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Showing posts with the label Steve Jobs And Steve Wozniak

You've hear of Steve Jobs (Apple) but have you heard of Ron Wayne?

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Image via CrunchBase Few of you have ever heard of Ron Wayne . A lot of you have used the products that stem from his creation. All of you need to know his story because it’s a warning to all of us. Along with Steve Jobs and Steve Wozniak , Ron Wayne cofounded Apple Computer Inc. on April Fools Day , 1976. Yes, there was a third founder of Apple. But few people know that because just twelve days after he signed the agreement he himself drafted that would have given him 10% ownership of the company, he sold back his shares.  For $800.  If he had stuck it out, today he would be worth around  $22 billion. Instead he now sells stamps out of his home. And plays penny slot machines after midnight. A poster child for what could have been. Ron bailed on Jobs and Wozniak because he wasn’t sure about the future. Jobs spent a lot of money that Ron was going to have to pay the tab for initially. Wozniak was non-committal. And the prospect of starting a computer company just seemed too difficult

You've hear of Steve Jobs (Apple) but have you heard of Ron Wayne?

Image
Image via CrunchBase Few of you have ever heard of Ron Wayne . A lot of you have used the products that stem from his creation. All of you need to know his story because it’s a warning to all of us. Along with Steve Jobs and Steve Wozniak , Ron Wayne cofounded Apple Computer Inc. on April Fools Day , 1976. Yes, there was a third founder of Apple. But few people know that because just twelve days after he signed the agreement he himself drafted that would have given him 10% ownership of the company, he sold back his shares.  For $800.  If he had stuck it out, today he would be worth around  $22 billion. Instead he now sells stamps out of his home. And plays penny slot machines after midnight. A poster child for what could have been. Ron bailed on Jobs and Wozniak because he wasn’t sure about the future. Jobs spent a lot of money that Ron was going to have to pay the tab for initially. Wozniak was non-committal. And the prospect of starting a computer company just seemed too difficult