Times of India | 'Never sold my stake for $800': Apple co-founder Ronald Wayne reveals truth about viral 'missed opportunity'

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Ronald Wayne, the often‑overlooked third co‑founder of Apple, clarified at the recent Apple@50 event that he never sold his original 10 % stake for $800 as the popular myth suggests. Wayne explained that he drafted Apple’s initial partnership agreement and helped create the first logo, but walked away twelve days later in 1976 because, before Apple was incorporated, the partners faced unlimited personal liability—especially after securing a $15,000 order for 50 Apple I computers. The modest $800 payment he received was, in his view, merely a “tip,” not a buyout of his equity. He emphasized that his share was earned when the company was formed on April 1, 1976, and that his departure was a precaution against potential debts, not a missed financial opportunity. Today he continues to work on engineering projects focused on performance and power‑efficiency.

Read more: https://timesofindia.indiatimes.com/etimes/trending/never-sold-my-stake-for-800-apple-co-founder-ronald-wayne-reveals-truth-about-viral-missed-opportunity/articleshow/130606176.cms

#Apple #RonaldWayne #SteveJobs #SteveWozniak #ComputerHistory #ByteShop #Apple50 #AppleI #

Meanwhile, #Apple turned 50 this week, some say sparking the greatest (r)evolution in human history....

https://www.siliconvalley.com/2026/04/01/five-times-apple-changed-the-world-in-its-first-50-years/

Happy Golden Anniversary!
But... buyers beware, too! 🍎 📱

> 50 years of Apple: Five moments that changed how we live

Cupertino computer titan celebrates its 50th anniversary on April 1

#technology #AppleComputer #iMac #iPhone #technology #computing #computers #smartphones #SteveJobs #SteveWozniak #RonaldWayne

Times of India | Who was Apple co-founder whose job was to act as the "adult in the room" and left the iPhone maker after 12 days

While Steve Jobs and Steve Wozniak are famed Apple founders, Ronald Wayne was the crucial third co-founder. He provided business experience and stability, even designing the original logo. Wayne exited just 12 days after Apple's 1976 formation, selling his 10% stake for $800, a decision that cost him billions.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/who-was-apple-co-founder-whose-job-was-to-act-as-the-adult-in-the-room-and-left-the-iphone-maker-after-12-days/articleshow/129975410.cms

#apple #stevejobs #stevewozniak #ronaldwayne

Applek 50 urte. Apunte azkar batzuk.

https://teknopata.eus/2026/04/applek-50-urte-apunte-azkar-batzuk/