Segway Glides Towards IPO?  from the chicken-and-egg-problem
dept  The Segway was one of the most hyped products of the last
decade -- getting a ridiculous amount of attention before almost
anyone knew what it was. For months, people guessed about this
mysterious device that would change the way cities were built,
according to some of the early buzz. Of course, with so much
hype, it's no wonder that the actual launch of the device seemed
anti-climatic. While they still get some buzz, that doesn't mean
there's much of a real business there, as evidenced by the
constantly rotating cast of characters who fill the executive
chairs at the company -- each with a different strategy to try
to build more of a business out of the buzz. Apparently, the
latest CEO has his own strategy. theodp writes "Segway's new CEO
tells the AP he was brought in to bring the company to a
liquidity event, which could solve a chicken-and-egg problem:
Segway won't be widely accepted until its price comes down, but
its price can't come dow