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He got 30% for $1.1M adjusted to today's money and became employee no. 3. Woz credits him as being more important than himself to Apple's success. So, you could
by i_have_an_idea 6y ago
He got 30% for $1.1M adjusted to today's money and became employee no. 3. Woz credits him as being more important than himself to Apple's success. So, you could make the argument he was closer to a co-founder than just an investor.
In contrast, YC wants 7% for $125k, and you get a few talks, some introductions and "office hours" meetings.
It's an apples to oranges comparison.
- brudgers 6y agoYou could make such an argument, it's the internet after all, but the third founder of Apple was Wayne.