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by blizkreeg 5857 days ago
Bad luck couldn't get any worse than this, I suppose.

I wonder why Jobs or Woz never gifted a tiny fraction of their shares in Apple at a later point to Wayne, as a token of appreciation (if tiny). It would have been a nice gesture.

3 comments

Woz gave away a lot of his shares to early employees pre-IPO because he felt it was unfair that they didn't get any from the company. I suspect that by 1980, most of those employees did a lot more than Ron Wayne to make Apple what it was.
> I wonder why Jobs or Woz never gifted a tiny fraction of their shares in Apple at a later point to Wayne. It would have certainly been a nice gesture.

everyone wants to be charitable with someone else's money...

Why on earth would they give him one red cent more? He sold his shares. He wanted out. Not only that, but if the Founders of Work story quoted earlier is correct, Jobs and Woz spent money to buy him out at a time when they couldn't afford it. They took all the risk, and he consciously avoided it. You make a conservative move to avoid risk, then you lose out on possible paydays.