Hi trgse, actually it was more complicated. Nolan left VisCorp in early 1995. He was removed by the Chaiman of VisCorp Jerry Greenburg, who was the primary funder of the ED and the initial Founder of VisCorp with Roger Remillard. Nolan filed a lawsuit against the Company because of this. Years later and long after Raquel and I were gone this lawsuit was settled.
If you interested, read
this and then
this and
this.
Carl left after he was paid the last time. We did not blame him. Everyone had been strung out -- us too. We raised these funds through the sale of equity VisCorp had received as a license fee from another company (Digi-something, we cannot remember) who bought and used the ED for hospitals. Originally, the equity in that Company was worth $1,000,000, but we sold it in a pinch for $500,000. We did have ED sales and we did license the technology to others. Anyway, we were all being squeezed by the "investment bankers." In the end, the Chairman went with them, abandoned us and Amiga, and we left. We just wish Carl had done a better job in his famous post lumping us in with the "management."
After the Escom disaster, VisCorp sold Raquel and I all the ED patents and took what was left of the Company and the technology and went into the satellite telephone business. Bob Wussler, the former President of CBS and for ten years the #2 of Ted Turner at CNN became the Chairman of VisCorp. When Iridium busted, VisCorp as a Iridium partner, was fully challenged. After a brief attempt to hitch on to Imarsat, they gave up and folded in late 1999/early 2000.
Want to know anything else? :-)
@tickly Jack Tramiel's son Leonard was interested, but they had the Jaguar at the time and they had their hands full. Believe it or not we even spoke to Irving Gould one night too about the whole situation...he was no longer interested.
Sincerely,
Raquel and Bill
