Proof You Can't Kill a Good Idea?
One of the great failed entrepreneurial ventures of the last 30 years—the DeLorean—is poised to make a comeback. So reports the Associated Press (link.)
An entrepreneur named Stephen Wynne is behind the venture, which uses the name DeLorean Motor Co. (John DeLorean reportedly gave Wynne his blessing before he died in 2005.)
The company, which is based in Houston, "hopes to parlay the car's celebrity -- along with the world's biggest stash of DeLorean parts and engines -- into a niche production business that begins hand-making two DeLoreans a month sometime next year," the AP reports.
The price will start at $42,500.
What do you think? Is this long-overdue redemption for a car that, whatever its faults, once captured the imagination? Or is failed product best left in the scrap heap?
Mike Hofman was previously editor of Inc.com and a deputy editor at Inc. magazine, which he joined in 1996. The site was nominated for a National Magazine Award for Digital Media in 2010, and was named the best business website by Folio Magazine. In 2006, Hofman was part of a team of writers nominated for a Webby Award for best business blog. He lives in New York City. @mikehofman
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