Chapter
Ron Wayne's Big Mistake
05:21 - 10:02 (04:41)
Ron Wayne, one of the original founders of Apple, sold off a 10% stake in the company 12 days after establishing the contract for just $2,300, and missed out on billions of dollars in profits as Apple continued to grow and expand.
Clips
This podcast episode discusses the early days of Apple, going back to 1976 when Steve Jobs and Steve Wozniak were just young guys in their 20s, and how they brought in Ron Wayne for "adult supervision."
05:21 - 07:17 (01:56)
Summary
This podcast episode discusses the early days of Apple, going back to 1976 when Steve Jobs and Steve Wozniak were just young guys in their 20s, and how they brought in Ron Wayne for "adult supervision."
ChapterRon Wayne's Big Mistake
EpisodeSelects: 10ish Cases of Really Bad Luck
PodcastStuff You Should Know
Ron Wayne, an early member of Apple, drafted the company's first contract and created the initial Apple logo of Isaac Newton under an apple tree.
07:17 - 08:26 (01:09)
Summary
Ron Wayne, an early member of Apple, drafted the company's first contract and created the initial Apple logo of Isaac Newton under an apple tree. However, he left the company shortly after due to concerns over the work environment and Steve Jobs' drug use.
ChapterRon Wayne's Big Mistake
EpisodeSelects: 10ish Cases of Really Bad Luck
PodcastStuff You Should Know
Ron Wayne, a co-founder of Apple, sold his 10% stake in the company for $2300 just 12 days after establishing a contract because he considered himself an adult and needed the money at the time, allowing him to miss out on the company's massive success.
08:26 - 10:02 (01:35)
Summary
Ron Wayne, a co-founder of Apple, sold his 10% stake in the company for $2300 just 12 days after establishing a contract because he considered himself an adult and needed the money at the time, allowing him to miss out on the company's massive success.