- VisiCalc was a $100 software sold on a $1000 Apple computer.
It made Apple a serious platform for doing business.
- Dan Bricklin, an MBA student, had an “Aha” moment when he noticed his professor teaching “What-if”.
Every time one or more variables changed, the professor had to erase and write equations.
He felt that the process can be done easily with an interactive electronic spreadsheet.
- Bob Frankston had worked on business oriented programs (e.g. report generators) on the mainframe computers.
- Dan and Bob founded Software Arts to develop VisiCalc.
VisiCalc was challenged by SuperCalc and numerous other programs that offered improvements.
- Ultimately, VisiCalc lost to Lotus 1-2-3 by Mitch Kapor.
- Mitch integrated three functions
(a) Spread sheet
(c) Data Management.
- Lotus was bought by IBM.
Microsoft came up with Office which included Word (for Word Processing) and Excel (for Spreadsheet).