That's a good find, but when I think about that quote with technology adoption, I remember Joe Kraus's great "Confessions of a Startup Addict" from Startup School, where he said "Being early feels the same as being wrong -- you're dead!"
Case in point: A whole generation of tablets were born and died around '99-2003 (I worked on one through '99). In retrospect it is easy to see why they were too early, but working on one it was easy to be seduced by the idea and not see how badly the limitations imposed by the technology available compromised the end-result.
Sometimes, you have the right idea, but the world isn't ready for it, yet. Appears to be the case for Modu?
edit: found quote reference. [1] Herb Greenberg, 27 Apr 1986, Chicago Tribune. <http://articles.chicagotribune.com/1986-04-27/business/86013...