Tag Archives: Ronald Wayne
Former Apple Co-Founder Ronald Wayne Explains Why He Left The Company In 12 Days
Ronald Wayne is an Apple co-founder along with Steve Jobs and Steve Wozniak. However Wayne was known for selling his 10% stake in Apple back for $800 and $1,500 for his agreement to forfeit any claims against Apple. Today a 10% stake in Apple would be worth billions of dollars. However Ronald Wayne is optimistic and believes he did not lose out on billions of dollars. But he did say the experience was “character building.”
(more…)
Categories Ronald Wayne
Leave a comment
Former Apple Co-Founder Ronald Wayne Has A Copy Of Apple’s Founding Documents, Apple I Manual, And Purchase Form For Apple II
Ronald Wayne is the Apple Inc. (NASDAQ:AAPL) co-founder that spent less than a week working there. He gave up his shares for $800 and sold a copy of the founding contract of the company for thousands of dollars. The buyer of the contract sold it at a Sotheby’s auction for $1.6 million. That means that Wayne lost out on the opportunity to make millions, possibly billions of dollars in two separate opportunities. But it turns out that he has some other material that could be worth some money as Engadget discovered.
(more…)
Categories Apple Inc., Ronald Wayne
Leave a comment
Apple Founding Contract Sells For $1.6 Million At Auction
Last month I wrote about how the founding contract of Apple Inc. (NASDAQ:AAPL) was for sale on auction. The contract was signed by Steve Jobs, Steve Wozniak, and Ronald Wayne. Ronald Wayne had a chance to become a partner at Apple in 1976, but ended up selling his 10% stake in the company for $800. Today 10% of Apple would be worth $36.4 billion. In 1994, Ronald Wayne sold the founding contract of Apple for a few thousand dollars. Wade Saadi bought the contract from Wayne and sold it on Sotheby’s this week. The contract ended up selling for $1.6 million even though it was valued at $150,000. [BusinessInsider]
Categories Apple Inc., Ronald Wayne, Steve Jobs, Steve Wozniak
1 Comment
Apple Founding Contract Signed By Jobs, Wozniak, and Wayne Going For Auction Next Month
Apple Inc. (NASDAQ:AAPL) co-founders Steve Jobs, Steve Wozniak, and Ronald Wayne had drafted a three-page contract that established Apple Computer Co. The contract was drafted up and signed on April 1, 1976. This contract will be auctioned in New York next month and is expected to receive bids for as high as $150,000 according to Sotheby’s.
(more…)
Categories Apple Inc., Richard Austin, Ronald Wayne, Sothebys, Steve Jobs, Steve Wozniak
1 Comment