3 ms·
Rich parents helped in the Microsoft case, but I don't think that was the case for Apple where the parents of both Jobs and Wozniak were middle class.
by UncleOxidant 4y ago
Rich parents helped in the Microsoft case, but I don't think that was the case for Apple where the parents of both Jobs and Wozniak were middle class.
- Centigonal 4y agoApple had Mark Markkula and Don Valentine, now-legendary VCs, investing at or near the company's incorporation (this is 8 months after Jobs and Woz started working together and after they had released the Apple I, funded by Jobs and Woz's personal funds).
- ioblomov 4y agoExactly. But then most of the Valley was founded this way. The historical precedent was set in 1957 by Fairchild Semiconductor, the engineer founders of which went on to found other companies (Intel) or VC firms (Kleiner Perkins). https://en.wikipedia.org/wiki/Fairchild_Semiconductor https://en.wikipedia.org/wiki/Fairchild_Semiconductor Edit: HP started earlier in 1939, but was bootstrapped and didn’t do silicon till much later.