Tag: risk

Forty years ago on April 1^st (April Fool’s Day), 1976, Apple was born. Most people know about the founders, the two Steves (Jobs and Wozniak), but few know about Ron. Ronald Wayne was the third partner who designed the company’s logo, drafted the company’s original partnership agreement and wrote the Apple 1 computer user’s manual.

But after two weeks, he was done. April 12^th he sold his stake for $800. If he’d kept his 10 percent stake it would be worth $63 billion.

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