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Today I Learned@lemmy.worldEnglish · 1 year ago

TIL there was a third founder of Apple. He sold his 10% of the company for $800 worried that his assets could be seized by creditors if the company failed

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TIL there was a third founder of Apple. He sold his 10% of the company for $800 worried that his assets could be seized by creditors if the company failed

tst123@lemmy.world to

Today I Learned@lemmy.worldEnglish · 1 year ago

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Apple's Third Co-Founder and the $35 Billion He Left Behind

Three men founded Apple Computer on April 1, 1976. Two of them are known around the world. The third bailed out early and gave up his ten percent stake in Apple for $800 a stake that if he kept it, would be worth $35 billion dollars today. But he insists he has absolutely no regrets. Now, he's telling his story in a new book.

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jayrhacker@kbin.social
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1 year ago
Wow, all that lost because of a lack of understanding of how an LLC works…
- pitninja@lemmy.pit.ninja
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  1 year ago
  AFAIK, LLC’s weren’t really a thing in California in 1976.

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