Irving Gould, who lived from 1919 to 2004, was a Canadian businessman credited with both saving and sinking Commodore. Commodore was originally formed in Canada and produced mechanical typewriters and calculators. In 1965 its founder and chief executive Jack Tramiel decided to buy the Canadian store chain Wilson's Stationers as a sales channel, borrowing three million dollars from Atlantic Acceptance Corporation, which became insolvent within days and called in its loans. Gould is listed as a founder of Commodore International and its main investor and chairman.
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Companies Founded
Source Wikipedia: Commodore International
Companies Led
Source Wikipedia: Commodore International
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Wikipedia: Irving Gould
In Group: Investors and Financiers, Lead sectionQuote, In Group: Investors and Financiers, Lead section
To pay off the bridge loan, Gould purchased 17% of Commodore's stock in 1966 for $400,000.
Wikipedia: Commodore International
- Companies Founded: Commodore International, Infobox founders field
- Companies Led: Commodore International, Infobox key people: Jack Tramiel, and Irving Gould as main investor and chairman
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