Imagine no possessions.”
— John Lennon, 1971
Five years after those words were sung, a couple of college dropouts named Steve hooked up and started making computers. They called their little company Apple Computer.
Computers don’t build themselves. Steve Wozniak and Steve Jobs had to buy the parts and pay designers and manufacturers. After exhausting their paltry money, they persuaded an investor to kick in a few hundred thousand dollars for part of their new company.
The company grew and they needed more money. Several other individuals and then venture capital firms invested millions in return for sizable chunks of the company.
The company continued to grow. In 1980, Continue reading