Insult, it seems to me, was added to injury yesterday in the sad story of Ronald Wayne. Wayne, the man who owned 10% of Apple Computers for less than two weeks before he sold his share, which would now be worth roughly $2,000,000,000.00, for $2300.00. He’d lost money in another partnership and was concerned about how fast Jobs and Wozniak were moving.
The additional insult yesterday was that the initial formation papers of Apple Computer, drawn up by Wayne on a typewriter and initially held by him, sold yesterday at auction for nearly $1.6 million. Unfortunately, Wayne had sold those, too, to a businessman for a few thousand dollars in the nineteen nineties. The story was obscured in some of the American press—The Boston Globe, for example, made it appear Wayne still owned the documents until yesterday—but made crystal clear from across the pond in the Telegraph.
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