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Having a bad day? It could be worse, you could be this guy

John Plunkett. Updated August 3rd, 2018

Now that Apple has become the first public company to be worth $1 trillion, it reminded people of this guy, encapsulated – as all the best things are – on one of those London Underground boards.

https://twitter.com/_youhadonejob1/status/1025096418493689856

It’s worth a lot more now, of course, and here’s a little bit more info about what happened.

Ronald Wayne, the little known third co-founder of Apple, joined co-founders Steve Wozniak and Steve Jobs to provide the company with “adult supervision” and to oversee mechanical engineering and documentation, in exchange for a 10 percent stake in the business, according to an episode of CNBC’s “The Filthy Rich Guide.”

Wayne rapidly grew concerned that any debts incurred by the business would fall on him, personally. While both Jobs and Wozniak were young and broke, Wayne had assets, including a house, and feared that the financial burden would fall on him if the deal went south.

So after spending a mere 12 days with Wozniak and Jobs, Wayne had his name taken off the contract and sold his shares back to his co-founders for $800. Wayne’s decision to leave the start-up cost him big. Today, a 10 percent stake in Apple would be worth more than $95 billion. That kind of a fortune would make Wayne one of the richest people in the world.

Still, $800 eh?

Are you going to tell him or am I?

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