Inspired by: The Ballad of Judas Priest and Frankie Lee
In the 1980s, Jon Fall swallowed his pride and visited his best friend, Reggie Seward, at his office building in downtown Beacon.
“Jonny, what can I do for you today?” Reggie asked, excited to see his friend waiting for him in his office.
“I’m in a bit of a bind,” Jon said softly, embarrassed to admit he needs help.
“What’s wrong?” Reggie straightened up, realizing this was a business meeting.
“I’m in massive debt. I’ve lost all of my investors. I need some help.”
“Well, tell me what’s the problem and let me see what I can do. What are you trying to do with your business?”
“You know, I’m trying to go to the moon.”
“I know you want to go to space, but what’s the business?”
“The moon is the business.”
“How do you make money going to the moon?”
“I’ll be the first man in space. The first man to step on the surface of the moon.”
“I get that, it sounds expensive. How do you monetize it.”
Jon thought for a moment. He searched his mind for any money-making possibilities. “We’ll need lots of computers and technical components.”
“Yes, that’s why it sounds expensive. These things are going to be so heavy it will be impossible to get into space.”
“What if we miniaturize the components. We could make the computers so small they could fit in your hand.”
“Okay, now we’re onto something. Do you think we could get anyone to buy mini-computers?”
“What if it was a phone too? Like a computer phone.”
“May as well throw a camera in there while we’re at it!”
“Yes! Everyone will want one.”
“This I’ll invest in!”
“I don’t see why I can’t figure it out after I go to the moon.”
Reggie sighed, “Okay, how much do you need to develop your rocket and the tech?”
“Probably a few hundred million.”
“You’re my best friend, Jon. Let me just say that outright. Your father was an astronaut and a hero. But that doesn’t mean you have to follow him to the grave. Forget about space and work on miniaturization. That’s the business!”
Reggie and Jon shook on the deal, but no contract was ever signed. Jon Fall failed to develop a rocket or miniaturized technology to sell the world. Reggie lost billions of dollars.
Jon recognized his failure, and with $5,000,000 left from Reggie’s investment, he started a new company.
As the men predicted home computers took off, even if they never shrank small enough to fit in someone’s hand. Jon seized the nascent internet building, the largest online store. They sold anything from toothpicks to a life-sized model whale skeleton.
At this point, the tables turned. Reggie was broke from the business deal, he was expelled from his company and became an alcoholic gambler. Shortly after being shot through the chest and barely recovering. Reggie approached Jon Fall for an investment in a new company.
“I want to undo the damage to people’s lungs from smoking. After this treatment, their lungs will be as healthy as the day they were born.”
“That’s a lovely dream, but it sounds impossible.”
“I seem to remember when you had an impossible dream, and I invested in it.”
“Now that I’m in your position, I realize how foolish you were. I’m not willing to risk my empire on your pipedream. Good day.”
Reggie stood there in disbelief. His one-time friend would abandon him so selfishly after he jeopardized his fortune for him so many years ago. He walked out of the office and vowed to succeed despite Jon Fall.