Comment by acomjean

10 hours ago

Sad.

Early employee at Apple who was offered to be paid in stock. He “held out for the cash”.

I really like the triumph of the nerds series. Getting bill Gates, Balmer, Jobs and those IBMers to explain how it all came together and how MS who didn’t have an OS ended up getting one to sell to IBM.

The transcripts are a good

https://www.pbs.org/nerds/transcript.html

8 comments

acomjean

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xhkkffbf  9 hours ago

He traded early Apple stock for cash? Oh, there aren't many acts so foolish in hindsight.

  • acomjean  7 hours ago

    Offered to be paid with stock, took the cash. As someone who’s first startup is no long in business, and having cash in hand is appealing..

    But yeah..

    “well for a short time I was an employee of Apple Computer, employee number 12 and one day I helped move materials out of this garage. At the time Steve Jobs said that the company was short of loot so he offered to pay me in company shares, but I held out for the money - my mother still reminds me of that incident.”