Question
Here is the question : RONALD WAYNE IS THE LESSER-KNOWN THIRD FOUNDER OF WHAT TECH GIANT?
Option
Here is the option for the question :
- IBM
- Apple
- Bell
- Amazon
The Answer:
And, the answer for the the question is :
Explanation:
Steve Wozniak and Steve Jobs, the company’s co-founders, asked Wayne to assist with the company’s early logo design in addition to assisting with administrative procedures. In 1976, as a reward for his work, he was offered a 10% ownership stake in the company, which he sold for $800 twelve days after the company was incorporated. A ten percent ownership share in Apple is currently worth more than one hundred billion dollars.
When we think of the founding of Apple, we think of Steve Jobs and Steve Wozniak. However, there was actually a third co-founder, Ronald Wayne, who is often overlooked in the company’s history. Wayne was a key player in the early days of Apple, but he decided to sell his stake in the company just a few weeks after it was founded.
Ronald Wayne was born in 1934 and grew up in Cleveland, Ohio. He had a diverse career before he became involved with Apple, working as a draftsman, a technical illustrator, and an engineer. In 1976, Wayne was working as a technical artist for Atari when he met Steve Jobs and Steve Wozniak.
At the time, Jobs and Wozniak were working on the Apple I computer, and they needed someone to help them with the documentation and marketing materials. Wayne was brought on as a consultant and played an important role in the early days of the company.
Wayne was responsible for creating the first Apple logo and drafting the company’s partnership agreement. He also invested $1,500 in the company, which was a significant amount of money at the time. However, just a few weeks after the company was founded, Wayne decided to sell his stake in the company for $800.
There were a few reasons why Wayne decided to sell his stake in Apple. One of the main reasons was that he was worried about the financial risks of starting a new company. He was also concerned about the potential for disagreements between the founders and didn’t want to be caught in the middle of any disputes.
In retrospect, Wayne’s decision to leave Apple was a mistake. If he had stayed with the company, his stake would be worth billions of dollars today. However, Wayne has stated that he has no regrets about his decision and that he’s happy with the way his life turned out.
Ronald Wayne played an important role in the company’s early days. He contributed to the company’s branding and legal structure and was an integral part of the founding team. While he may not be as well-known as Jobs and Wozniak, his contributions to the company’s success should not be overlooked.