OLPC Founder Realizes Verbal Agreements Are Not Equivalent Money

If you were wondering why you’ve been asked to help pick up the tab with the OLPC project, its founder offers a lesson in international business:

“We are making the XO available to U.S. and Canadian consumers as a financing scheme for the developing world, to trigger global demand and government closure,” Negroponte told LAPTOP Magazine. He added, “I have, to some degree, underestimated the difference between shaking the hand of a head of state and having a check written.”

[Laptop Magazine]