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This...is not a very good article. What's the thesis? Steve Jobs was not a showman, but a frugal leader, but actually it was the team that he hired early on bac
by adpirz 11y ago
This...is not a very good article. What's the thesis? Steve Jobs was not a showman, but a frugal leader, but actually it was the team that he hired early on back in the old days, which by the way, it was much easier to build a company back then, except starting a company, which is easier today, which brings us all back to the point that Steve Jobs knew he had a meticulous operating machine.
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- melling 11y agoI didn't realize Steve Jobs did all the hiring, ran the company, the Apple II team, etc. What was Woz doing? Mike Markkula? I thought Jobs was more interested in projects, like the Lisa, for example.
- acqq 11y ago> What's the thesis? That the context matters, maybe? Like the detail that I was not aware of: "Apple became a public company in a month when the prime rate stood at 21.5 per cent (yes, the decimal point is in the correct position) and the capital markets were bruising." 1979 and 1980 were really interesting years: http://www.fedprimerate.com/wall_street_journal_prime_rate_history.htm http://www.fedprimerate.com/wall_street_journal_prime_rate_h... The current U.S. prime rate is 3.5 per cent. In this context "It did this (IPO) in a market cluttered with dozens of companies making personal computers and with a payroll of about 1,000 — almost half of whom, believe it or not, were engaged in manufacturing. Apple’s initial public offering, which raised $90m, valued the company at about $1.2bn."