Ralph Roberts knew he was onto something big when people ran after his cable TV trucks in Tupelo, Miss., asking for a visit to their homes.It was 1963. Roberts had been looking for new ventures after selling his belt-and-suspenders company. He bought American Cable Systems for $500,000-an opportunity that had been mentioned to him by a business acquaintance he came across while strolling down a Philadelphia street.
November 18, 2009 at 12:00 AM
1 minute read
Ralph Roberts knew he was onto something big when people ran after his cable TV trucks in Tupelo, Miss., asking for a visit to their homes.
It was 1963. Roberts had been looking for new ventures after selling his belt-and-suspenders company. He bought American Cable Systems for $500,000-an opportunity that had been mentioned to him by a business acquaintance he came across while strolling down a Philadelphia street.
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