Why he sold Apple’s 10% stake for $800 which is more than $80 billion today (Video)

Three co-founders of Apple

There is a third co-founder of Apple named “Ronald G Wayne” who had a 10% stake of the company at the point of starting and he decided to sell his ownership back to the other two shareholders for $800 in 1976. Today 10% stake of Apple is worth more than 80 billion dollars. His reason for selling the stake was that the other two Steve Jobs and Steve Wozniak had zero bank accounts, but Wayne had bank accounts, a car […]

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