"You have a product so revolutionary, you'll have no problem selling it. The question is, are people going to be allowed to use it?"
That's Segway's problem right there. Just because something is revolutionary, doesn't mean it will sell. These business giants made the exact same mistake we all make - assume other people will get as excited as we are.
Although I'm not entirely sure of his conclusion that bike-like styling would be a solution to this problem. Plenty of us get the occasional homophobic insults from jagoff motorists.
On that topic, I think another reason the Segway wasn't very successful is that it has few compelling advantages over a $300 bike-- it has the same speed, has a lower range and is harder to refuel, doesn't fit in that well with existing infrastructure, and doesn't get you exercise. The only upside I can think of is that, because you aren't exercising, you don't sweat (slow down riding your bike or take a shower!) and that it's high-tech.
Jobs said he lived seven minutes from a grocery and wasn't sure he would use Ginger to get there. Bezos agreed.
Are we talking about the Segway, or the iPad?