Apple’s original founding document, signed by Jobs, surfaces; may fetch ₹36 crore
In a remarkable discovery, a three-page document that played a crucial role in the creation of the original Apple has surfaced, and it’s expected to be auctioned off for a staggering ₹36 crore. This historic document is an agreement signed by the founders of Apple, including the legendary Steve Jobs, Steve Wozniak, and Ron Wayne. The agreement outlines the initial ownership stakes of the company, with Jobs and Wozniak each holding 45% and Wayne owning 10%.
The document is a significant piece of Apple’s history, marking the beginning of a journey that would eventually lead to the creation of one of the world’s most valuable and influential companies. The agreement, signed on April 1, 1976, is a testament to the vision and determination of the three founders, who came together to revolutionize the technology industry.
Steve Jobs, Steve Wozniak, and Ron Wayne were the original founders of Apple, and their partnership was the driving force behind the company’s early success. Jobs and Wozniak, in particular, are widely credited with developing the Apple I, one of the first personal computers on the market. The Apple I was designed and hand-built by Wozniak, while Jobs had the idea to sell the computer.
However, Ron Wayne’s involvement with Apple was short-lived. Just 12 days after signing the founding document, Wayne withdrew from the company, selling his 10% stake for a mere $2,300. This decision would prove to be a costly mistake, as Apple’s valuation would eventually soar into the hundreds of billions of dollars.
The founding document is not only a significant historical artifact but also a rare glimpse into the early days of Apple. The document provides insight into the company’s humble beginnings and the relationships between its founders. It’s a reminder that even the most successful companies start with simple ideas and a shared vision.
The auction of the founding document is expected to generate significant interest among collectors and Apple enthusiasts. The document’s historical significance, combined with its rarity, makes it a unique and valuable item. The estimated price of ₹36 crore is a testament to the document’s importance and the enduring legacy of Apple.
The discovery of the founding document is also a reminder of the importance of preserving historical artifacts. The document’s survival is a testament to the careful preservation of Apple’s history, and its auction will provide an opportunity for the public to learn more about the company’s origins.
In recent years, there has been a growing interest in the history of technology and the companies that have shaped the industry. The auction of the Apple founding document is a significant event that will provide a unique insight into the early days of one of the world’s most influential companies.
As the auction approaches, there is likely to be significant interest in the document from collectors, museums, and Apple enthusiasts. The document’s sale will not only provide a new home for this historic artifact but also help to raise awareness about the importance of preserving technological history.
In conclusion, the discovery of Apple’s original founding document is a significant event that provides a rare glimpse into the company’s humble beginnings. The document’s auction is expected to generate significant interest, and its sale will help to preserve an important piece of technological history. As we look to the future, it’s essential to remember the past and the visionaries who shaped the technology industry into what it is today.
News Source: https://www.newsbytesapp.com/news/business/apple-s-original-founding-document-signed-by-jobs-heads-to-auction/story
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