Apple’s original founding document, signed by Jobs, surfaces; may fetch ₹36 crore
In a remarkable discovery, a three-page document that played a pivotal role in the creation of the original version of Apple has surfaced, and it is expected to be auctioned for a staggering amount of approximately ₹36 crore. This historic document is an agreement signed by the founders of Apple, Steve Jobs, Steve Wozniak, and Ron Wayne, which outlines the initial ownership structure of the company.
The agreement, dated April 1, 1976, assigns a 45% stake each to Jobs and Wozniak, while Wayne, who was a friend of Jobs, was allocated a 10% stake. However, as fate would have it, Wayne withdrew his support for the company just 12 days later, selling his stake for a mere $2,300. Little did he know that his decision would cost him a fortune, as Apple would go on to become one of the most valuable companies in the world.
The document, which is a testament to the humble beginnings of Apple, is a significant piece of tech history. It highlights the vision and determination of Jobs and Wozniak, who were just 21 and 25 years old, respectively, at the time of the company’s founding. The agreement also underscores the importance of Wayne’s contribution, albeit brief, to the formation of Apple.
The auction of this document is expected to generate significant interest among collectors and enthusiasts of tech history. The estimated price of ₹36 crore is a reflection of the document’s rarity and historical significance. It is a unique opportunity for someone to own a piece of Apple’s history, and it is likely to be a highly competitive auction.
The story of Apple’s founding is a fascinating one, and this document provides a glimpse into the company’s early days. Jobs and Wozniak, who met while attending Homestead High School in Cupertino, California, shared a passion for electronics and design. They began building computers in Jobs’ parents’ garage, and their first product, the Apple I, was designed and hand-built by Wozniak.
The Apple I was introduced at the Homebrew Computer Club, a gathering of computer enthusiasts, and it generated significant interest. However, it was the Apple II, which was launched in 1977, that really put Apple on the map. The Apple II was one of the first highly successful mass-produced personal computers, and it played a significant role in launching the personal computer revolution.
Today, Apple is a global technology giant, with a market capitalization of over $2 trillion. The company’s products, including the iPhone, iPad, and MacBook, are used by millions of people around the world. The success of Apple is a testament to the vision and innovation of its founders, and this document is a reminder of the company’s humble beginnings.
In conclusion, the discovery of Apple’s original founding document is a significant event, and its auction is expected to generate considerable interest. The document provides a unique glimpse into the company’s early days and highlights the importance of the contributions made by Jobs, Wozniak, and Wayne. Whether you are a collector, an enthusiast of tech history, or simply someone who appreciates the significance of this document, this is an opportunity to own a piece of history that is not to be missed.