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 ₹36 crore. This historic document is an agreement signed by the founding fathers of Apple, Steve Jobs, Steve Wozniak, and Ron Wayne, which outlines the initial ownership structure of the company.
The document, which dates back to April 1976, reveals that Jobs and Wozniak were each allocated a 45% stake in the company, while Wayne, who was the third co-founder, was given a 10% stake. However, in a surprising turn of events, Wayne withdrew his support from the company just 12 days later and sold his stake for a mere $2,300. At the time, it seemed like a trivial amount, but in hindsight, it is a staggering example of how Wayne missed out on an opportunity to be a part of one of the most successful companies in the world.
The document is a fascinating glimpse into the early days of Apple and provides a unique insight into the vision and aspirations of its founders. It is a testament to the innovative spirit and entrepreneurial drive of Jobs, Wozniak, and Wayne, who were determined to revolutionize the world of technology. The fact that this document has survived for over four decades is a remarkable achievement, and its discovery has sent shockwaves of excitement throughout the tech community.
The auction of this document is expected to attract intense interest from collectors, investors, and Apple enthusiasts, who will be eager to get their hands on a piece of history. The estimated price of ₹36 crore is a reflection of the document’s immense significance and rarity. It is a once-in-a-lifetime opportunity for someone to own a piece of Apple’s heritage, and it is likely to spark a fierce bidding war.
The story of Apple’s founding is well-known, but this document provides a fresh perspective on the company’s early days. It highlights the challenges and uncertainties faced by the founders, who were driven by a shared vision to create something new and innovative. The fact that Wayne withdrew his support from the company so early on is a reminder that even the most successful companies have experienced setbacks and obstacles along the way.
The discovery of this document is also a timely reminder of the enduring legacy of Steve Jobs, who passed away in 2011. Jobs was a true visionary, who played a pivotal role in shaping the world of technology as we know it today. His innovative spirit, combined with his passion for design and simplicity, helped to create some of the most iconic products in history, including the Macintosh computer, the iPod, and the iPhone.
The auction of Apple’s founding document is a unique opportunity for someone to own a piece of history, but it also serves as a reminder of the power of innovation and entrepreneurship. It highlights the importance of taking risks, pursuing new ideas, and pushing the boundaries of what is possible. As the tech industry continues to evolve and shape the world around us, the story of Apple’s founding serves as a powerful inspiration for entrepreneurs, inventors, and innovators everywhere.
In conclusion, the discovery of Apple’s original founding document is a significant event that provides a fascinating glimpse into the company’s early days. The document’s expected auction price of ₹36 crore is a reflection of its immense historical significance and rarity. As the tech community continues to celebrate the legacy of Steve Jobs and the founding of Apple, this document serves as a powerful reminder of the innovative spirit and entrepreneurial drive that has shaped the world of technology as we know it 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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