Ronald Wayne Missed An Opportunity
'Never Regreted His Decision'
Ronald Wayne is an American Entreprenuer and co-founder of Apple Inc. Born May 17, 1934 in Cleveland, Ohio. Wayne played a significant role in the early stages of Apple's formation alongside Steve Jobs and Steve Wozniak. In 1976, Wayne collaborated with Jobs and Wozniak to establish Apple Computer Company. At the time, Wayne held a 10% ownership stake in the company. He played a critical role in drafting the original partnership agreement and even designed the first apple logo. However, Wayne's time at Apple was short-lived. Just 12 days after the formation of the company, he sold his 10% share of Apple for a relatively small sum worthy $800. Wayne decided to leave the company primarily due to concerns about the financial risks and his desire to avoid personal liability if at all the venture failed. Unfortunately for Wayne, his decision to sell his shares early on meant missing out on the significant success and financial gains that Apple would achieve in the future.