not it's not its own

0:31:51.440 --> 0:31:55.000
<v Speaker 1>publicly traded company. It's a partnership between IBM and Sears,

0:31:55.560 --> 0:31:58.000
<v Speaker 1>but it's not itself a publicly trade company. So it

0:31:58.000 --> 0:32:02.560
<v Speaker 1>doesn't have to uh file all of its corporate finances

0:32:02.640 --> 0:32:05.000
<v Speaker 1>with the government, or well it does, but not with

0:32:05.160 --> 0:32:07.480
<v Speaker 1>the public like we don't have access to it. The

0:32:07.480 --> 0:32:10.840
<v Speaker 1>government certainly did because otherwise the gets a little ansy.

0:32:10.880 --> 0:32:14.760
<v Speaker 1>But the company that year, according to some sources, lost

0:32:14.880 --> 0:32:20.560
<v Speaker 1>about sixty million dollars. So a sixty million dollar loss

0:32:20.640 --> 0:32:24.080
<v Speaker 1>is not only not profitable, but ouch. Yeah. This this

0:32:24.560 --> 0:32:27.160
<v Speaker 1>figure comes from funding Universe, and I got to give

0:32:27.200 --> 0:32:31.120
<v Speaker 1>them a shout out because they have a great uh

0:32:31.280 --> 0:32:34.800
<v Speaker 1>summary of prodigies history and I managed to find a

0:32:34.800 --> 0:32:39.080
<v Speaker 1>lot of my research from funding Universe. Uh. So that's

0:32:39.080 --> 0:32:43.720
<v Speaker 1>when Prodigy hits its customer base peak about two million. Yeah,

0:32:43.760 --> 0:32:48.160
<v Speaker 1>now that's that's its peak based upon its own customers

0:32:48.480 --> 0:32:50.720
<v Speaker 1>during the heyday of Prodigy. There is something that will

0:32:50.840 --> 0:32:55.040
<v Speaker 1>change dramatically change Prodigy late in its life that that

0:32:55.320 --> 0:32:58.040
<v Speaker 1>blows that number all the water. But but you can't

0:32:58.080 --> 0:33:01.360
<v Speaker 1>really count it because it's because it's not customers that

0:33:01.400 --> 0:33:05.880
<v Speaker 1>Prodigy themselves gained, right, right. It was almost like Prodigy

0:33:06.000 --> 0:33:08.640
<v Speaker 1>was thrust upon them as opposed to as opposed that

0:33:08.680 --> 0:33:11.280
<v Speaker 1>they came to Prodigy, right, But we'll talk about that

0:33:11.320 --> 0:33:14.880
<v Speaker 1>when we get there. So two million customers, so obviously

0:33:14.880 --> 0:33:18.240
<v Speaker 1>they never really hit that. That promised five million that

0:33:18.280 --> 0:33:21.959
<v Speaker 1>they really wanted to get. Uh. And they also expanded

0:33:22.080 --> 0:33:24.280
<v Speaker 1>UM in October. I think you're about to say they

0:33:24.280 --> 0:33:28.920
<v Speaker 1>they expanded UM to let users use us net using usenet.

0:33:29.040 --> 0:33:32.840
<v Speaker 1>That was a great phraseology that it's almost impossible to avoid.

0:33:32.920 --> 0:33:36.360
<v Speaker 1>I mean that when you're services name is used net

0:33:36.440 --> 0:33:39.200
<v Speaker 1>it's going to happen. But yeah, use net is another

0:33:39.400 --> 0:33:43.680
<v Speaker 1>bolton board message board kind of system where anyone who's

0:33:43.760 --> 0:33:46.440
<v Speaker 1>used us net knows that this was c I told

0:33:46.440 --> 0:33:48.920
<v Speaker 1>you it's you can't get around it. Anyone who has

0:33:49.800 --> 0:33:53.400
<v Speaker 1>taken advantage of use net services knows that this is

0:33:53.440 --> 0:33:58.040
<v Speaker 1>someplace where people where it would share lots of different things, files, pictures,

0:33:58.680 --> 0:34:02.600
<v Speaker 1>information about different topics. A lot of message boards that

0:34:02.680 --> 0:34:06.080
<v Speaker 1>you will find on the Internet really had their origin

0:34:06.120 --> 0:34:09.000
<v Speaker 1>back in the use net days, and you could find

0:34:09.760 --> 0:34:12.480
<v Speaker 1>pretty much any interest you can imagine. There was a

0:34:12.640 --> 0:34:14.920
<v Speaker 1>use net dedicated to it. There was a moore a

0:34:15.000 --> 0:34:17.040
<v Speaker 1>thread dedicated to you. Thinking back, it reminds me a

0:34:17.040 --> 0:34:20.279
<v Speaker 1>little bit of like Reddit these days. Yeah, right right, Yeah,

0:34:20.360 --> 0:34:23.239
<v Speaker 1>it's just or just like the idea that somewhere someone

0:34:23.280 --> 0:34:25.520
<v Speaker 1>has made a web page about the thing you're thinking of.

0:34:26.239 --> 0:34:28.200
<v Speaker 1>The example I will give is I remember when I

0:34:28.239 --> 0:34:31.560
<v Speaker 1>was working for a consulting firm years ago. I decided

0:34:31.600 --> 0:34:34.000
<v Speaker 1>to or one of the consultants I was working with

0:34:34.120 --> 0:34:37.759
<v Speaker 1>wanted in a particular presentation to have a picture of

0:34:37.800 --> 0:34:40.680
<v Speaker 1>a wammy. You know what a wammy is, No more wammy's,

0:34:40.719 --> 0:34:43.080
<v Speaker 1>no more wammies. So there's a game show in the

0:34:43.120 --> 0:34:46.080
<v Speaker 1>eighties called Press Your Luck, maybe early nineties called Press

0:34:46.120 --> 0:34:49.239
<v Speaker 1>Your Luck, and uh, the way the game show worked

0:34:49.320 --> 0:34:51.680
<v Speaker 1>was this little board would light up and uh at

0:34:51.719 --> 0:34:53.680
<v Speaker 1>the light would move from one block to the next,

0:34:53.719 --> 0:34:56.280
<v Speaker 1>and you would press a button and that would stop

0:34:56.320 --> 0:34:58.839
<v Speaker 1>the light and it would either land on a great

0:34:58.840 --> 0:35:01.160
<v Speaker 1>prize or something called a amy. And you've got too

0:35:01.160 --> 0:35:03.279
<v Speaker 1>many whammy's, you were out of the game. So she

0:35:03.360 --> 0:35:05.760
<v Speaker 1>wanted a picture of a whammy and I thought, surely

0:35:05.880 --> 0:35:08.240
<v Speaker 1>someone this. Keep in mind, this is in the nineties

0:35:08.239 --> 0:35:10.279
<v Speaker 1>when I'm saying this, So surely someone's made a web

0:35:10.320 --> 0:35:12.719
<v Speaker 1>page about whammys. And I did the search and sure

0:35:12.840 --> 0:35:16.080
<v Speaker 1>enough I found five now, which just goes to show

0:35:16.120 --> 0:35:17.799
<v Speaker 1>that if you could think about it, someone's made a

0:35:17.800 --> 0:35:20.880
<v Speaker 1>web page about it. So this was for an additional

0:35:20.920 --> 0:35:23.000
<v Speaker 1>fee that was for three dollars and sixty cents per

0:35:23.040 --> 0:35:27.319
<v Speaker 1>hour because it was so information so data intensive. Well, yeah,

0:35:27.800 --> 0:35:30.960
<v Speaker 1>it took up telephone lines again, so you know the

0:35:31.000 --> 0:35:34.800
<v Speaker 1>fact that it was requiring Prodigy to have these lines

0:35:34.880 --> 0:35:36.919
<v Speaker 1>open and thus they had to pay for them. They

0:35:37.320 --> 0:35:39.759
<v Speaker 1>ended up putting three dollars and sixty cents per hour

0:35:40.280 --> 0:35:44.000
<v Speaker 1>as the surcharge. They also introduced chat rooms that year,

0:35:44.040 --> 0:35:46.719
<v Speaker 1>and they introduced them free of charge, which, as it

0:35:46.760 --> 0:35:50.040
<v Speaker 1>turns out, was a terrible idea. Yeah, from a business perspective,

0:35:50.080 --> 0:35:52.760
<v Speaker 1>it was a terrible idea, because every from a customer perspective,

0:35:52.800 --> 0:35:55.719
<v Speaker 1>it was a brilliant idea. And now I can communicate

0:35:55.760 --> 0:35:58.160
<v Speaker 1>with people in real time and chat rooms with lots

0:35:58.200 --> 0:36:00.560
<v Speaker 1>of other people all the same time. But Prodigy there

0:36:00.600 --> 0:36:04.520
<v Speaker 1>were two big problems. Well, that's also really data intensive. Yeah,

0:36:04.800 --> 0:36:08.960
<v Speaker 1>and also people will say the darnedest things when they

0:36:08.960 --> 0:36:14.080
<v Speaker 1>get together. Uh. And so the telecommunications charges went through

0:36:14.080 --> 0:36:17.359
<v Speaker 1>the roof, and the content was something that Prodigy could

0:36:17.360 --> 0:36:19.920
<v Speaker 1>not control. They couldn't censor that the way they could

0:36:19.960 --> 0:36:23.279
<v Speaker 1>the bulletin board messages or the other services. In fact,

0:36:23.280 --> 0:36:25.640
<v Speaker 1>there was a time where there was even a rumor

0:36:25.680 --> 0:36:28.800
<v Speaker 1>that they were looking at emails, although they never were,

0:36:28.840 --> 0:36:32.240
<v Speaker 1>but the rumor broke out that they were, so uh.

0:36:32.520 --> 0:36:36.600
<v Speaker 1>They ended up shutting down the chat rooms um eventually

0:36:36.680 --> 0:36:40.680
<v Speaker 1>because of the the rising cost of operating them and

0:36:40.800 --> 0:36:43.640
<v Speaker 1>the fact that they could not be certain that people

0:36:43.680 --> 0:36:47.000
<v Speaker 1>would behave themselves in the chat rooms. According to prodigies

0:36:47.480 --> 0:36:51.160
<v Speaker 1>idea of how people should behave themselves. The company that

0:36:51.239 --> 0:36:54.120
<v Speaker 1>year lost fifty two millions, so although it lost a

0:36:54.160 --> 0:36:56.200
<v Speaker 1>lot of money, it was less money than it lost

0:36:56.239 --> 0:37:01.319
<v Speaker 1>the year before. I guess, um, that brings us up

0:37:01.520 --> 0:37:05.439
<v Speaker 1>to right. So, oh, ninety five, that's when that's when

0:37:05.560 --> 0:37:11.000
<v Speaker 1>Rock and Roll found Prodigy. Um the former head of

0:37:11.120 --> 0:37:13.680
<v Speaker 1>VH one, or one of the former heads of VH one,

0:37:14.080 --> 0:37:17.480
<v Speaker 1>Edward Bennett, who had really turned the company around. Yeah,

0:37:17.480 --> 0:37:22.320
<v Speaker 1>I had really turned VH one from a struggling channel

0:37:22.440 --> 0:37:25.320
<v Speaker 1>into a success. I'm sure pop up video must have

0:37:25.360 --> 0:37:27.520
<v Speaker 1>been one of those things that was just came out

0:37:27.520 --> 0:37:30.440
<v Speaker 1>of that that era. He joined, he joined Prodigy as

0:37:30.480 --> 0:37:33.320
<v Speaker 1>the new CEO. Yep. And that same year they launched

0:37:33.600 --> 0:37:37.520
<v Speaker 1>a web browser, Prodigy branded web browser, so you would

0:37:38.160 --> 0:37:40.720
<v Speaker 1>go into your Prodigy account and then you could access

0:37:40.719 --> 0:37:43.360
<v Speaker 1>the World Wide Web. Uh. And in ninety five, it

0:37:43.440 --> 0:37:47.960
<v Speaker 1>was still still pretty much a Wild West kind of territory,

0:37:47.960 --> 0:37:51.239
<v Speaker 1>although it was certainly getting larger adoption by then. The

0:37:51.480 --> 0:37:55.759
<v Speaker 1>customers also could uh, well, they now accounted for about

0:37:55.840 --> 0:37:58.239
<v Speaker 1>let's see, I think there's one million of them, so

0:37:58.400 --> 0:38:02.320
<v Speaker 1>the numbers actually dropped them before but the company claimed

0:38:02.360 --> 0:38:05.200
<v Speaker 1>that it was on track to becoming profitable, which it

0:38:05.280 --> 0:38:07.680
<v Speaker 1>had been claiming for the past ten years, right, right,

0:38:07.680 --> 0:38:09.640
<v Speaker 1>but they're they're saying, no, we really mean it now,

0:38:09.800 --> 0:38:12.080
<v Speaker 1>we are we are on the road to becoming a

0:38:12.080 --> 0:38:16.360
<v Speaker 1>profitable business. They lost thirty four point six million dollars

0:38:16.400 --> 0:38:20.440
<v Speaker 1>in that year, but than the previous two years, I

0:38:20.480 --> 0:38:23.919
<v Speaker 1>mean half of half, like two years ago. Yeah, so

0:38:23.920 --> 0:38:26.680
<v Speaker 1>so they're losing less money year over year, which means that,

0:38:27.120 --> 0:38:28.960
<v Speaker 1>in a way, you could say they're on the road

0:38:28.960 --> 0:38:34.120
<v Speaker 1>to being profitable, assuming they can continue that trend. However,

0:38:35.280 --> 0:38:39.360
<v Speaker 1>IBM and Sears basically bailed. Yeah, they said, you know what, guys,

0:38:39.719 --> 0:38:43.480
<v Speaker 1>it's been fun, but it's also been holy heck on

0:38:43.520 --> 0:38:46.920
<v Speaker 1>our wallets, right because I mean they you know, definitely

0:38:47.520 --> 0:38:50.440
<v Speaker 1>over a billion dollars in investments spent at that point

0:38:50.560 --> 0:38:52.839
<v Speaker 1>and in laws and revenue. The fact that they were

0:38:52.880 --> 0:38:55.120
<v Speaker 1>losing money year over year meant that that one billion

0:38:55.280 --> 0:38:57.680
<v Speaker 1>was just a starting point. They had to keep the

0:38:57.719 --> 0:39:01.000
<v Speaker 1>company afloat during these years too. Um so they so

0:39:01.040 --> 0:39:05.319
<v Speaker 1>they wound up selling Pridecy Services Company to to a

0:39:05.320 --> 0:39:09.799
<v Speaker 1>company called International Wireless Incorporated. That the new management team

0:39:09.840 --> 0:39:13.960
<v Speaker 1>was still led by Edward Bennett. But but yeah, they

0:39:14.200 --> 0:39:18.279
<v Speaker 1>they had some they cleared some house yeah. Yeah. In

0:39:18.440 --> 0:39:19.799
<v Speaker 1>order to get it ready for the sale, I think

0:39:19.800 --> 0:39:22.560
<v Speaker 1>that they dropped seventeen percent of their workforce. Yeah. Yeah.

0:39:22.640 --> 0:39:25.319
<v Speaker 1>It was one of those strategies that companies sometimes use

0:39:25.360 --> 0:39:28.480
<v Speaker 1>in order to make them look better than than how

0:39:28.520 --> 0:39:31.600
<v Speaker 1>they're operating. They lower operating costs. One way to lower

0:39:31.640 --> 0:39:35.000
<v Speaker 1>operating costs get rid of some of those pesky salaries. Yeah,

0:39:35.040 --> 0:39:37.160
<v Speaker 1>I mean that, you know. Either way, the sale was

0:39:37.239 --> 0:39:40.560
<v Speaker 1>for seventy eight point two million, which is embarrassing. Yeah,

0:39:40.600 --> 0:39:43.120
<v Speaker 1>when you look at it, over a billion dollars in

0:39:43.239 --> 0:39:46.480
<v Speaker 1>investments over the years, plus however much was needed to

0:39:46.560 --> 0:39:49.120
<v Speaker 1>keep the company afloat. Selling it for seventy eight point

0:39:49.120 --> 0:39:52.120
<v Speaker 1>two million is really cutting your losses whether or not.

0:39:52.200 --> 0:39:56.919
<v Speaker 1>That's the biggest uh, you know, biggest uh dump as

0:39:56.920 --> 0:39:59.160
<v Speaker 1>far as it goes. No, there are other ones that

0:39:59.160 --> 0:40:01.359
<v Speaker 1>are even worse. I mean you can argue like things

0:40:01.400 --> 0:40:04.920
<v Speaker 1>like MySpace and uh and there are other properties that

0:40:05.160 --> 0:40:09.399
<v Speaker 1>had really dramatic investments and then a huge drop off.

0:40:09.880 --> 0:40:14.759
<v Speaker 1>But it's it's definitely up there. So uh. The new

0:40:14.840 --> 0:40:18.279
<v Speaker 1>strategy that the company has is to really kind of

0:40:18.320 --> 0:40:22.680
<v Speaker 1>branch out to still offer the online service provider provider

0:40:22.719 --> 0:40:24.920
<v Speaker 1>services that it had so in other words, you know,

0:40:24.960 --> 0:40:27.000
<v Speaker 1>this would still be something that you would log into

0:40:27.080 --> 0:40:30.360
<v Speaker 1>and you would have your curated content. Uh. And you

0:40:30.400 --> 0:40:34.960
<v Speaker 1>could then also access some Internet functionality that was packaged

0:40:35.000 --> 0:40:38.200
<v Speaker 1>under the name Prodigy Classic, right, or you could actually

0:40:38.280 --> 0:40:40.879
<v Speaker 1>use Prodigy as an Internet service provider, and this would

0:40:40.880 --> 0:40:43.920
<v Speaker 1>be the company that would give you the access to

0:40:44.120 --> 0:40:47.040
<v Speaker 1>the Internet, so you could browse the Internet, send email,

0:40:47.080 --> 0:40:48.959
<v Speaker 1>all the kind of stuff that we do all the time.

0:40:49.400 --> 0:40:52.680
<v Speaker 1>And that one that that service had an interesting name.

0:40:53.040 --> 0:40:55.400
<v Speaker 1>So you had Project Classic, and then the Internet service

0:40:55.400 --> 0:41:02.200
<v Speaker 1>provider branch was called Prodigy Internet. Okay, really really creative

0:41:02.200 --> 0:41:04.879
<v Speaker 1>marketing forces here. The company that year had also changed

0:41:04.880 --> 0:41:08.080
<v Speaker 1>its name to Prodigy Incorporated. Yep, yep, So now it's

0:41:08.200 --> 0:41:12.960
<v Speaker 1>Prodigy Inc. And uh, they changed the subscription package. Now

0:41:13.040 --> 0:41:17.640
<v Speaker 1>it was no longer for either service. It was now

0:41:18.760 --> 0:41:22.440
<v Speaker 1>you had to spend whether it was Prodigy Classic or

0:41:22.440 --> 0:41:25.360
<v Speaker 1>Prodigy Internet didn't matter which. Uh. And that year the

0:41:25.360 --> 0:41:28.480
<v Speaker 1>company lost ninety point eight million dollars. Yeah, and so

0:41:28.719 --> 0:41:30.880
<v Speaker 1>I mean you keep in mind that the overall market

0:41:31.040 --> 0:41:34.640
<v Speaker 1>AOL had been adding some three thousand subscribers per month

0:41:35.280 --> 0:41:38.920
<v Speaker 1>um and had in fact declined to take over Prodigy. Yeah,

0:41:39.120 --> 0:41:42.920
<v Speaker 1>they they supposedly visited the premises at some point and went,

0:41:42.960 --> 0:41:45.560
<v Speaker 1>you know, we're doing okay, they went, they went to

0:41:45.560 --> 0:41:49.120
<v Speaker 1>White Plains, New York, which is where Prodigy was headquartered,

0:41:50.040 --> 0:41:52.640
<v Speaker 1>and Microsoft Network, which had been online for less than

0:41:52.680 --> 0:41:56.080
<v Speaker 1>a year, had already surpassed Prodigy and subscribers. Yeah, so

0:41:56.120 --> 0:41:58.799
<v Speaker 1>this is one of the things where uh, and we'll

0:41:58.800 --> 0:42:00.960
<v Speaker 1>talk a little bit, I guess towards the end about

0:42:00.960 --> 0:42:03.399
<v Speaker 1>what we think kind of went wrong with Prodigy. I

0:42:03.400 --> 0:42:05.279
<v Speaker 1>I can at least speak to that a little bit,

0:42:05.760 --> 0:42:09.759
<v Speaker 1>but it became pretty clear in hindsight that Prodigy made

0:42:09.800 --> 0:42:13.000
<v Speaker 1>some poor choices. We got more poor choices to talk about.

0:42:13.080 --> 0:42:15.480
<v Speaker 1>Before we get into that, though, we want to take

0:42:15.520 --> 0:42:18.640
<v Speaker 1>a quick break and thank our sponsor. Alright, So we

0:42:18.800 --> 0:42:22.439
<v Speaker 1>left off in nineteen six, so logically we should then

0:42:22.520 --> 0:42:27.000
<v Speaker 1>move on to crazy talk. That was when Prodigy split

0:42:27.000 --> 0:42:30.719
<v Speaker 1>into three divisions. Ye. So you had two divisions that

0:42:30.800 --> 0:42:33.520
<v Speaker 1>looked at the core services. One of them were was

0:42:33.600 --> 0:42:36.920
<v Speaker 1>specifically focused on domestic and one on international. But you

0:42:36.960 --> 0:42:39.759
<v Speaker 1>had a third division as well, right, That one was

0:42:39.840 --> 0:42:42.879
<v Speaker 1>all about software development. So that was about building a

0:42:42.920 --> 0:42:47.400
<v Speaker 1>new functionality and improving the existing functionality of the Prodigy service.

0:42:47.440 --> 0:42:49.359
<v Speaker 1>That was all that it was done, which they were doing.

0:42:49.560 --> 0:42:54.000
<v Speaker 1>They had, around as the similar time, launched a supposedly

0:42:54.040 --> 0:42:57.280
<v Speaker 1>the first bulletin board archive, which was essentially a search engine,

0:42:57.320 --> 0:42:59.720
<v Speaker 1>and that was kind of a new crazy thing within

0:43:00.120 --> 0:43:04.880
<v Speaker 1>the bulletin board messaging board world. Yeah, we had some

0:43:04.960 --> 0:43:07.799
<v Speaker 1>early search engines in those nineties cash I remember things

0:43:07.840 --> 0:43:10.680
<v Speaker 1>like web crawler. But this is you know, this is

0:43:10.800 --> 0:43:15.080
<v Speaker 1>right when companies like Google are just starting to bloom.

0:43:15.120 --> 0:43:19.040
<v Speaker 1>They're not even really on the the horizon yet for

0:43:19.080 --> 0:43:22.480
<v Speaker 1>most people. So it was certainly something that was still

0:43:22.560 --> 0:43:25.880
<v Speaker 1>seen as very much innovative. UM. As for the international

0:43:26.440 --> 0:43:31.040
<v Speaker 1>UH efforts on part of Prodigy, we mentioned earlier that

0:43:31.160 --> 0:43:34.880
<v Speaker 1>Europe was very much saturated with online service providers and

0:43:35.000 --> 0:43:38.440
<v Speaker 1>internet service providers of their own, so Prodigy really didn't

0:43:38.480 --> 0:43:41.680
<v Speaker 1>see like there was a great in road and basically

0:43:41.719 --> 0:43:43.279
<v Speaker 1>never even went there. They were just like, you know,

0:43:44.440 --> 0:43:47.680
<v Speaker 1>so they started looking at other markets UH, and mainly

0:43:48.040 --> 0:43:51.440
<v Speaker 1>at that time it was Africa and China. They also

0:43:51.640 --> 0:43:55.680
<v Speaker 1>started to make some impact in Mexico and in fact

0:43:55.719 --> 0:43:59.400
<v Speaker 1>that would become more important, very important. UM They had

0:43:59.440 --> 0:44:02.279
<v Speaker 1>around well in ninety seven, they estimated that they needed

0:44:02.280 --> 0:44:06.680
<v Speaker 1>about one point five million customers in order to break even. Uh,

0:44:06.719 --> 0:44:09.319
<v Speaker 1>they did not have one point five million customers in

0:44:09.400 --> 0:44:12.399
<v Speaker 1>ninety seven, they had about six d and thirteen thousand. Yeah,

0:44:12.840 --> 0:44:16.000
<v Speaker 1>compared to A O L's like eight million, right, and

0:44:16.000 --> 0:44:19.680
<v Speaker 1>and that sixteen thousand. They actually had more customers than that,

0:44:19.719 --> 0:44:22.800
<v Speaker 1>but six and thirteen thousand were the billable customers because

0:44:22.800 --> 0:44:25.640
<v Speaker 1>because you know, they might have joined the service, but

0:44:25.680 --> 0:44:28.600
<v Speaker 1>they were in that free free period, so they weren't

0:44:28.640 --> 0:44:30.920
<v Speaker 1>being build for that. Actually, that was the year that

0:44:31.000 --> 0:44:34.759
<v Speaker 1>FTC that the the Federal Trade Commission charged Prodigy, compu Serve,

0:44:34.840 --> 0:44:37.360
<v Speaker 1>and a o L with all having made unclear free

0:44:37.360 --> 0:44:40.719
<v Speaker 1>trial offers that didn't sufficiently warn their customers about being

0:44:40.760 --> 0:44:44.040
<v Speaker 1>automatically built at the end of the trial period. Excellent.

0:44:44.160 --> 0:44:47.080
<v Speaker 1>I actually saw that lawsuit, like I had the information

0:44:47.160 --> 0:44:49.880
<v Speaker 1>up on my page. I felt like I didn't have

0:44:50.000 --> 0:44:51.600
<v Speaker 1>enough time to read it. So I'm glad you did

0:44:52.080 --> 0:44:55.440
<v Speaker 1>because I was like, there's something legal happened in nine seven.

0:44:55.600 --> 0:44:59.040
<v Speaker 1>Moving on, Uh, so, how much money did the company

0:44:59.239 --> 0:45:05.920
<v Speaker 1>lose in nineteen seven and thirty two point seventy eight million? Wow? Wow,

0:45:06.680 --> 0:45:10.080
<v Speaker 1>So keep in mind just a few years earlier. It was.

0:45:10.239 --> 0:45:13.600
<v Speaker 1>It was back in when they thought that they were

0:45:13.640 --> 0:45:16.880
<v Speaker 1>on the road to profitability. That's when they lost thirty

0:45:16.880 --> 0:45:19.960
<v Speaker 1>four million dollars back in ninety five, and then just

0:45:20.000 --> 0:45:23.960
<v Speaker 1>two years later they lose a hundred thirty two million,

0:45:24.000 --> 0:45:27.839
<v Speaker 1>almost a hundred thirty three million dollars. Clearly, things were

0:45:27.920 --> 0:45:31.000
<v Speaker 1>not moving in the same direction as they had perceived

0:45:31.120 --> 0:45:33.239
<v Speaker 1>back in ninety five, and certainly not where they were

0:45:33.280 --> 0:45:36.319
<v Speaker 1>hoping now. Right. So, Grantly, there were a lot of

0:45:36.320 --> 0:45:38.360
<v Speaker 1>things going on in the market at that time, including

0:45:38.400 --> 0:45:42.560
<v Speaker 1>this increased competition from the other rivals in the space.

0:45:43.440 --> 0:45:46.120
<v Speaker 1>Uh and and so in the company decides to do

0:45:46.200 --> 0:45:49.160
<v Speaker 1>something really dramatic, something that they had only done a

0:45:49.200 --> 0:45:53.080
<v Speaker 1>couple of times before. They were their their their name changed, Yeah,

0:45:53.239 --> 0:45:56.799
<v Speaker 1>they changed to Prodigy Communications Corporation. Right. So, then they

0:45:56.840 --> 0:45:59.840
<v Speaker 1>also decided to lower the monthly fee so back to

0:46:00.000 --> 0:46:04.360
<v Speaker 1>about fifteen fifteen bucks, and they promised a new digital

0:46:04.400 --> 0:46:08.480
<v Speaker 1>service that would be specifically geared for the brand new,

0:46:08.719 --> 0:46:15.000
<v Speaker 1>blisteringly fast fifty six K modems. Yeah, I remember having

0:46:15.000 --> 0:46:20.719
<v Speaker 1>a twenty four hundred, yeah, mottem. I think in that

0:46:20.760 --> 0:46:24.000
<v Speaker 1>time I actually did think that K was blistering lee fast.

0:46:24.120 --> 0:46:25.960
<v Speaker 1>I think I still had a fourteen four at the time,

0:46:26.440 --> 0:46:31.160
<v Speaker 1>So I had essentially two point four is what mine was. Man, Yeah,

0:46:31.600 --> 0:46:34.000
<v Speaker 1>you would. You would just hope that whatever link, whatever

0:46:34.080 --> 0:46:37.080
<v Speaker 1>thing you were looking at was just text, because if

0:46:37.120 --> 0:46:39.200
<v Speaker 1>there was anything other than text, you were going to

0:46:39.280 --> 0:46:41.200
<v Speaker 1>be there for a good couple of hours. I can

0:46:41.239 --> 0:46:44.200
<v Speaker 1>tell you my x files fan pages loaded very slowly.

0:46:44.560 --> 0:46:47.840
<v Speaker 1>Um well, the truth was out there. Uh So the

0:46:47.880 --> 0:46:51.280
<v Speaker 1>news service was supposed to be much faster. The fifty

0:46:51.320 --> 0:46:53.960
<v Speaker 1>six K optimized service is supposed to be faster and

0:46:54.120 --> 0:46:57.600
<v Speaker 1>have more rich content than the older services. Now remember

0:46:57.640 --> 0:47:00.840
<v Speaker 1>we said that the older services services had graphics, but

0:47:00.880 --> 0:47:03.759
<v Speaker 1>these graphics were akin to what you might see in

0:47:03.840 --> 0:47:08.120
<v Speaker 1>an old clip art, uh folder, Right, they weren't. They

0:47:08.120 --> 0:47:12.760
<v Speaker 1>weren't like photo realistic pictures or anything along those lines.

0:47:13.040 --> 0:47:15.080
<v Speaker 1>And when you see the commercial, you'll understand what I

0:47:15.320 --> 0:47:18.200
<v Speaker 1>what I mean, because that be feater. It's pretty gorgeous.

0:47:18.520 --> 0:47:22.080
<v Speaker 1>It's it's it's. My My favorite thing is the reaction

0:47:22.120 --> 0:47:24.920
<v Speaker 1>of the old man when he sees the page load

0:47:25.000 --> 0:47:27.799
<v Speaker 1>up about England and it's a little cartoon of a

0:47:27.920 --> 0:47:32.719
<v Speaker 1>b feeder and he's like, wow, how easily we were

0:47:32.760 --> 0:47:35.040
<v Speaker 1>impressed back in those days, Like you know, yeah, like

0:47:35.040 --> 0:47:37.760
<v Speaker 1>like pixel art on the level of that, like Diesel

0:47:37.760 --> 0:47:41.440
<v Speaker 1>Sweeties makes fun of these days, right. Yeah. So at

0:47:41.440 --> 0:47:44.560
<v Speaker 1>this time, the company was still maintaining two different services,

0:47:44.600 --> 0:47:49.160
<v Speaker 1>Prodigy Classic and Prodigy Internet uh, and combined those two

0:47:49.200 --> 0:47:52.800
<v Speaker 1>services had eight hundred thirty thousand customers, only six hundred

0:47:52.840 --> 0:47:57.040
<v Speaker 1>seventy one thousand of which were considered billable customers. So

0:47:57.160 --> 0:47:59.799
<v Speaker 1>the company lost money yet again, but less than they

0:47:59.800 --> 0:48:02.560
<v Speaker 1>had the year previous, less than half. Only sixty five

0:48:02.600 --> 0:48:06.400
<v Speaker 1>point eight million point eight millions. Yeah, it's tiny compared

0:48:06.440 --> 0:48:12.160
<v Speaker 1>to the two so yeah, good, at least at least

0:48:12.200 --> 0:48:14.520
<v Speaker 1>it was a reverse in the trend because they had

0:48:14.560 --> 0:48:17.759
<v Speaker 1>been losing more and more money each year. Yes. Um,

0:48:18.280 --> 0:48:21.200
<v Speaker 1>So the next year they launched an I p O

0:48:21.400 --> 0:48:25.000
<v Speaker 1>because why wouldn't you You've been losing money year over year,

0:48:25.280 --> 0:48:27.040
<v Speaker 1>And I think I think that was one of those

0:48:27.080 --> 0:48:30.000
<v Speaker 1>desperate bids to avoid bankruptcy kind of kind of I

0:48:30.120 --> 0:48:32.200
<v Speaker 1>p O s. Because there's two kinds of IPOs. There's

0:48:32.200 --> 0:48:34.120
<v Speaker 1>the kind that we're like, Wow, we're so excited and

0:48:34.120 --> 0:48:35.640
<v Speaker 1>we think that everyone's going to give us even more

0:48:35.680 --> 0:48:38.240
<v Speaker 1>money to do these wonderful things, and there's oh, crap,

0:48:38.440 --> 0:48:41.840
<v Speaker 1>oh crap, my car, don't take my car. Please please

0:48:41.960 --> 0:48:44.720
<v Speaker 1>put money in us, because we promise we are going

0:48:44.760 --> 0:48:47.680
<v Speaker 1>to be much more profitable very very soon. We promised

0:48:47.680 --> 0:48:50.799
<v Speaker 1>we're going to sell it to a sucker. Right, that

0:48:50.840 --> 0:48:53.000
<v Speaker 1>may also be the case, like, well, we'll we'll only

0:48:53.000 --> 0:48:57.239
<v Speaker 1>be publicly tradeable shortly, and then we'll we'll endure a

0:48:57.600 --> 0:49:00.000
<v Speaker 1>hostile takeover, which will actually be just a takeover because

0:49:00.000 --> 0:49:02.640
<v Speaker 1>will be like, please take over. But they raised about

0:49:02.640 --> 0:49:04.759
<v Speaker 1>a hundred and sixty million out of that. Yeah, so

0:49:04.920 --> 0:49:08.440
<v Speaker 1>they did raise money. The stocks share price originally was

0:49:08.480 --> 0:49:11.920
<v Speaker 1>fifteen dollars from what I understand, ac Corey to Funding Universe,

0:49:11.960 --> 0:49:15.719
<v Speaker 1>the highest point of the stock price in ended up

0:49:15.760 --> 0:49:18.920
<v Speaker 1>being about fifty dollars per share. But that was a

0:49:18.960 --> 0:49:23.800
<v Speaker 1>time where the investment companies were very much excited about

0:49:23.840 --> 0:49:28.239
<v Speaker 1>technology companies we're talking about. This is also another Yeah,

0:49:28.320 --> 0:49:30.439
<v Speaker 1>this is the cusp. This is before. This is while

0:49:30.480 --> 0:49:34.000
<v Speaker 1>the dot com bubble is inflating. Right, So this is

0:49:34.040 --> 0:49:36.880
<v Speaker 1>when we were all believing that the Internet was going

0:49:36.920 --> 0:49:39.600
<v Speaker 1>to be the way everyone was going to do business

0:49:39.640 --> 0:49:42.160
<v Speaker 1>from that point forward, that that the brick and mortar

0:49:42.200 --> 0:49:45.400
<v Speaker 1>stores were going to die out almost immediately. This is

0:49:45.400 --> 0:49:47.640
<v Speaker 1>how everything's gonna work. We just have to make sure

0:49:47.680 --> 0:49:50.600
<v Speaker 1>that we've got the business plan in place that makes

0:49:50.680 --> 0:49:54.720
<v Speaker 1>it all magically happen. And I apologize for this age reference, Jonathan,

0:49:54.800 --> 0:49:57.400
<v Speaker 1>but but this was right before I graduated from high school,

0:49:57.520 --> 0:50:01.680
<v Speaker 1>and I've been married for two years, and and it

0:50:01.719 --> 0:50:03.760
<v Speaker 1>was right about that time that all of my friends

0:50:03.880 --> 0:50:06.520
<v Speaker 1>were going, like, we are going to make our fortunes

0:50:06.600 --> 0:50:09.920
<v Speaker 1>doing this internet thing. Yeah. So obviously that's one of

0:50:09.920 --> 0:50:13.279
<v Speaker 1>those if you're a company that offers access to this

0:50:13.400 --> 0:50:16.520
<v Speaker 1>magical world called the Internet, you're in a good position.

0:50:16.640 --> 0:50:18.680
<v Speaker 1>So they did do pretty well with that I p

0:50:18.800 --> 0:50:23.040
<v Speaker 1>O and the subsequent year of investment, but not so

0:50:23.120 --> 0:50:25.120
<v Speaker 1>well that they were actually able to generate a lot

0:50:25.160 --> 0:50:29.800
<v Speaker 1>of revenue from this um. They would eventually, by the

0:50:29.880 --> 0:50:33.840
<v Speaker 1>end of ninety nine lose eighty point four nine millions.

0:50:33.880 --> 0:50:37.080
<v Speaker 1>So again it's gone up since the last time. But

0:50:37.120 --> 0:50:40.399
<v Speaker 1>they also would undergo kind of a change as well

0:50:40.480 --> 0:50:44.360
<v Speaker 1>because with this I p O it allowed a company

0:50:44.480 --> 0:50:48.840
<v Speaker 1>called Carso Global Telecom Essay de c V. It's a

0:50:48.880 --> 0:50:53.759
<v Speaker 1>Mexican company, to end up with sixty percent ownership of Prodigy.

0:50:54.200 --> 0:50:57.440
<v Speaker 1>Uh so, this was one of those companies that ended

0:50:57.520 --> 0:51:00.600
<v Speaker 1>up investing in Prodigy. When they started making those in

0:51:00.719 --> 0:51:04.279
<v Speaker 1>roads into Mexico, and in fact, Prodigy to this day

0:51:04.560 --> 0:51:06.719
<v Speaker 1>is very important in Mexico. But we'll get into that.

0:51:06.840 --> 0:51:10.560
<v Speaker 1>So Prodigy launched a bilingual I SP service in the

0:51:10.640 --> 0:51:14.239
<v Speaker 1>United States and also entered a joint venture into Mexico's

0:51:14.320 --> 0:51:17.359
<v Speaker 1>largest I s P, which was called telmex Ye. And

0:51:17.640 --> 0:51:20.239
<v Speaker 1>at that time the company also went ahead sold off

0:51:20.400 --> 0:51:23.840
<v Speaker 1>its African assets, those those regional areas in Africa that

0:51:23.880 --> 0:51:27.440
<v Speaker 1>had been supporting for only two point eight one million dollars.

0:51:28.080 --> 0:51:33.000
<v Speaker 1>But later in Prodigy acquired a company called flash Net Communications,

0:51:33.000 --> 0:51:35.800
<v Speaker 1>which was a rival I s P and OSP for

0:51:36.000 --> 0:51:40.560
<v Speaker 1>a hundred thirteen million dollars. That did add two hundred

0:51:40.560 --> 0:51:43.160
<v Speaker 1>and fifty thousand customers to their base. Yep. So now

0:51:43.200 --> 0:51:47.359
<v Speaker 1>they've they've almost artificially added more customers in a way,

0:51:47.440 --> 0:51:49.960
<v Speaker 1>because they ended up acquiring all the ones that had

0:51:50.040 --> 0:51:54.560
<v Speaker 1>belonged to flash Net. And then Prodigy and SBC Communications Incorporated,

0:51:54.600 --> 0:51:58.480
<v Speaker 1>which is a telephone company, announced plans for a limited partnership,

0:51:59.040 --> 0:52:02.160
<v Speaker 1>and that partnership would make Prodigy the exclusive I s

0:52:02.160 --> 0:52:04.399
<v Speaker 1>P for SBC consumers. So you know when I said

0:52:04.400 --> 0:52:07.120
<v Speaker 1>earlier about how two million was kind of the peak

0:52:07.520 --> 0:52:10.560
<v Speaker 1>for Prodigy, This is where the caveat comes in because

0:52:10.600 --> 0:52:14.000
<v Speaker 1>because SPC had something like seventy millions, seventy seven million

0:52:14.040 --> 0:52:18.440
<v Speaker 1>high speed Internet customers, which meant that because this agreement

0:52:18.600 --> 0:52:24.240
<v Speaker 1>made Prodigy the the exclusive provider, it it boosted Prodigies

0:52:24.280 --> 0:52:26.520
<v Speaker 1>numbers to an insane amount. But that's the thing is

0:52:26.520 --> 0:52:29.719
<v Speaker 1>that these were not people who were subscribing directly to Prodigy.

0:52:29.920 --> 0:52:32.080
<v Speaker 1>Well they you know, it's they were because they had to,

0:52:32.320 --> 0:52:35.239
<v Speaker 1>but they were subscribing to SPC R and so it

0:52:35.280 --> 0:52:39.000
<v Speaker 1>wasn't generating the revenue directly through Prodigy the way. The way,

0:52:39.040 --> 0:52:42.640
<v Speaker 1>because Prodigy also made money through advertising. They would put

0:52:42.680 --> 0:52:46.520
<v Speaker 1>ads on their pages, usually one ad per page, so

0:52:46.560 --> 0:52:48.960
<v Speaker 1>it's not like you would have tons of ads on everything.

0:52:49.480 --> 0:52:51.799
<v Speaker 1>So they would generate some revenue that way, so that

0:52:51.800 --> 0:52:54.120
<v Speaker 1>there was also, you know, a method of making some

0:52:54.160 --> 0:52:59.279
<v Speaker 1>money besides just direct subscriptions. Anyway. Uh, that was also

0:52:59.320 --> 0:53:03.800
<v Speaker 1>the year where probably was shut down temporarily on purpose. Internally,

0:53:03.800 --> 0:53:06.440
<v Speaker 1>they shut down they or they turned off the lights,

0:53:06.600 --> 0:53:09.120
<v Speaker 1>as some people have said, because there was something going

0:53:09.160 --> 0:53:11.279
<v Speaker 1>on in ninety nine that a lot of people just

0:53:11.600 --> 0:53:13.760
<v Speaker 1>I mean, you've heard the phrase, but you've probably forgotten

0:53:13.800 --> 0:53:16.279
<v Speaker 1>all about it. The whole two k things. Yeah, back

0:53:16.280 --> 0:53:18.839
<v Speaker 1>when we thought the world was gonna end, because all

0:53:18.960 --> 0:53:23.439
<v Speaker 1>computers had only been programmed to run up through through through,

0:53:24.840 --> 0:53:28.359
<v Speaker 1>no one had bothered too well they had used they

0:53:28.360 --> 0:53:32.759
<v Speaker 1>had only programmed the date for the year as two digits, right,

0:53:32.840 --> 0:53:36.359
<v Speaker 1>so computers would read ninety nine as nine. And then

0:53:36.400 --> 0:53:38.239
<v Speaker 1>everyone thought, wait a minute, what happens when they hit

0:53:38.320 --> 0:53:40.880
<v Speaker 1>zero zero for two thousand? Uh? Does that mean the

0:53:40.880 --> 0:53:43.640
<v Speaker 1>computers are just going to assume it's nineteen hundred because

0:53:43.640 --> 0:53:47.160
<v Speaker 1>it's going to reset to that value. It doesn't understand

0:53:47.239 --> 0:53:50.480
<v Speaker 1>that there is another year here, and if that happens,

0:53:50.600 --> 0:53:53.080
<v Speaker 1>how is this going to affect everything else? And so

0:53:53.120 --> 0:53:55.080
<v Speaker 1>you had people saying, well, you're probably gonna have some

0:53:55.120 --> 0:53:57.480
<v Speaker 1>interruptions and services, but that's about as bad as it's

0:53:57.520 --> 0:53:58.799
<v Speaker 1>going to be. And then you had the other side

0:53:58.800 --> 0:54:00.920
<v Speaker 1>of the spectrum where they said all of the world

0:54:00.920 --> 0:54:05.880
<v Speaker 1>shall end, the financial markets shall crash. Basically, be I

0:54:05.920 --> 0:54:08.080
<v Speaker 1>know that fight Club hasn't did fight Club come out

0:54:08.080 --> 0:54:10.160
<v Speaker 1>that year? I know that fight Club wasn't a big

0:54:10.239 --> 0:54:13.000
<v Speaker 1>thing at that point, but but but like basically the

0:54:13.120 --> 0:54:15.160
<v Speaker 1>end of fight Club, I would just say, like dogs

0:54:15.200 --> 0:54:18.640
<v Speaker 1>and cats living together, mass hysteria. Yeah, so that that's

0:54:18.719 --> 0:54:21.640
<v Speaker 1>essentially what we're looking at in fact, and and it

0:54:21.719 --> 0:54:23.480
<v Speaker 1>was one of those things where even I at the time,

0:54:23.520 --> 0:54:25.279
<v Speaker 1>I was not working at how stuff works at the time,

0:54:25.280 --> 0:54:27.440
<v Speaker 1>but even at the time, I was thinking, where do

0:54:27.520 --> 0:54:32.640
<v Speaker 1>I want to be when becomes two thousand and I

0:54:32.680 --> 0:54:35.240
<v Speaker 1>decided to go to a very flamboyant club in Athens

0:54:35.400 --> 0:54:38.000
<v Speaker 1>and it was fabulous because I figured, if if the

0:54:38.040 --> 0:54:39.799
<v Speaker 1>world is going to end, I wanted to end with

0:54:39.840 --> 0:54:43.879
<v Speaker 1>some amazing music. That's that's entirely fair. Um. Why two

0:54:43.920 --> 0:54:47.000
<v Speaker 1>K was also the they retired Prodigy Classic that year

0:54:47.080 --> 0:54:49.160
<v Speaker 1>and they started why twok is one of the reasons,

0:54:49.200 --> 0:54:51.920
<v Speaker 1>along with other architecture problems that you know, it was

0:54:52.000 --> 0:54:55.000
<v Speaker 1>not really a system that was intended to go along

0:54:55.000 --> 0:54:58.480
<v Speaker 1>with all of these new crazy innovations, right, so they

0:54:58.480 --> 0:55:03.320
<v Speaker 1>were really taking taking a similar model to America Online,

0:55:03.400 --> 0:55:07.040
<v Speaker 1>where where the Prodigy service would launch you into a

0:55:07.120 --> 0:55:10.239
<v Speaker 1>portal page where there then you could go and do

0:55:10.280 --> 0:55:12.919
<v Speaker 1>whatever it was you wanted to do. But uh, yeah,

0:55:12.920 --> 0:55:15.319
<v Speaker 1>they wanted to kind of get away from having to

0:55:15.360 --> 0:55:19.400
<v Speaker 1>support this this legacy system of Prodigy Classic because it

0:55:19.480 --> 0:55:22.520
<v Speaker 1>was becoming less and less relevant and it required a

0:55:22.560 --> 0:55:25.840
<v Speaker 1>diversion of revenue. It required a diversion of assets, I

0:55:25.840 --> 0:55:29.120
<v Speaker 1>should say, right, sure, it's still affected some two hundred

0:55:29.200 --> 0:55:32.600
<v Speaker 1>and eight thousand subscribers which Prodigy tried to move to

0:55:32.960 --> 0:55:37.400
<v Speaker 1>um to their Internet service with with middling success. Yeah.

0:55:37.560 --> 0:55:40.239
<v Speaker 1>If you've ever worked with someone who was very much

0:55:40.360 --> 0:55:43.560
<v Speaker 1>used to a particular type of system and then watched

0:55:43.640 --> 0:55:46.279
<v Speaker 1>as they tried to navigate a new system, you can

0:55:46.320 --> 0:55:49.640
<v Speaker 1>see how quickly they can become frustrated and disenchanted. They

0:55:49.640 --> 0:55:53.239
<v Speaker 1>actually they actually provided a new homepage like at like

0:55:53.280 --> 0:55:56.600
<v Speaker 1>a different port for the Classic customers who were moving

0:55:56.600 --> 0:55:59.160
<v Speaker 1>to Internet that looked more like the original Classic port

0:55:59.239 --> 0:56:03.600
<v Speaker 1>to help less transitioning. I think about every time anyone

0:56:03.719 --> 0:56:07.239
<v Speaker 1>upgrades their operating system, or even when Facebook changes, I mean,

0:56:07.280 --> 0:56:11.280
<v Speaker 1>you know the Internet riots. Yeah, no, not my favorite

0:56:11.280 --> 0:56:14.000
<v Speaker 1>thing to post at that is uh, the new Facebook

0:56:14.080 --> 0:56:16.160
<v Speaker 1>changes are the worst thing to happen since the last

0:56:16.239 --> 0:56:19.600
<v Speaker 1>Facebook changes, because that's how it always seems like. At

0:56:19.600 --> 0:56:24.000
<v Speaker 1>any rate. Getting back onto Prodigy. In two thousand, SBC,

0:56:24.280 --> 0:56:27.200
<v Speaker 1>the company we talked about, the telephone company, purchased at

0:56:27.960 --> 0:56:31.799
<v Speaker 1>interest in Prodigy, and earlier Prodigy had been looking at

0:56:31.880 --> 0:56:35.520
<v Speaker 1>possibly merging with earth Link and mind Spring, which would

0:56:35.520 --> 0:56:37.960
<v Speaker 1>have been a very interesting outcome because all of these

0:56:38.000 --> 0:56:42.360
<v Speaker 1>companies had sort of been suffering against the onslaught that

0:56:42.480 --> 0:56:47.759
<v Speaker 1>was America Online. UM and SPC would essentially end up

0:56:47.800 --> 0:56:51.120
<v Speaker 1>with controlling interest in Prodigy within the next year, so

0:56:51.520 --> 0:56:54.920
<v Speaker 1>they bought controlling interests. Right. So moving ahead to two

0:56:54.960 --> 0:56:58.640
<v Speaker 1>thousand two, SBC formed another strategic alliance, this time with

0:56:58.960 --> 0:57:03.719
<v Speaker 1>a little company called Yahoo. Yahoo. Yeah, so two thousand two,

0:57:03.719 --> 0:57:06.000
<v Speaker 1>this is this is back when Yahoo was was doing

0:57:06.040 --> 0:57:08.640
<v Speaker 1>some serious business, right, I mean, this was not the

0:57:08.880 --> 0:57:11.640
<v Speaker 1>era where we all were wondering what Yahoo was going

0:57:11.640 --> 0:57:13.239
<v Speaker 1>to be able to do to turn things around. This

0:57:13.239 --> 0:57:16.160
<v Speaker 1>is when Yah who is really on the rise and uh.

0:57:16.240 --> 0:57:19.600
<v Speaker 1>The alliance ended up creating a new kind of Yahoo portal.

0:57:19.760 --> 0:57:22.160
<v Speaker 1>So if you've been to, like if you ever visited

0:57:22.240 --> 0:57:24.400
<v Speaker 1>Yahoo back in this time, you remember that there was

0:57:24.440 --> 0:57:26.920
<v Speaker 1>one of these things where you would get news and sports,

0:57:26.920 --> 0:57:29.040
<v Speaker 1>and it's very similar to what you see today, although

0:57:29.080 --> 0:57:31.520
<v Speaker 1>today it's much more of a sophisticated layout than it

0:57:31.560 --> 0:57:33.760
<v Speaker 1>was back in the day. But this was sort of

0:57:33.800 --> 0:57:37.520
<v Speaker 1>taking taking a queue off those old online service providers

0:57:37.560 --> 0:57:41.000
<v Speaker 1>which had this curated content that everyone likes so much.

0:57:41.560 --> 0:57:45.640
<v Speaker 1>So that's when we see uh, Prodigy sort of start

0:57:45.680 --> 0:57:48.480
<v Speaker 1>to fade away, and in fact, SPC stopped allowing new

0:57:48.520 --> 0:57:51.400
<v Speaker 1>Prodigy accounts in two thousand two. They did let people

0:57:51.400 --> 0:57:55.600
<v Speaker 1>who were hardcore fans of Prodigy retain their Prodigy dot

0:57:55.600 --> 0:57:59.400
<v Speaker 1>Net email addresses, which people still retain today. Yeah. Yeah,

0:57:59.440 --> 0:58:01.120
<v Speaker 1>It's one of those things where it's almost like a

0:58:01.120 --> 0:58:04.520
<v Speaker 1>badge of honor. It's like I was there a concert

0:58:04.520 --> 0:58:08.080
<v Speaker 1>t shirt? Yeah yeah, yeah. But eventually it would get

0:58:08.120 --> 0:58:09.600
<v Speaker 1>to a point where if you were to try to

0:58:09.720 --> 0:58:13.280
<v Speaker 1>go to prodg dot net, it would lead to uh

0:58:13.320 --> 0:58:17.240
<v Speaker 1>my A T A T T dot net page until

0:58:17.400 --> 0:58:19.560
<v Speaker 1>around two thousand nine, and after that you'd just get

0:58:19.560 --> 0:58:21.640
<v Speaker 1>an error. Yeah. So now these days, if you go

0:58:21.680 --> 0:58:24.400
<v Speaker 1>to project dotnet, at least as of the recording of

0:58:24.400 --> 0:58:26.360
<v Speaker 1>this podcast, if you go to prodect dot net, you

0:58:26.360 --> 0:58:28.520
<v Speaker 1>get an error message. By the time this comes out,

0:58:28.600 --> 0:58:31.600
<v Speaker 1>maybe they've actually figured out some way of resuscitating the brand.

0:58:32.160 --> 0:58:36.560
<v Speaker 1>So really a few years later it becomes rumor, uh

0:58:36.600 --> 0:58:39.760
<v Speaker 1>that that SPC was looking at actually selling the brand

0:58:39.840 --> 0:58:42.760
<v Speaker 1>name Prodigy to someone else who would want to whoever

0:58:42.760 --> 0:58:44.760
<v Speaker 1>would want to use it. Right around two thousand five,

0:58:44.760 --> 0:58:47.400
<v Speaker 1>there is a big push um they were. There were

0:58:47.400 --> 0:58:49.840
<v Speaker 1>a lot of rumors floating around that they were trying. Yeah,

0:58:50.120 --> 0:58:52.439
<v Speaker 1>but no one. No one's purchased it. Now we will

0:58:52.480 --> 0:58:55.320
<v Speaker 1>say that prod Internet still is a thing. There is

0:58:55.360 --> 0:58:57.760
<v Speaker 1>a prod Internet. It is in Mexico, and it's the

0:58:57.840 --> 0:59:00.560
<v Speaker 1>largest I s P in Mexico. So it's not that

0:59:00.680 --> 0:59:03.360
<v Speaker 1>Prodigy has completely disappeared. But in the United States it's

0:59:03.360 --> 0:59:06.280
<v Speaker 1>pretty much a non factor these days. UM. So let's

0:59:06.280 --> 0:59:08.000
<v Speaker 1>talk a little bit about some of the services they

0:59:08.000 --> 0:59:10.640
<v Speaker 1>would provide. We've mentioned a few of them already in

0:59:10.680 --> 0:59:13.080
<v Speaker 1>that this this idea of curated content, we talked about

0:59:13.080 --> 0:59:16.160
<v Speaker 1>the bulletin boards. Um. Also, early on they did not

0:59:16.200 --> 0:59:19.440
<v Speaker 1>allow ful downloads. It was really the idea was that

0:59:19.480 --> 0:59:24.400
<v Speaker 1>you were consuming content but not producing it or sharing it. Yeah,

0:59:24.440 --> 0:59:28.080
<v Speaker 1>but but later they would allow file downloads, although they

0:59:28.120 --> 0:59:30.680
<v Speaker 1>would look at those as well to make sure that

0:59:30.720 --> 0:59:33.920
<v Speaker 1>they've met the standards that they had set for everywhere

0:59:33.920 --> 0:59:37.600
<v Speaker 1>else on Prodigy. Uh An electronic mail. Back in ninety one,

0:59:37.640 --> 0:59:41.880
<v Speaker 1>we talked about how UH they ended up seeing a

0:59:41.960 --> 0:59:46.680
<v Speaker 1>big surge in electronic mail use because the censorship boards,

0:59:47.160 --> 0:59:49.840
<v Speaker 1>and so in response, what did they do? They decided

0:59:49.920 --> 0:59:52.640
<v Speaker 1>that well, you know this huge amount of electronic mail

0:59:52.760 --> 0:59:57.880
<v Speaker 1>is putting a taxation upon our our transaction fees with

0:59:57.920 --> 1:00:00.920
<v Speaker 1>the telephone company. So let's pass that along to the consumer.

1:00:01.640 --> 1:00:04.680
<v Speaker 1>Every month, you'll get thirty messages for free, and if

1:00:04.680 --> 1:00:06.280
<v Speaker 1>you want to send more than that, you need to

1:00:06.360 --> 1:00:10.120
<v Speaker 1>spend money. It costs money to have more than thirty

1:00:10.120 --> 1:00:12.680
<v Speaker 1>messages in a month. And so that was sort of

1:00:12.680 --> 1:00:15.200
<v Speaker 1>the response to this surge and email use. And again

1:00:15.200 --> 1:00:17.720
<v Speaker 1>that did not make users happy because first they since

1:00:17.720 --> 1:00:21.200
<v Speaker 1>censored the bulletin boards and other messaging systems, and then

1:00:21.200 --> 1:00:24.800
<v Speaker 1>they made it harder to send email. Yes, that that

1:00:25.240 --> 1:00:27.520
<v Speaker 1>some people would argue. That ended up being a major

1:00:27.600 --> 1:00:31.280
<v Speaker 1>reason why Prodigy ended up failing was because they had

1:00:31.320 --> 1:00:36.880
<v Speaker 1>a lot of consumer unfriendly practices. Even though their original model,

1:00:37.320 --> 1:00:39.320
<v Speaker 1>this idea of a flat fee and you get access

1:00:39.320 --> 1:00:42.520
<v Speaker 1>to almost everything was very attractive, the way that they

1:00:42.600 --> 1:00:47.520
<v Speaker 1>were creating policies was so against what the average consumer

1:00:47.600 --> 1:00:50.760
<v Speaker 1>wanted that it ended up making it ended up alienating

1:00:50.760 --> 1:00:55.320
<v Speaker 1>their their customer base. So then you get to UH

1:00:55.400 --> 1:00:58.720
<v Speaker 1>the news again, the curated news. You get to travel.

1:00:58.760 --> 1:01:01.919
<v Speaker 1>You can make travel arrangements on Prodigy UH. They had

1:01:02.120 --> 1:01:06.440
<v Speaker 1>specific partnership with American Airlines so you could make a

1:01:06.560 --> 1:01:10.680
<v Speaker 1>reservation on American Airlines through Prodigy. This again before the Internet,

1:01:10.720 --> 1:01:13.160
<v Speaker 1>this or before we had access to the internet. This

1:01:13.520 --> 1:01:15.440
<v Speaker 1>online service provider stuff. That's not like you could just

1:01:15.480 --> 1:01:18.040
<v Speaker 1>go to American Airlines dot com and do whatever you

1:01:18.080 --> 1:01:21.880
<v Speaker 1>want to do. This this precedes that Trivelocity did not exist.

1:01:22.040 --> 1:01:23.880
<v Speaker 1>They could also you could also make hotel and car

1:01:24.000 --> 1:01:27.320
<v Speaker 1>rental reservations through that same system. Although keep in mind

1:01:27.360 --> 1:01:30.520
<v Speaker 1>again this is through partnerships that they Prodigy had made

1:01:30.520 --> 1:01:33.520
<v Speaker 1>with specific companies. It's not like you had access to everybody,

1:01:33.600 --> 1:01:35.479
<v Speaker 1>all right, right, you wrote in your in your notes

1:01:35.560 --> 1:01:37.160
<v Speaker 1>that it was like going to a mall, Like, not

1:01:37.240 --> 1:01:39.959
<v Speaker 1>every mall is going to have the stories that you want.

1:01:40.000 --> 1:01:42.480
<v Speaker 1>It's going to be you know whatever, Yeah, exactly, Yeah,

1:01:42.480 --> 1:01:44.520
<v Speaker 1>so you knows just what you deal with exactly right.

1:01:44.560 --> 1:01:46.320
<v Speaker 1>If if that store wasn't in that mall, you had

1:01:46.360 --> 1:01:47.760
<v Speaker 1>to go to a different mall, well, the same sort

1:01:47.760 --> 1:01:50.000
<v Speaker 1>of thing. If if you could not get access to

1:01:50.080 --> 1:01:54.040
<v Speaker 1>a particular vendor through Prodigy, then that meant that, well,

1:01:54.320 --> 1:01:57.320
<v Speaker 1>you have the wrong online service provider for your needs.

1:01:57.680 --> 1:02:00.720
<v Speaker 1>The same same thing applies to the shopping obvious Sears

1:02:00.760 --> 1:02:06.640
<v Speaker 1>clearly being a founding partner Sears Merchandise had heavy representation

1:02:07.000 --> 1:02:10.920
<v Speaker 1>in online shopping on Prodigy and around were more than

1:02:10.960 --> 1:02:15.919
<v Speaker 1>forty other direct mail marketing kind of vendors, like any

1:02:15.960 --> 1:02:19.960
<v Speaker 1>company that would there are other places that had large catalog. Yeah,

1:02:20.040 --> 1:02:22.200
<v Speaker 1>that whole, the whole, like we will mail you our stuff.

1:02:22.240 --> 1:02:24.480
<v Speaker 1>Because this is still you know, this isn't a time

1:02:24.480 --> 1:02:27.840
<v Speaker 1>where this that was not the most common method of

1:02:27.920 --> 1:02:31.560
<v Speaker 1>delivering stuff, right, Usually you would have this retail experience

1:02:31.560 --> 1:02:34.360
<v Speaker 1>where we go into a store, so direct to customer

1:02:34.480 --> 1:02:38.160
<v Speaker 1>was something that only a few vendors offered at that point.

1:02:38.840 --> 1:02:42.200
<v Speaker 1>You could also do banking. The banking was through New

1:02:42.280 --> 1:02:46.120
<v Speaker 1>York's manufacturers Hanover Trust Bank, so if you weren't with

1:02:46.160 --> 1:02:49.680
<v Speaker 1>that one too bad. And stocks yep yep. That was

1:02:49.720 --> 1:02:53.320
<v Speaker 1>through Donaldson, Lufkin Engine Rhett, which is a Wall Street

1:02:53.320 --> 1:02:56.440
<v Speaker 1>company that would handle the stock purchases, so you could

1:02:56.480 --> 1:02:59.760
<v Speaker 1>become a day trader if you wanted to. Early early on,

1:02:59.800 --> 1:03:02.840
<v Speaker 1>they did groceries, They did online groceries, but I think

1:03:02.880 --> 1:03:08.240
<v Speaker 1>that the price and availability of service was just so yeah,

1:03:08.240 --> 1:03:11.240
<v Speaker 1>there was very low adoption and also it just costs

1:03:11.240 --> 1:03:13.200
<v Speaker 1>a lot of money to run that kind of operation. Now,

1:03:13.200 --> 1:03:16.200
<v Speaker 1>I will say I never used Prodigies grocery shopping service,

1:03:16.280 --> 1:03:18.880
<v Speaker 1>but I've used other online grocery shopping services back when

1:03:18.880 --> 1:03:21.520
<v Speaker 1>they were more common, like web van would be the

1:03:21.640 --> 1:03:23.600
<v Speaker 1>I think that's even Webvan was the one I used,

1:03:24.320 --> 1:03:26.680
<v Speaker 1>and I loved it, but it again was one of

1:03:26.680 --> 1:03:29.560
<v Speaker 1>those things where I just could imagine exactly it had

1:03:29.600 --> 1:03:33.280
<v Speaker 1>to be phenomenally expensive to operate, and unless you have

1:03:33.560 --> 1:03:35.960
<v Speaker 1>a huge customer base right out of the gate, you're

1:03:35.960 --> 1:03:39.400
<v Speaker 1>going to be operating at a loss for several years,

1:03:39.480 --> 1:03:42.400
<v Speaker 1>kind of like Prodigy. And then later on when it

1:03:42.440 --> 1:03:45.760
<v Speaker 1>became when it started to do the prodec internet services,

1:03:46.040 --> 1:03:49.880
<v Speaker 1>it began to offer things like curated content online, so

1:03:49.920 --> 1:03:51.760
<v Speaker 1>you would go to your little online portal and that's

1:03:51.760 --> 1:03:54.760
<v Speaker 1>where you'd see things like sports, business news, world news,

1:03:54.800 --> 1:03:57.320
<v Speaker 1>that kind of stuff, kind of like, yeah, who does um.

1:03:57.400 --> 1:03:59.880
<v Speaker 1>They also did have have news writers. They have they

1:04:00.280 --> 1:04:03.840
<v Speaker 1>had an editorial team, the dedicated editorial staff that worked

1:04:03.840 --> 1:04:06.280
<v Speaker 1>out a White Plains, New York. So they had editors

1:04:06.320 --> 1:04:11.920
<v Speaker 1>and writers working specifically to write content just for Prodigy users.

1:04:11.920 --> 1:04:14.360
<v Speaker 1>So it's the same sort of stories you would see

1:04:14.400 --> 1:04:16.440
<v Speaker 1>in other sources, like if you were to get a newspaper,

1:04:16.480 --> 1:04:19.960
<v Speaker 1>but it was written specifically for the prog Yeah. And

1:04:19.960 --> 1:04:23.240
<v Speaker 1>then they also had instant messaging, like they said, they

1:04:23.280 --> 1:04:25.560
<v Speaker 1>had chat rooms for a little while, and then they

1:04:25.680 --> 1:04:29.120
<v Speaker 1>had things like financial tools like portfolio management and personal

1:04:29.160 --> 1:04:32.720
<v Speaker 1>finance tracking, so you could follow how your your finances

1:04:32.760 --> 1:04:35.920
<v Speaker 1>were doing over time. Like when you see all your

1:04:35.960 --> 1:04:39.080
<v Speaker 1>dot com stocks on like a meteoric rise and you think,

1:04:39.120 --> 1:04:40.960
<v Speaker 1>I am going to be in the world's next multi

1:04:41.000 --> 1:04:45.480
<v Speaker 1>billionaire and two thousand one, when you think where where's

1:04:45.520 --> 1:04:49.959
<v Speaker 1>my change? Jar? I want to go to McDonald's. Yeah, yeah,

1:04:50.160 --> 1:04:52.680
<v Speaker 1>they I you know, I do think that in a

1:04:52.760 --> 1:04:55.160
<v Speaker 1>lot of ways it was ahead of its time. I

1:04:55.440 --> 1:04:58.640
<v Speaker 1>think that if Prodigy had come out in that wave

1:04:58.840 --> 1:05:02.080
<v Speaker 1>that A. O. L did just a couple of years later, um,

1:05:02.120 --> 1:05:04.720
<v Speaker 1>that the technology would have been such that they would

1:05:04.760 --> 1:05:07.640
<v Speaker 1>have had greater adoption. But but some of those I mean,

1:05:07.680 --> 1:05:10.320
<v Speaker 1>I hate to use the word draconian for an Internet

1:05:10.360 --> 1:05:13.680
<v Speaker 1>service provider, but who but who reads their bulletin board

1:05:13.720 --> 1:05:18.040
<v Speaker 1>content and make sure that I mean that's that's right. Yeah, Yeah,

1:05:18.080 --> 1:05:21.720
<v Speaker 1>I would say that those decisions were what stood in

1:05:21.800 --> 1:05:26.520
<v Speaker 1>Prodigies away from becoming like the dominant osp was that

1:05:26.600 --> 1:05:29.000
<v Speaker 1>it wasn't that the service they provided was bad. A

1:05:29.000 --> 1:05:32.240
<v Speaker 1>lot of it was good, but they were not prepared

1:05:32.560 --> 1:05:36.400
<v Speaker 1>for the initial costs that they incurred as they began um.

1:05:36.440 --> 1:05:38.400
<v Speaker 1>They weren't prepared to endure that for as long as

1:05:38.440 --> 1:05:40.760
<v Speaker 1>it was necessary for them to build up the customer base.

1:05:41.040 --> 1:05:44.560
<v Speaker 1>They made decisions that upset customers, including not just the

1:05:45.560 --> 1:05:47.560
<v Speaker 1>censorship or however you want a word it, not just

1:05:47.640 --> 1:05:50.640
<v Speaker 1>that policy, and not just the policy of charging more

1:05:50.640 --> 1:05:53.000
<v Speaker 1>for email, but they started to do surcharges on other

1:05:53.240 --> 1:05:56.400
<v Speaker 1>features as well. So not all features were not free

1:05:56.560 --> 1:05:59.240
<v Speaker 1>but free with with subscription, right, Not all of them

1:05:59.240 --> 1:06:00.919
<v Speaker 1>were free with subscrib and some of them you would

1:06:01.000 --> 1:06:03.480
<v Speaker 1>have to pay on top of your subscription fee. And

1:06:03.520 --> 1:06:05.760
<v Speaker 1>these were things where people were saying, well, yeah, you

1:06:05.760 --> 1:06:09.160
<v Speaker 1>you build this as I pay one monthly fee and

1:06:09.160 --> 1:06:11.000
<v Speaker 1>then I have access to all these amazing things. But

1:06:11.040 --> 1:06:13.360
<v Speaker 1>in truth, I pay one monthly fee and then I

1:06:13.360 --> 1:06:16.200
<v Speaker 1>have the opportunity to buy more stuff all of these

1:06:16.200 --> 1:06:20.280
<v Speaker 1>services that I kind of want to use. And so

1:06:20.400 --> 1:06:22.880
<v Speaker 1>it may very well be that their business plan, perhaps

1:06:22.960 --> 1:06:25.720
<v Speaker 1>they had just priced themselves too low at the very beginning,

1:06:25.760 --> 1:06:27.640
<v Speaker 1>and they maybe if they had gone with a slightly

1:06:27.720 --> 1:06:30.760
<v Speaker 1>higher subscription fee at the very beginning. Uh, it could

1:06:30.760 --> 1:06:32.920
<v Speaker 1>have offset some of the costs they incurred when they

1:06:32.920 --> 1:06:35.400
<v Speaker 1>started offering up these services. And maybe then they could

1:06:35.440 --> 1:06:39.320
<v Speaker 1>have kept those services free with the subscription, and then

1:06:39.360 --> 1:06:42.000
<v Speaker 1>they might it might be a totally different story today.

1:06:42.120 --> 1:06:44.960
<v Speaker 1>Maybe today we wouldn't be talking about A O. L.

1:06:45.360 --> 1:06:47.640
<v Speaker 1>You know, like we wouldn't say that A O. L

1:06:47.880 --> 1:06:50.320
<v Speaker 1>was had become the you know this this name that

1:06:50.360 --> 1:06:52.960
<v Speaker 1>we still know. Maybe we'd be talking about Prodigy. Maybe

1:06:53.000 --> 1:06:55.240
<v Speaker 1>all of us would be talking about how many c

1:06:55.440 --> 1:06:58.080
<v Speaker 1>D s we have that we accumulated over the years

1:06:58.160 --> 1:07:01.600
<v Speaker 1>as Prodigy, c D after c D after CE of

1:07:01.600 --> 1:07:04.080
<v Speaker 1>of the basic kits so as you can install it. Yeah.

1:07:04.120 --> 1:07:06.640
<v Speaker 1>An analysts named Richard Adler I found this quote and

1:07:06.760 --> 1:07:10.080
<v Speaker 1>I believe in New York Times piece from said, somebody

1:07:10.160 --> 1:07:11.480
<v Speaker 1>is going to make a lot of money in this

1:07:11.520 --> 1:07:13.880
<v Speaker 1>business someday. I just don't know if it's going to

1:07:13.920 --> 1:07:17.000
<v Speaker 1>be Prodigy. Yeah, and he was right. Some lots of

1:07:17.000 --> 1:07:19.040
<v Speaker 1>people made lots of money in this It's just that

1:07:19.520 --> 1:07:22.120
<v Speaker 1>this was this was unfortunately not the story for that,

1:07:22.680 --> 1:07:24.840
<v Speaker 1>but I thought was an interesting one. Lauren and I

1:07:24.880 --> 1:07:28.160
<v Speaker 1>both used Prodigy, so we're both Prodigy kids. Uh, we're

1:07:28.160 --> 1:07:31.160
<v Speaker 1>both Prodigies. Really we don't want to tut our own

1:07:31.160 --> 1:07:33.560
<v Speaker 1>horn or anything. It's just true. Uh. So you know,

1:07:33.680 --> 1:07:37.080
<v Speaker 1>no false modesty on this show at any rate. Uh.

1:07:37.120 --> 1:07:39.040
<v Speaker 1>It's an interesting story. And like I said, we'll probably

1:07:39.040 --> 1:07:41.560
<v Speaker 1>talk about other ones in the future. Maybe we'll have

1:07:41.600 --> 1:07:43.680
<v Speaker 1>an episode where we talk about copy Server, or maybe

1:07:43.720 --> 1:07:47.760
<v Speaker 1>one about mind Spring. U. These are other interesting internet

1:07:47.760 --> 1:07:50.680
<v Speaker 1>companies and kind of see what formed the basis of

1:07:50.720 --> 1:07:53.760
<v Speaker 1>how we think of the Internet today and which ones

1:07:53.840 --> 1:07:56.840
<v Speaker 1>are still around and which ones are just a name

1:07:57.120 --> 1:08:00.240
<v Speaker 1>that we associate with in history. Yeah, Times gun By

1:08:00.280 --> 1:08:02.280
<v Speaker 1>Stuff you missed in history class would probably cover these

1:08:02.320 --> 1:08:05.440
<v Speaker 1>two if they looked at more recent history. There's not

1:08:05.480 --> 1:08:07.560
<v Speaker 1>a whole lot of online service providers in the days

1:08:07.560 --> 1:08:09.720
<v Speaker 1>of the Vikings. All right, guys, So that wraps up

1:08:09.760 --> 1:08:12.600
<v Speaker 1>this discussion. If you would like to chime in, maybe

1:08:12.640 --> 1:08:14.920
<v Speaker 1>tell us about your experiences if you were someone who

1:08:15.000 --> 1:08:17.759
<v Speaker 1>used online service providers, let's know whether it was Prodigy

1:08:17.880 --> 1:08:21.040
<v Speaker 1>or something else. UM, if you have your own like Prodigy,

1:08:21.080 --> 1:08:23.559
<v Speaker 1>horror story or success story, want to hear that too,

1:08:24.600 --> 1:08:27.080
<v Speaker 1>like Vikings. If you like Vikings, Stuff you Missed in

1:08:27.120 --> 1:08:29.720
<v Speaker 1>History class is a great podcast you should listen to.

1:08:30.240 --> 1:08:32.400
<v Speaker 1>UM Also, I've got a great Viking story. I'll tell

1:08:32.400 --> 1:08:34.960
<v Speaker 1>it to you sometime. If you have any suggestions for

1:08:35.040 --> 1:08:37.800
<v Speaker 1>future episode, let's know, you can drop us an email,

1:08:37.800 --> 1:08:40.679
<v Speaker 1>our addresses tech stuff at Discovery dot com, or let's

1:08:40.680 --> 1:08:44.160
<v Speaker 1>know on Facebook, Board, Twitter or Tumbler. You can find

1:08:44.200 --> 1:08:46.839
<v Speaker 1>or handle it all three of those text stuff hs

1:08:47.120 --> 1:08:49.360
<v Speaker 1>W and Lauren and I will talk to you again. Really,

1:08:49.360 --> 1:08:54.599
<v Speaker 1>sim for more on this and thousands of other topics.

1:08:54.720 --> 1:09:00.000
<v Speaker 1>Does it has to works dot Com