4 ms·
Well, at least you are not Ron-Wayne.
by dangerboysteve 12y ago
Well, at least you are not Ron-Wayne.
- GFischer 12y agoI was not aware of his story... ouch: http://en.wikipedia.org/wiki/Ronald_Wayne http://en.wikipedia.org/wiki/Ronald_Wayne "He sold his share of the new company for US$800, and later accepted US$1,500 to forfeit any claims against Apple."... "Had Wayne kept his 10% stock until then, it would have been worth approximately $60 billion."
- snowwrestler 12y agoNot a bad time to remember that Ron Wayne has said he does not regret getting out of Apple. $60 billion is incomprehensible to most people. It's money so big that it is not money anymore, it's the power to make society-level decisions. In a sense it is so big that it becomes an obligation--see Bill Gates and Warren Buffett. Steve Jobs himself was not nearly that rich because he made decisions for reasons other than money--like selling all his Apple shares out of spite when he got fired. And sinking huge amounts of his personal wealth into NeXT to design the computer he thought should exist (but which never sold well). In a macro sense it is good that it is so hard to make large sums of money. It ensures that the people who make that money will at least have some ideas about what to do with it. Contrast with the typical fate of lottery winners. Most self-destruct in pretty short order.
- larrys 12y ago"$60 billion is incomprehensible to most people. It's money so big that it is not money anymore, it's the power to make society-level decisions. In a sense it is so big that it becomes an obligation--see Bill Gates and Warren Buffett." Add to that that not everyone wants to live in a fishbowl. Some do of course, but there is something to be said to having enough money to have a nice life, and some toys, and homes, and be able to do what you want when you want, but not be on everyone's radar and a potential target because of notoriety and wealth.