Chutzpah: Tech's Biggest Broken Promises

By Cliff Edwards - 2012-03-05T20:01:26Z

Photograph by Andrew Harrer/Bloomberg

Company Symbol % Change
8 of 16

Segway Human Transporter (2002)

Amazon CEO Jeff Bezos suggested that "Ginger" or "IT," as the Segway was code named, would be "one the most famous and anticipated product introductions of all time." Turns out, notorious would have been a better description. The two-wheeled, self-balancing electric vehicle never lived up to its promise of changing how we live and build cities.

Dean Kamen, who invented the Segway, suggested his creation "will be to the car what the car was to the horse and buggy." Few families have been willing to trade in their cars for this personal transporter.

Advertisement