Chapter
Taking Pixar Public
02:21 - 10:27 (08:05)
Pixar's original plan was to take the company public to raise enough money to negotiate a better deal with Disney as equals and partners. Steve Jobs' hope was to recoup the $50 million he had invested in Pixar, but instead, retaining 80% of the company's shares made him a billionaire.
Clips
Pixar's original goal was to use technology to make a short animated film to support their primary mission of making computer hardware.
02:21 - 05:42 (03:20)
Summary
Pixar's original goal was to use technology to make a short animated film to support their primary mission of making computer hardware. A brilliant animator they hired pushed them to consider making a feature-length 3D animated film which resulted in Toy Story after they secured funding.
ChapterTaking Pixar Public
EpisodeSPECIAL: Steve Jobs (Part 2)
PodcastMy First Million
Steve Jobs decides to take Pixar public as a way to gain leverage in his negotiations with Disney.
05:42 - 08:01 (02:19)
Summary
Steve Jobs decides to take Pixar public as a way to gain leverage in his negotiations with Disney. Despite losing some ownership, the move pays off as the company receives a lot of money and ensures the success of their upcoming movie.
ChapterTaking Pixar Public
EpisodeSPECIAL: Steve Jobs (Part 2)
PodcastMy First Million
After initially hoping to recoup his investment, Steve Jobs saw his 80% ownership of Pixar grow to be worth over $1.2 billion.
08:01 - 10:27 (02:25)
Summary
After initially hoping to recoup his investment, Steve Jobs saw his 80% ownership of Pixar grow to be worth over $1.2 billion. This success secured the future of the company and allowed Steve Jobs to earn majority of his wealth from owning Disney stock through Pixar's sale.