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What it feels like to lose $60 billion

Posted on 9/8/14 at 10:19 am
Posted by Broke
AKA Buttercup
Member since Sep 2006
65039 posts
Posted on 9/8/14 at 10:19 am



quote:

Apple wasn’t started by just two guys named Steve. Besides Jobs and Wozniak, the oft-forgotten third founder of Apple is Ronald Wayne, who left the fledgling company 12 days after it was founded in April 1976.

Wayne sold his 10 percent share of the company for $800, plus an additional $1,500 payout later that year. That share would be worth more than $60 billion today. In a 2011 interview with Bloomberg Television, the now-80-year-old Wayne said he had no regrets.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58304 posts
Posted on 9/8/14 at 10:20 am to
Did he lose it if he never actually had it?
Posted by Broke
AKA Buttercup
Member since Sep 2006
65039 posts
Posted on 9/8/14 at 10:21 am to
quote:

Did he lose it if he never actually had it?


Hmmmmmm
Posted by seeLSUrun
Baton Rouge
Member since Nov 2005
23038 posts
Posted on 9/8/14 at 10:21 am to
Ouch
Posted by Dr. Morgus
Member since Dec 2001
Member since Jul 2013
3740 posts
Posted on 9/8/14 at 10:21 am to
quote:

the now-80-year-old Wayne said he had no regrets.


i call bullshite
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 9/8/14 at 10:21 am to
not earning 60 billion =/= losing 60 billion
Posted by Dez
Baton Rouge, LA
Member since Jun 2007
1759 posts
Posted on 9/8/14 at 10:21 am to
Damn, that must sting.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65039 posts
Posted on 9/8/14 at 10:22 am to
quote:

not earning 60 billion =/= losing 60 billion


Whatever you want to call it buddy. This isn't a $20 bill. It's $60,000,000,000
Posted by absolute692
US of A, MFer
Member since Feb 2007
3964 posts
Posted on 9/8/14 at 10:23 am to
Pretty sure that guy is still doing very well for himself and not worried about money.
Posted by Commandeaux
Zachary
Member since Jul 2009
7268 posts
Posted on 9/8/14 at 10:24 am to
I wonder if he checks the stock price everyday like Walter White.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58304 posts
Posted on 9/8/14 at 10:24 am to
quote:

What it feels like to lose the opportunity to make $60 billion
Posted by PuntBamaPunt
Member since Nov 2010
10070 posts
Posted on 9/8/14 at 10:24 am to


he lives in a mobile home in the desert selling stamps.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10037 posts
Posted on 9/8/14 at 10:25 am to
He had the stake in the company, which is what ended up being worth sixty billion.

If you had a Honus Wagner original card, and threw it away because it was once worthless, you still had the card; so by tossing it, you lost the future value of the card.
Posted by Count Chocula
Tier 5 and proud
Member since Feb 2009
63908 posts
Posted on 9/8/14 at 10:25 am to
Broke, make all these guru's happy and change it to: What's it like to sign away $60B?"
Posted by Mickey Donovan
Southie
Member since Aug 2014
672 posts
Posted on 9/8/14 at 10:25 am to
How much is this guy worth right now?

And no, I didn't click the link.
Posted by Mickey Donovan
Southie
Member since Aug 2014
672 posts
Posted on 9/8/14 at 10:25 am to
quote:

he lives in a mobile home in the desert selling stamps.


No regrets...

except that time I threw away 60 billion dollars.
Posted by Count Chocula
Tier 5 and proud
Member since Feb 2009
63908 posts
Posted on 9/8/14 at 10:26 am to
That's a damn fine mobile home. He'd be a king in Livingston Parish.

Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58304 posts
Posted on 9/8/14 at 10:27 am to


It's my credo
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 9/8/14 at 10:28 am to
quote:

the oft-forgotten third founder of Apple is Ronald Wayne,


oft-forgotten?! I feel like I see this same exact story pop up 3-4x a year for the past 5 years.
Posted by Bourre
Da Parish
Member since Nov 2012
20180 posts
Posted on 9/8/14 at 10:28 am to
quote:

What it feels like to lose $60 billion


quote:

Broke
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