He was also pretty bold on pricing, electing to set the initial price off what he predicted eventual costs of production would be. Initially, new products would be sold at a loss.
Perhaps not controversial in the perspective of modern venture-backed startups, but at the time it was a key reason GE won early market share on so many products.
Perhaps not controversial in the perspective of modern venture-backed startups, but at the time it was a key reason GE won early market share on so many products.