“Ronald Gerald Wayne, who founded Apple Computer with Steve Jobs and Steve Wozniak and sold his 10 percent share in the company just after 12 days, revealed the reason for his withdrawal from the Cupertino-based technology leader,” IBTimes reports.
“Had Wayne been holding the shares, which he sold for just $800 in 1976 and got additional $1,500 later that year in exchange for forfeiting any claims in the company, he would have got more than $35 billion for the stake today,” IBTimes reports. “Wayne further said his bad experience in entrepreneurship, when he started a slot machine company that failed, led to his decision to leave Apple”
IBTimes reports, “He said he doesn’t regret his decision because of the risk involved in Apple at that stage.”
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