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Lest we forget... August 6, 1997: In one of the most famous moments in Apple history, Steve Jobs reveals that Microsoft invested $150 million in its rival. ht

• mcphage 5y ago
  I'm not sure what the relevance of this is?
  • wombatmobile 5y ago
    Yeah sorry I didn't explain it. I'm old enough to remember, but perhaps a lot of HN readers aren't. It's just that $15 billion may seem like a lot of money today to most people and even to most corporations, but for Apple and Google, it's a footnote. And yet, at one time in Steve Jobs' second tenure at Apple, just 1% of that quantum was the difference between Apple's survival and Apple's demise. Here's a better telling of the story that provides context https://www.wired.com/2009/08/dayintech-0806/ https://www.wired.com/2009/08/dayintech-0806/ and Walter Isaacson quoting how Jobs told it https://www.forbes.com/sites/ericjackson/2012/03/01/steve-jobs-used-patents-to-get-bill-gates-to-make-1997-investment-in-apple/?sh=53507be50115 https://www.forbes.com/sites/ericjackson/2012/03/01/steve-jo...