Apple’s Forgotten Co-Founder

June 24th, 2010  |  Published in Technology

Ouch:

Eleven days after Apple was formed, [Ron] Wayne removed himself from the company charter. He eventually was given $800 for his stake in Apple, and he let go of that valuable Apple stock, which has exploded in value since.

“I’m living off my Social Security and I do a modest trade in collectors’ stamps and coins,” he said.

Today, that stock would be worth $22 billion.

That’s the kind of mistake I hope I never make.

And this part is priceless:

A retired engineer, who has worked at various companies since his departure, Wayne said he never has owned an Apple product.

“I never had a real use for computers,” he said.

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