Apple engineers and...

16.07.2009, admin

Apple engineers and marketing people got to benefit from going public.
Otherwise, they’d have no stock at all. Mike Markkula kind of felt that some of
these people didn’t deserve it; some people shouldn’t get stock. But I disagreed
with him on that. Nobody stopped me, so I did it.
Livingston: But you still kept enough stock for yourself to buy a house, right?
Wozniak: The money I got from Apple employees, I used to buy a house. It
was kind of an early state to be selling out 15 percent of your stock, but hey, that
was a great opportunity for me. When I designed the Apple stuff, I never
thought in my life I would have enough money to fly to Hawaii or make a down
payment on a house. So it was huge deal for me.

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