today in 1976

[cm1179]

(anyone confirm this - saw it on fb)

If anyone is having a bad day, remember that today in 1976 Ronald Wayne sold his 10% stake in Apple for $800. Now it's worth $58,065,210,000

ouch

 

[mollymoo]

I'd cry, a lot.

 

[Spenty]

Money ain't everything

 

[timebomb26]

Even crazier that apple was pretty much bankrupt until 1997, when Steve Jobs came back and saved them.

 

[mollymoo]

$58,065,210,000 is, thats the level of money where you can stop giving a monkeys about anything.

 

[MrMoonX]

bet he is kicking himself now

 

[King Damager]

bet he is kicking himself now

He actually says he doesn't regret it one bit... I've seen quite a few interviews with him about it where he was relatively non-chalant about it.

kd

 

[Pawnless Endgame]

Remember kids, 640kB is enough for anyone.

 

[SexyGreyFox]

Well my mate sold his share of Overclockers for peanuts and must wake up every day kicking himself.
Not as good as the Op but closer to home.

 

[AGD]

I've seen quite a few interviews with him about it where he was relatively non-chalet about it.

non-chalet?












non-chalet?

 

[cm1179]

non-chalet?












non-chalet?

lol just cottoned on to what he meant. that is brilliant!

then i read his location and it's even more brilliant.

 

[Pixel]

Even crazier that apple was pretty much bankrupt until 1997, when Steve Jobs came back and saved them.

You mean when Microsoft came along and bailed them out?

 

[Dj_Jestar]

One of the co-founders of Dominos pizza sold his half of the company for a used VW Beetle (probably worth $200 at the time) :E

 

[Tyron]

a lot of investors make dumb dumb mistakes.

 

[OhEsEcks]

It's amazing how easy it is to make and lose money in investing. On the flip side to the OPs post, there is that graffiti artist David Choe who painted Facebook's first offices and decided to take stock options instead of getting paid for it. I think he is looking at a $200 million windfall when Facebook floats.

 

[Marky]

It wasn't today - It was actually April 14th.

 

[Tummy]

Money ain't everything

I'd rather be unhappy in my Ferrari though

 

[cm1179]

It's amazing how easy it is to make and lose money in investing. On the flip side to the OPs post, there is that graffiti artist David Choe who painted Facebook's first offices and decided to take stock options instead of getting paid for it. I think he is looking at a $200 million windfall when Facebook floats.

yeh i saw him on a documentary. smart man.

 

[Dj_Jestar]

Smart or lucky? I don't think there was any way of knowing just how much Facebook would be worth then. Like all investments, there's good ones and bad ones.

 

[Marshstyles]

58 billion?