Stan Honey French trimaran Groupama 3. As a businessman, he is the father of consumer on-screen navigation, including the automotive navigation systems used around the world, with his company Etak. The initial start-up funding came from Nolan Bushnell, famous for starting Atari and Chuck E. Cheese's Pizza Time Theater. "[Co-founder Stan Honey] was doing military-related research at SRI International in 1983 when he sailed with Pong inventor and Atari founder Nolan Bushnell to victory in a Transpac race aboard 'Charley', Bushnell's new 67ft racing yacht. Bushnell was impressed with Honey's navigational electronics and asked whether he had any other ideas. Honey suggested
Nolan Bushnell During this time Bushnell was using large loans on his Pizza Time stock to fund Catalyst. By the end of 1983, Chuck E. Cheese was having serious financial problems. President and long-time friend Joe Keenan resigned that fall. Nolan tried to step back in, blaming the money problems on over-expansion, too much tweaking of the formula and saturation in local markets by the management team. He resigned in February 1984, when the Board of Directors rejected his proposed changes. Chuck E. Cheese's Pizza Time Theaters (now named after its famous mouse mascot) entered bankruptcy in the fall of 1984. ShowBiz