Pinnacle Micro was started by the Blum family:
William Blum and Nellie Blum, both 59, and their son Scott Blum, 29.
After a 30-year career at mostly big firms in Silicon Valley, William
Blum started the firm in 1987 as a maker of add-on memory boards. Memory
boards made some money, but it did not take Blum long to realize that
the memory was destined to be a commodity. Looking for a less
commodity-like product, the Blums decided to become resellers of Sony's
magneto-optical disk drive. Customers complained that the drive was too
slow and expensive. So the Blums decided to invest in some research and
development on the side, secretly opening a lab in Colorado with the
mission of making a rewritable, high-density drive as fast as a magnetic
hard disk. In 1992, Pinnacle began selling a disk drive with the
capacity, access, and retrieval speed of a hard disk, but the important
difference is that the disk could be plucked out like a floppy.
Pinnacle's current model packs 650 meagabytes of information on a disk.
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