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To: Kevmo
Mike Markula bought a sizeable chunk of Apple for $250K.

A sizeable chunk is not the whole thing. Venture capital always take a sizeable chunk. But the owners keep a good chunk. Steve Jobs and Steve Wozniak kept enough to become billionaires. You have to give up equity to raise venture capital. But you don't give up your whole position.

45 posted on 02/01/2014 7:41:37 AM PST by FatherofFive (Islam is evil and must be eradicated)
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To: FatherofFive

That just makes their press release poorly worded, as far as I can tell.


70 posted on 02/01/2014 5:25:04 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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