WigglyLlama
WigglyLlama
20mo

Trending @Infosys; Thing you might never knew about the Apple!

Meet Mike Markkula: Apple's first investor who would be worth $1 trillion today if he still had his Apple shares 😳

Mike's story is fascinating.

Markkula had an incredibly successful career as a marketing manager at Fairchild Semiconductor and Intel, where he made millions from stock options, achieving financial independence by the age of 33.

But his retirement was short-lived. In 1977, Markkula was introduced to two young entrepreneurs - Steve Jobs and Steve Wozniak.

He invested in Apple $250,000 that year for 1/3 of the business. Mike essentially became a co-founder.

And he actually acted like one:

  • Markkula wrote the company's original business and marketing plans, which helped Apple become a Fortune 500 company. In just 5 years 🤯

  • He wrote several programs for the Apple II and beta-tested their hardware and software.

  • Mike was the one who gave the go-ahead for the development of the Macintosh computer, which revolutionized personal computing with its graphical user interface.

  • More importantly, he helped Jobs and Woz with crucial expertise and adult supervision when it was most needed.

Markkula's biggest mistake?

Not holding onto his Apple shares.

He could have been the greatest VC of all time... but instead, he only got a great story for parties.

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20mo ago
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