uWink Inc. (UWKI)

[Rawnoc]

"In 1981 Bushnell turned day-to-day food operations of Chuck E Cheese’s to a newly-hired restaurant executive and focused on Catalyst Technologies."

"Nolan tried to step back in, blaming the money problems on over expansion and saturation in local markets by the management team. He resigned in February of 1984, when his attempt was rebuffed by the Board of Directors. Chuck E. Cheese's Pizza Time Theaters (now named after its famous mouse mascot) entered bankruptcy in the fall of 1984."

http://www.answers.com/topic/nolan-bushnell


Rational enough? It went bankrupt 3 years AFTER he was no longer in charge, and he tried to come back and save it.