Apple’s original founding document, signed by Jobs, surfaces; may fetch ₹36 crore
In a fascinating turn of events, a piece of Apple’s history has resurfaced, and it’s expected to fetch a whopping ₹36 crore at an auction. The three-page document, which is the original founding document of Apple, has been signed by the company’s co-founders, Steve Jobs, Steve Wozniak, and Ron Wayne. This historic document is a significant piece of tech history, and its emergence has sent shockwaves throughout the industry.
The document, which dates back to April 1, 1976, outlines the agreement between the three co-founders, setting out the ownership stakes of each individual. According to the document, Steve Jobs and Steve Wozniak each held a 45% stake in the company, while Ron Wayne held a 10% stake. However, in a surprising turn of events, Wayne decided to withdraw his support from the company just 12 days later, selling his stake for a mere $2,300.
It’s worth noting that if Wayne had retained his 10% stake in the company, his net worth would be significantly higher today. Apple is now one of the world’s most valuable companies, with a market capitalization of over $2 trillion. Wayne’s decision to sell his stake has been widely debated, with many wondering what could have been if he had stayed on as a co-founder.
The document is not only significant because of its historical value but also because it provides a glimpse into the early days of Apple. The company was founded in Jobs’ parents’ garage, and the three co-founders worked tirelessly to develop the Apple I, one of the first personal computers on the market. The Apple I was designed and hand-built by Wozniak, and it was introduced at the Homebrew Computer Club in Palo Alto, California.
The emergence of this document has sparked a lot of interest among Apple enthusiasts and collectors. The auction is expected to attract a lot of attention, with many bidding on the chance to own a piece of Apple’s history. The document is a rare find, and its value lies not only in its historical significance but also in its rarity.
The auction of the document is a reminder of the humble beginnings of Apple, which has grown into a global tech giant. The company’s journey from a small garage to a multinational corporation is a testament to the vision and innovative spirit of its co-founders. Steve Jobs, in particular, played a significant role in shaping the company’s future, and his legacy continues to inspire and influence the tech industry today.
The document is also a reminder of the importance of partnerships and collaborations in business. The partnership between Jobs, Wozniak, and Wayne, although short-lived, laid the foundation for Apple’s success. The company’s early days were marked by innovation, experimentation, and a willingness to take risks, which ultimately led to the development of groundbreaking products like the Macintosh computer and the iPhone.
In conclusion, the emergence of Apple’s original founding document is a significant event that highlights the company’s rich history and legacy. The document is a rare find, and its auction is expected to attract a lot of attention from collectors and enthusiasts. The story of Apple’s founding is a fascinating one, and this document provides a unique glimpse into the company’s early days. As the tech industry continues to evolve, the legacy of Apple’s co-founders will continue to inspire and influence future generations of innovators and entrepreneurs.
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