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To: Hojczyk
Founder Ronald Wayne sold his 10% share for $800 in 1976.

Today it would be worth $58 Billion.

http://en.wikipedia.org/wiki/Ronald_Wayne
6 posted on 08/20/2012 1:51:19 PM PDT by evets (beer)
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To: evets
Founder Ronald Wayne sold his 10% share for $800 in 1976.

Today it would be worth $58 Billion.

http://en.wikipedia.org/wiki/Ronald_Wayne


He seemed to have done well for himself since then, and from the interviews I've seen, he didn't seem too upset.

If anybody is going to be upset over missed financial opportunities, it should be Xerox. Xerox missed out in two ways. In return for giving Apple access to their UI, Xerox was allowed to buy 100,000 shares of pre-IPO Apple stock at a million dollars back in 1978 or 1979. If Xerox hadn't sold that stock fairly early, they'd own around 800,000 shares of Apple stock, around half a billion dollars or so. More importantly, Xerox never really acted upon the UI they developed. They could have been up there with IBM, and Microsoft would probably be just making Office software.
11 posted on 08/20/2012 3:04:44 PM PDT by af_vet_rr
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