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by gaogao 947 days ago
So sadly can't find a buggy whip magnate on the Ford board, but a fun little gem from Ford's initial bankroller Alexander Y. Malcomson

> In 1905, to hedge his bets, Malcomson formed Aerocar to produce luxury automobiles.[1] However, other board members at Ford became upset, because the Aerocar would compete directly with the Model K.