Mike Markkula, the venture capitalist who helped turn Apple into a “real” company, received a return on his investment to the tune of $203 million. So did fellow VC Arthur Rock, whose $57,600 gamble netted him $21.8 million. Apple co-founder Steve Wozniak took home $116 million after...
As a result, Mike Markkula became president and Jobs chairman. Scott was named vice-chairman shortly before leaving the firm.Despite the problems with Apple III, the company forged ahead, tripling its 1981 research and development budget to $21 million, releasing 40 new software programs, ...
Wozniak said the antics stopped after Apple received its first big investment, a guaranteed bank loan of $250,000 from Mike Markkula in 1977 (the equivalent of over $1.1 million), and the company started to take off. "[Jobs] all the sudden disdained that," Wozniak said. "He didn't w...
Victoria Stone, Mark Deeble Watch on Apple TV+ Narrated by Chiwetel Ejiofor,The Elephant Queenplaces a documentary crew on the heels of Athena, the majestic, tusked matriarch of an elephant herd comprised of adult females and their offspring. When a drought strikes the idyllic oasis known as “...
“I feel like somebody just punched me in the stomach and knocked all my wind out,” he wrote Apple board member and long-time business colleague, Mike Markkula. “I’m only 30 years old and I want to have a chance to continue creating things. I know I’ve got at least one more...
Valentine will refer Jobs to Mike Markkula, who had previously managed marketing for Intel Corp. and Fairchild Semiconductor. November Corporate: Apple's first formal business plan sets a goal for sales to grow to $500 million in ten years. As it turns out, the company will pass that ...
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Steven Jobs was born in 1955.He was an American businessman and inventor.He was the co-founder and chief executive officer (CEO) of Apple Inc.In the late 1970s,Steve,with Apple co-founder Steve Wozniak,Mike Markkula,and others,designed,developed,and marketed one of the first successful lin...
Steven Jobs was born in 1955. He was an American businessman and inventor. He was the co-founder and chief executive officer (CEO) of Apple Inc. In the late 1970s Steve with Apple co-founder Steve Wozniak Mike Markkula and others design
Spindler made his second most important friend during his tenure at Intel,Mike Markkula. Markkula was deeply enamored with Spindler. In later interviews, Markkula described Spindler as “one of the smartest guys I know.” Markkula became very wealthy and retired from Intel. In 1976, he became...