Apple’s Original Contract Is Up For $150,000 At Auction

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Ronald Wayne, Apple's Third Founder
Ronald Wayne, Apple's Third Founder

Here’s a cautionary tale that should turn you into a hoarder: a contract of a nearly bankrupt tech company in the mid-1990s is now headed for the auction block with a $150,000 price tag. The company is Apple and the document is the tech giant’s founding contract with signatures of Steve Jobs, Steve Wozniak and Ronald Wayne — who must be kicking himself at this very moment.

Apple’s 3rd Co-Founder Ron Wayne Reveals How He Threw Away Billions In His New Autobiography

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Ronald Wayne, Apple's Third Founder
Ronald Wayne, Apple's Third Founder

You don’t hear all that much about Apple’s third founder, Ronald Wayne, and for good reason: he sold his stake in Apple just twelve days after the company was founded. It’d be worth $35 billion today. You might wonder what is going on in the head of a guy who made a blunder like that. Well, Wayne would like to tell you in his new autobiography, and… surprise… he doesn’t think he made a mistake at all!

Wozniak: Tablets Are For ‘Normal’ People

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CC-licensed photo: Al Luckow
CC-licensed photo: Al Luckow

Speaking at a keynote session at Storage Network World in Santa Clara, Apple co-founder Steve Wozniak was asked how tablet devices had changed the computer industry – his answer was that these devices are for ‘normal’ people – not geeks. Woz told the audience of enterprise storage engineers that:

The tablet is not necessarily for the people in this room. It’s for the normal people in the world.

Woz also said that it was also Steve Jobs’ intention to create products that were normal consumer appliances:

I think Steve Jobs had that intention from the day we started Apple, but it was just hard to get there, because we had to go through a lot of steps where you connected to things, and (eventually) computers grew up to where they could do … normal consumer appliance things.