DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
January 18, 2018 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 51 people online.

 

Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
 

Follow us
RSS
 

Third Apple founder has no regrets over selling his stake for $800

Posted on Wednesday, April 21 2010 @ 02:25:31 CEST by


Ronald Wayne, the third founder of Apple, reportedly has no regrets over selling his 10 percent share in the company for just $800 in 1976. Today a 10 percent stake in Apple is worth over $22 billion, but Wayne explains he wanted to get out because the startup was in debt at the time and he couldn't take any more stress.
"If I had stayed I would be incredibly wealthy but I would have wound up the richest man in the cemetery — dying of a heart attack." "The thing that made me pull out was that Jobs had borrowed $15,000 to buy the materials to make computers."

"I was in debt for $1,500 — my ten per cent of that — and I had no idea where I would get that money.

"I had enough stress in my life and I couldn't take any more. I was looking for a quiet life."

The tabloid reports Wayne, 75, who now lives on a small state pension, in a modest home in the retiree town of Pahrump, Nevada, US, had no idea Apple would become such a big company.
More details at ComputerWorld.



 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2017 DM Media Group bvba