- The problem with wildly creative ideas is they stand a better than even chance of turning out to be wildly creative failures. Well-intentioned projects become saddled with wildly inflated expenses, wildly underestimated problems, and wildly off-base timetables. In retrospect, such appears to have been the case with Iridium.
- The U.S. Hispanic market has $440 billion in buying power, but only one-third of those consumers has a credit card of any sort, and about one-third does not use banks at all. In other words, it’s the perfect target market for Purchase, N.Y.-based MasterCard International.