Back
Mayank Kumar
Strategy & Product @... • 1y
Did you know? Mike Markkula played a pivotal role in the early days of Apple. In 1977, he was introduced to Steve Jobs and Steve Wozniak, the co-founders of Apple, through a mutual friend. At the time, Apple was a fledgling company operating out of Jobs' garage. Recognizing the potential of their innovative personal computer, Markkula decided to invest $250,000 of his own money into the company. This investment included $80,000 as an equity investment and $170,000 as a loan. Markkula retired from Apple in 1997. This suggests he likely sold a large portion of his holdings around that time. Create a company to make what you believe in, and not just to get rich!
Replies (4)
More like this
Recommendations from Medial
Vikas Acharya
Building WelBe| Entr... • 8m
The $40 Billion Mistake – Ron Wayne (Apple's Forgotten Founder) Ron Wayne co-founded Apple with Steve Jobs and Steve Wozniak in 1976 but sold his 10% stake for just $800 because he feared financial risk. Today, that stake would be worth over $100 bi
See More
Jaswanth Jegan
Founder-Hexpertify.c... • 1y
"Apple was 90 Days away from Bankruptcy" Bankruptcy to Billions #5 Steve Jobs Returns To Save Apple Steve Jobs was fired from Apple in 1985 due to a power struggle with CEO John Sculley.The board of directors sided with Sculley,Fired Jobs of his ma
See More
Download the medial app to read full posts, comements and news.