A closer look
You can build a multi-billion dollar tech empire that dominates the 1980s word-processing market, but you can't out-engineer your own hubris. An Wang held the core memory patents that made modern computing possible and successfully rivaled IBM. But rather than handing his thriving company over to competent executives, Wang forced his drastically underqualified son onto the board as his successor. The market lost all faith, the stock tanked, and the entire empire completely evaporated, proving that blind nepotism destroys tech startups faster than bad code.
