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Possibly not the best example--to my understanding, Jobs sold his car and pre-sold the Apple I to raise cash from day one, and apparently even before that got a
by eschutte2 11y ago
Possibly not the best example--to my understanding, Jobs sold his car and pre-sold the Apple I to raise cash from day one, and apparently even before that got a deal with Atari that he then subcontracted Woz to fulfill. So I don't think Jobs would fail this blog author's test.
Regardless, both of them certainly risked a lot.
- xiaoma 11y agoHe certainly wasn't able to pay what the author considers "a good engineer's salary" or even what HP was paying Woz as an entry level engineer. It was sweat equity—exactly what the author complains about. The same was true of the earliest fb hires who are now fabulously wealthy. It's a common trend in startups.