The New York Times had an article about the demise of Comdex which at one time was the biggest computer show and maybe the biggest of any trade show. Atlanta hosted one session of it for a number of years (the other yearly session was in Las Vegas) and it was easy enough getting free registration so I would go and spend part of a day there. Our office only had a handful of PC’s at the time and there was always a desire to see what wonderful things computers were going to bring us next (it was rarely that impressive though). It left Atlanta after it had the misfortune of occurring on the same weekend as Freaknik (thus Comdex became Geeknik) and I stopped going. After I stopped going Comdex went downhill.
Here’s the amazing part. The guy who started Comdex (short for Computer Dealers Exposition) sold the rights to having the show for $860 million to a Japanese company in 1995. They then merged it in with a publishing company they owned, Ziff Davis, spun it off with an IPO and it went bankrupt. Business failures can be every bit as spectacular as bridge failures. In less than 10 years just the idea for the convention went from being worth $860 million to nothing.
I’m attaching the article . . .
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