“With a flourish of legalese, Ron Wayne drafted the three-page document that founded Apple Computer (AAPL) on April Fools Day, 1976,” Phillip Elmer-Dewitt reports for Fortune.
“Jobs and Wozniak each got 45% of the new company, and Wayne got 10%,” P.E.D. reports. “Eleven days later, Wayne got cold feet. He came back with a two-page document formally withdrawing from the partnership. The 10% he sold back to Jobs and Wozniak for $800 would today be worth $3.9 billion.”
P.E.D. reports, “At a sparsely attended Sotheby’s auction Tuesday the two documents sold for $1.35 million… The buyer, who followed the action by telephone, was unidentified.”
Full article here.
[Thanks to MacDailyNews Readers “Dan K.” and “Judge Bork” for the heads up.]