Dozens of PC makers have come to display their amateurish wares. It's a classic hobby market, all body odor and buzz. He goes on to create the PC boom. The next year IBM validates PCs by entering the market. Compaq soars to a billion dollars in sales, faster than any other company in history.
Venture capital pours in.
A company called Eagle Computer goes public, and its founder cracks open the bubbly, gets pleasantly drunk and takes his Ferrari out for a romp. He guns the Ferrari and goes over a guardrail, killing himself. Also drunk is the venture capital industry. Skeptics said in 1983 that there would be hell to pay. When the capital bust finally arrived in 1985, there was a sudden universal loathing of PCs.